Private banking: in 2023 assets managed in Italy will reach 1.100 billion, boom in government bonds
According to the final data of the API, compared to 2022 the growth was 11,2%, the overall net collection reached 37 billion
Intermediaries: Finecobank stands out in the equity sector, Intesa Sanpaolo excels in the bond sector. Here are the rankings
The two institutions stand out in the traditional rankings of shares and bonds created by the Association of Financial Market Intermediaries
Campari raises 1,2 billion with new shares and convertible bonds for the purchase of Courvoisier cognac. Title down
For the Cognac operation launched in December, the Spritz house had received a bridge loan from the banks. Now it has replaced it with 650 million new ordinary shares and 550 million convertible bonds
Eni launches new fixed rate bonds. Started the buyback program
The new fixed-rate bonds will have 4- and 10-year terms and are part of the company's Euro Medium Term Note programme. The First Tranche of the buyback will start in the next few days
Bonds and shares: the distance is reduced after the storm born from the crack of the Svb. Fugnoli's opinion (Kairos)
According to Kairos strategist, Alessandro Fugnoli, the distortion of the overvaluation of equity against bonds that are catching up - What to do in times of very volatile markets
Corporate bonds "essential for a balanced portfolio": speaks Simoncelli (Invesco)
INTERVIEW with Invesco strategist LUCA SIMONCELLI who explains the current situation of the markets and gives some indications for the composition of the portfolios
Bond magic moment: the success of Eni's issue unleashes the race for bonds as an anti-recession policy
For financial analysts, 2023 will be the year of the bond recovery after the black year of 2022: "A storm not seen since 1969" - Skip the 40/60 relationship between stocks and bonds
Generali launches an operation for the further purchase of 5,33% of Cattolica: thus over 90% will arrive
Through a Reverse Accelerated BookBuilding aimed at qualified investors and foreign institutional investors, the Trieste-based Company intends to purchase Cattolica ordinary shares, equal to 5,3279% of its share capital
Online trading, how automatic trading works. The case history of Alfa Advisor
Online trading has reached a stage of specialization such as to include, among its various forms, that of automatic trading. In this case history we have put the Millimetric Trading Alfa Advisor program under the magnifying glass
Online trading and shares: boom in Italy with the pandemic
According to Consob, the number of transactions in shares grew by a third between 2019 and 2021 - Interest in crypto-assets is also increasing - Participation in the markets is growing, but new investors are less competent…
Bags, what to do in 2022? For Fugnoli it's time for defensive titles
The stock market has also started well in the new year but prudence is a must in the face of the resurgence of Covid - Here are the advices of Alessandro Fugnoli, Kairos strategist
BlackRock: this is what 2022 will be like for the markets
The US giant presented its 2022 market outlook - The race for equities continues, despite the increase in inflation - Three political risks for the Eurozone
Lego: bricks pay more than gold and shares
Collecting and investing: a research carried out by the Moscow Higher School of Economics analyzed the price trend of collectible Lego, discovering higher increases than stock exchanges and gold
Assosim: Fineco queen of shares, Akros of bonds. The 2021 rankings
The association of financial market intermediaries takes stock of the first half of 2021, highlighting the good performance of the stock market, but also the weakness of the bond market due to three macro factors - Finecobank and Banca Akros are confirmed at the top of the rankings,…
Bags, Fugnoli: "The rise is not ending"
According to Kairos' strategist, "there aren't enough elements to say that the share price hike is close to completion": that's why
Stock exchanges look to the after vaccine. Political shame also weighs on the dollar
Why are T-Bond yields rising? And why, despite a government in fibrillation, does the BTP spread decrease? Will low real rates comfort the recovery? Will the dollar go down again? Are the bags fragile or solid?
Cattolica will purchase the shares of those who have chosen to withdraw
The Venetian insurance company wants to quickly close the issue of the withdrawal of those who have not accepted the transformation into a joint-stock company and will therefore reimburse the shareholders who have chosen to withdraw by purchasing their shares - The reorganized proposal by the CEO Carlo has been approved…
Ubi Banca, what can those who have not adhered to the public takeover bid do?
