Sunday, 6th September, 2020 marks the last day of the 46th edition of The European House-Ambrosetti Forum, The scenario of today and tomorrow for competitive strategies, in Cernobbio – a three-day event with meetings and inspiring ideas for discussion on the most relevant issues for the global economy and society.
Alex Lasagna, Deputy CEO Algebris, shared his view on the market today, focusing on topics and assets classes that are now key to Algebris. Interviewed by Class CNBC, he outlined the upcoming challenges in the last quarter of 2020: from tech stocks to the elections in the United States, to the NPL sector in Italy. And it is precisely on Italy and Algebris’ commitment to the country that Alex mentions in an article of Il Sole 24 Ore: “We believe in Italy, we want to play a role as investors by contributing to the growth of companies and the country”. The firm has in fact recently launched an ELTIF (European Long-Term Investment Fund) equity fund investing in Italian companies. “The average investment horizon is 5 years and we do not limit ourselves to the role of investors, we sustain business growth, supporting companies in their corporate governance processes” he concludes.
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