Generali Group announces that Alfred Leu, currently CEO of Generali Switzerland Holding, has been appointed as CEO of Generali Holding Vienna AG and Generali Versicherung AG as from the 1st January 2016. Peter Thirring will resign as CEO of both companies for personal reasons. Jaime Anchustegui, head of EMEA Regional Office, will lead the Generali Switzerland Holding in the interim-period.
Although the recession of 2009-2014 has officially ended, the operating environment for Italian utilities remains tough. A moderate economic recovery and a shift toward energy efficiency are reducing the demand for power. However, the Italian utilities rated by Standard & Poor’s Ratings Services have lost none of the resilience they demonstrated toward the harshest recession in the country’s history. For most Italian utilities we rate, this resilience is partly attributable to the share of regulated activities in their business mix, which has enabled stable financial performance despite weak economic conditions.
La Française Real Estate Managers has acquired an asset located within block P5 and in the heart of the new "Bassins à Flot" district, straight along the road from the Chaban Delmas bridge in the centre of Bordeaux (33).
The impact on markets has been very short lived as investors have learned from history that, after the initial contraction, markets revert quickly to levels before the event. The tragic events in France are still a reminder of the unknown and unexpected events investors have to accept when harvesting risk premiums in markets.
U.S. and European stocks fell sharply last week. In the U.S., the Dow Jones Industrial Average fell 3.71% to 17,245, the S&P 500 Index dropped 3.62% to 2,023, and the tech-heavy Nasdaq Composite Index lost an even harsher 4.27% to close the week at 4,927. Energy-related and retail stocks were the worst performers, with the latter pulled down by growing concerns over holiday sales. The equity selloff also meant that volatility, as measured by the VIX Index, climbed back to 20 for the first time since early October.
Standard Ethics communicates the Standard Ethics Ratings issued to the twenty largest Swiss and Belgian companies.
PIMCO, a leading global investment management firm, has elected Daniel Ivascyn to serve as Group Chief Investment Officer (“Group CIO”), succeeding William H. Gross who has left the firm. In addition, the firm appointed Andrew Balls, CIO Global; Mark Kiesel, CIO Global Credit; Virginie Maisonneuve, CIO Equities; Scott Mather, CIO U.S. Core Strategies; and Mihir Worah, CIO Real Return and Asset Allocation. Douglas Hodge, PIMCO’s Chief Executive Officer, and Lew “Jay” Jacobs, President, will continue to serve as the firm’s senior executive leadership team, spearheading PIMCO’s business strategy, client service and the firm’s operations.
Ormai da qualche anno il mondo del risparmio gestito è riccamente popolato di prodotti di ogni genere, progettati per soddisfare le esigenze di molteplici tipologie di risparmiatori e investitori.