Even Ubi shareholders who have not taken part in the Intesa Sanpaolo takeover bid can take advantage of the advantages, partly in shares and partly in cash, guaranteed by the offeror but they must decide what to do within the month: there are two possibilities
Stock Exchange, Fugnoli: "The rise will continue, that's why"
According to Kairos' strategist, the positive trend of the markets will continue at least until mid-2020, mainly thanks to expansionary monetary policies, but then something could change: that's why
Morgan Stanley has second thoughts: upgrade for global equities
The investment bank improves its opinion on the future trend of global markets from "underweight" to "neutral" - The phone calls of some customers annoyed by the new Wall Street records would also have weighed on the decision
Current accounts, shares, bonds: 30% of Italians don't know them
The Consob Report on the investment choices of Italian families confirms the country's low level of knowledge and financial literacy which requires a clear leap in quality of educational initiatives
Fineco queen of shares, Banca Imi of bonds: Assosim ranking
The Associazione Intermediari Mercati Finanziari sums up the first half of 2019 by crowning the most active companies on the platforms managed by Borsa Italiana, Eurotlx, Hi-Mtf and Equiduct
Sovereign wealth funds and central banks bet on bonds, gold and the renminbi
Invesco Annual Report Analyzes Current Market Trends - If Sovereign Bonds Prefer Bonds, Abandon Equities, Central Banks Focus on Gold and Renminbi - Here Are the Key Trends
Fineco leader in equities, Banca IMI in bonds: Assosim ranking
Finecobank once again first among the intermediaries of Piazza Affari for transactions on the stock market: Banca IMI second while the third place is shared by IwBank and Banca Akros - Banca IMI wins instead in bonds ahead of Banca…
Invest in stocks? Here's what you need to know
FROM THE ADVISE ONLY BLOG - What are shares, how and where to buy them, how much is gained or lost: all the information a saver who decides to invest in the stock market must have
Assosim: the ranking of the 1st semester of shares and bonds
From the six-monthly report of Assosim it emerges that the ranking of shares is dominated by FinecoBank, while that of bonds sees Banca Imi in first place.
Stock exchanges 2018: better cyclical or defensive?
FROM THE ADVISE ONLY BLOG - We have now reached the halfway point of 2018 and it's time to take stock: how have the sectors navigated the markets in these particularly stormy months? - Here are the sectors that have gained…
Kairos: here are the seven golden rules in asset management
The founder and number one of Kairos explains in a simple and understandable way to all the main mistakes to avoid in order to defend one's own assets when deciding on financial investments and above all when the markets are becoming increasingly…
Terna, CEO Ferraris buys 10 thousand shares
The CEO and general manager of the company that manages the national electricity grid bought the shares at a price of 4,746 euros per share.
Intesa Sanpaolo, draft financial statements approved: 3,5 billion in dividends
The separate and consolidated financial statements as at 31 December 2017 have been approved. The ordinary shareholders' meeting of 27 April is also called to decide on the distribution of ordinary and savings shares
Equity ETFs: funding boom in January
European ETF market saw net inflows triple from December in January, from €4,2bn to €13,4bn, according to latest Lyxor analysis - Equity ETFs attracted the most capital, recording their…
Stock market, the correction is approaching: what can be done to neutralize it?
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, strategist of Kairos - In these few days of 2018 "we have already gambled away half of the potential upside (on the Stock Exchange) for the whole year"- In order not to suffer the downward correction …
Stocks, bonds, currencies, commodities: winners and losers of 2017
FROM THE ADVISE ONLY BLOG - Euro sprint, Emerging companies at the top among the stocks, bonds in the background: a summary of 2017 in a few key numbers that tell us who has done well and who hasn't. And who got away with it, without infamy…
The football bubble is much closer than that of the stock market
The insane sum of 222 million spent this summer by PSG to buy Neymar from Barcelona broke the bank and created all the conditions for the explosion of the balloon bubble - The disproportionate prices of football stars do not…
The dollar, the euro, inflation and their effects on stock exchanges and bonds
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, Kairos strategist - The trend of currencies must be followed carefully because it influences the financial markets - Here's what to do with bonds and shares
Tiscali: price increased to 0,0376 euro per share
The transaction is worth a total of 13 million - The price per share is equal to the weighted average stock market price over the last 10 working days net of the 10% discount
Ubi: unopted offer closed early
The exercise of the unopted rights and the subscription of the shares must take place by 5 July - The price of each share is 2,395 euros and the ratio is 6 shares for every 35 rights.
Popolare Bari lists its shares on the Hi-Mtf market
From 30 June the shares of Banca Popolare di Bari, the largest bank in the South, will be listed on the Hi-Mtf market: the institute's board of directors decided yesterday, setting the theoretical price of each share at 7,5 euros
Borsa, don't sell before September: that's why
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, Kairos strategist - Except for limited achievements, until September is not the time to leave the Stock Exchange: for two reasons that concern both the USA and Europe - Only at the end…
Financial education glossary: shares, what they are and how they are valued
From the Global Thinking Foundation's "WORDS OF ECONOMICS AND FINANCE" - What are stocks and what is the difference between common stock, savings stock and preferred stock? - The risk of the investment and the possibility of receiving a dividend…
The PIRs put the turbo on the Italian Stock Exchange
From the Blog Advise Only - The PIRs are experiencing good success just a few months after their introduction. There are few compatible titles, demand is high and their prices are growing rapidly. But it's not all gold.
If liquidity drops, where should you invest?
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, strategist of Kairos - In 2018 global liquidity, quadrupled since 2018 by expansionary monetary policies, will slowly begin to decline but the effects on bonds and shares will not be the same…
Unicredit: Mustier stocks up on shares and bonds
The CEO of the banking group invested a total of 4 million, purchasing 140 shares of the bank in addition to the AT1 bonds.
Investing in the stock market, here's how to choose: asset allocation beats stock picking
FROM THE BLOG ADVISE ONLY - Many successful investors owe their fortune to the careful choice of a few stocks, stock picking - Is it better to try to imitate them or rather focus on risk diversification provided by asset allocation?
The US stock market and the curse of years ending with "7": myth or truth?
REPORT BY LUPOTTO & ASSOCIATI - Statistics suggest that the years ending with "7" are structurally unfavorable to equity investment in the American Stock Exchange and indeed often give rise to market crises - It is advisable to be cautious…
Equita best broker for research in Italy
The team of 15 analysts, led by Matteo Ghilotti and Stefano Lustig, ranked first in the "Countries & Regions - Italy" category which rewarded the best research teams by country.
Draghi: "No risk of financial bubbles"
The president of the ECB in a hearing in the European Parliament: "Our monetary policy is structured to give price stability throughout the Eurozone" - "We certainly look with concern at the announcements of protectionism" coming from the USA - Then the e
Unicredit under pressure with increase
Shares lose 2,2% while options fall almost 8% on the launch day of the mazi capital increase of 13 billion
Markets, 5 creepy months between the US and Europe
FROM "THE RED AND THE BLACK" BY ALESSANDRO FUGNOLI, strategist of Kairos - The next five months will be full of appointments that can significantly influence the markets but therefore one must choose between the American option (dollar, non-defensive shares and indexed T-bonds …
Trump-effect portfolio: more dollars and more cyclical stocks
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, Kairos strategist - The Trump effect is felt on the markets but we need to distinguish the short term from the medium term - In a 12-month horizon it is better to buy dollars and shares (but not…
Mps, green light for the conversion of bonds into shares
The small savers who buy the Bank's shares will be fully reimbursed for the bonds they hold and which are worth 2,1 billion euros - This is how MPS aims to reduce the amount of the capital increase - Board of directors of Fiume yesterday in Siena
Telecom Italia converts bonds
From November 15, Telecom Italia's Bond Guarantees Subordinated Mandatory Convertible will be converted into shares
Piazza Affari, the worst Stock Exchange in the last 10 years. The international ranking
"Indices and data" report of the Mediobanca research area - The average annual return of the Milan stock exchange has been equal to -6,5% since December 2005 (-51,7% overall return) - Worse than us only Athens which however not in the sample…
Millennials and savings, 65% do not invest: who thinks about retirement?
FROM THE ADVISE ONLY BLOG - Bankrate.com found that 65% of Millennials do not invest their savings, with a peak that reaches 80% among the youngest, those in the 18-25 age group…
Stock markets in emerging countries are recovering, but will it last?
Report Raiffeisen Capital Management - While developed markets ended August almost unchanged and with a slight loss, emerging market equity markets gained again: MSCI EM index rose by 2,3%
US rates, how many hikes? One, none or two
-From the BLOG "IL ROSSO E IL NERO" by ALESSANDRO FUGNOLI, strategist of Kairos - No one knows how many US interest rate hikes there will be this year but the markets don't care - In September it is therefore better to buy on weak bonds and…
Mps under fire: useful anti-turbulence advice
TAKEN FROM THE ADVISE ONLY BLOG - A guide to evaluate the risk levels of shares and subordinated and senior bonds of the Sienese bank, in the eye of the storm in Piazza Affari due to the unnecessary regulatory rigidity of the EU- In these…
Record stock market: Ftse Mib +14% since the beginning of the year and 27 new IPOs, the highest since 2007
The stock market year closes with growing numbers both in terms of performance and new listings - The Italian blue chip index better than the German Dax and the best stock exchange among the main world stock exchanges - The M&A of…
Markets, after the Fed still volatility. European equities favored but watch out for oil
The Fed rate hike is "good news for stocks" but it doesn't remove the volatility risk - Now keep an eye on the pace of the increases - If the economy holds up, earnings growth should be acceptable but the upside in stock prices…
Telecom Italia, the assembly rejects the conversion of savings
Telecom Italia's shareholders' meeting rejected, on the initiative of Vivendi who garnered 36,1% of abstentions, the board's proposal to convert savings shares into ordinary shares - Now the funds are contemplating revenge against Vivendi by rejecting…
BLOG BY ALESSANDRO FUGNOLI (Kairos) – 2016 will not be a normal year: indifferent cash or shares
FROM THE BLOG "THE RED AND THE BLACK" BY ALESSANDRO FUGNOLI, Kairos strategist - "2016 does not look like a normal year with an expected share price increase of between 5 and 10" and "being totally invested in stocks…
Corporate Governance, is multiple voting really necessary?
ITALY CORPORATE GOVERNANCE CONFERENCE - The arguments for and against multiple voting - Dallas (Icgn): "It is not the solution to shortermism, it can have side effects" - Rabin (Glass Lewis & Co): "Shareholder benefits not yet adequately …
Telecom Italia, anti-takeover move: conversion of savings shares into ordinary shares
Yesterday, Telecom Italia's board of directors took a decision long awaited by the market and which has an anti-takeover function: the conversion, initially optional and then mandatory, of savings shares into ordinary shares which will be proposed to the mid…
STOCK EXCHANGE – This is how you earn in the downturn of the markets
Futures, short ETFs, certificates and options, are the tools for experts that allow you to earn even when the markets go down - Trend reversal or tracking? - In some moments it is good to know how to get out of an investment but the choice…
BLOG BY ALESSANDRO FUGNOLI (Kairos) – Bonds and stocks see the world with different eyes
BLOG OF ALESSANDRO FUGNOLI, strategist of Kairos - Bond managers and equity analysts see the world with completely different eyes and are also divided on Greece and Quantitative easing - The watershed of rate hikes and…
Pirelli approves 2015 dividend and buyback
The coupon will be 0,367 euros per ordinary share and 0,431 euros for each savings stock, equal to a total dividend of 179,6 million euros - Ok also for the buyback of treasury shares up to 10% of the capital…
NATIXIS REPORT – Emerging are not all the same: Mexico and India are the favourites
NATIXIS REPORT - The strong demand for commodities has collapsed and most emerging currencies are under pressure awaiting a monetary tightening by the Fed: in this scenario, each country is evaluated for its own fundamentals -…
Dividend fever: here are the richest coupons in the world
The coupon fever has started in Piazza Affari: the Enel case rewarded by the increase in the dividend - In a scenario of low interest rates, the dividend yield increases in importance in the portfolio strategy - Focusing on the world's big names to…
44% of companies listed on the Stock Exchange are in the hands of foreigners
The weight of Italian entrepreneurial families remains predominant in unlisted joint-stock companies - The weight of banking groups decreases
Investments, shares still in sight but watch out for volatility
The year that opens will still be divergent, volatile and fragile - Volatility is increasing and with it the opportunities but operators advise caution - Oil drop: boost to growth but do not underestimate the repercussions - In the Eurozone the…
REPORT NATIXIS – 2015 will be the year of actions
NATIXIS GLOBAL ASSET MANAGEMENT RESEARCH - Geopolitical events, the situation in Europe and rising interest rates push institutional investors towards asset classes uncorrelated to the markets - Italians see private equity (19%), equities…
FCA raises 3,8 billion from placement of shares and bonds
Exor bought conversion bonds for $886 million in order to preserve its approximately 30% stake.
Equity still in the spotlight in 2015,
Crédit Suisse forecasts for Europe. "Realistic" a close start of the Quantitative easing of the ECB. Euro depreciating against the dollar
FROM ALESSANDRO FUGNOLI'S BLOG (Kairos) – Gold and oil: great buying opportunity or trap?
FROM THE "RED AND BLACK" BLOG BY ALESSANDRO FUGNOLI, Kairos strategist - The collapse of gold and oil prices to the levels of autumn 2010 can be a great temptation to buy. But today it seems late to sell and…
Stock market, Salini Impregilo flies on the wings of the buyback
The program for the purchase of ordinary treasury shares starts today, which could reach up to 10% of the capital - Pietro Salini: "The shares can also be used for small/mid size M&A operations, aimed at strengthening the order book and…
Zaleski: Tassara sells stake in Cattolica Assicurazioni
837.339 shares were placed on the market, equal to approximately 1,37% of the capital of the insurance company, or the entire stake in the portfolio of the holding company founded by the financier Romain Zaleski.
FUGNOLI (Kairos) – After the August storm, the devaluation of the euro helps both the US and Europe
FROM ALESSANDRO FUGNOLI'S BLOG (Kairos) - The divergence between an America that is better off and a Europe in a state of discomfort is widening but the devaluation of the euro is good for the 2 continents and from now on more dollars are held in …
Credit Suisse, who wins and who loses with the US rate hike: "Don't sell shares too soon"
CREDIT SUISSE - GDP growth and solid jobs data suggest the Fed could raise borrowing costs sooner than the market expects - Credit Suisse: "Remain overweight until the first increase in…
Utermann (Allianz Gi): "So far surprising returns, now it's more difficult to earn on the stock market"
THE ALLIANZ GI VIEW - 2014 earnings targets on the stock market already achieved - It's time to take profits on stocks and bonds: neutral positioning for the first time in 4 years - But look at…
Financial income, it's time X: today the rate rises from 20 to 26% but not for government bonds
The increase starts today and involves interest on current accounts, savings deposits, shares, bonds, mutual funds, repurchase agreements and some categories of life insurance policies (unit and index linked) - Fund taxation rises slightly…
Six months of earnings on the stock exchanges and Piazza Affari celebrates gold. But growth does not come
Positive balance in the first six months of 2014 for the price lists of the main European markets - Milan superstar with a growth of 14,6% driven by the banks - Monster performance for Mondo TV +273%, Telecom Italia Media saving +254%, Cobra +169 %…
Financial income, new rates starting tomorrow
Starting from midnight, the rate on interest accrued through current accounts, savings deposits, shares, bonds, mutual funds, repurchase agreements and certain categories of life policies (unit and index linked) will rise from 20 to 26% - Sale …
Stock Exchange: Bper collapses on the first day of the capital increase
The recapitalization launched in these hours will reach a maximum of 750 million euros of Bper - The subscription price of each of the newly issued ordinary shares has been set at 5,14 euros, of which 3,00 euros…
Autogrill: start of the buyback on 5% of the capital
The program - recalls a note from the group - allows the company to carry out investment operations and the establishment of a stock of securities, directly or through intermediaries, in compliance with current provisions.
Borsa, Mondadori ko after the placement of 12,6%
The stock loses more than 7%, dangerously close to the euro threshold, at 1,064 - The sell-off comes after the publishing group announced that it had placed 12,6% of the capital on the market at a price of 1,06 ,XNUMX…
Mondadori placed 12,16% of its share capital
The offer, which concerns a total of 29.953.500 shares, is divided into a placement of 15 million newly issued shares equal to 6,09% of the current share capital and a placement of treasury shares equal to 6,07% of the share capital.
Pirelli, Tronchetti: "Conversion of savings shares to the attention of management"
Chairman Tronchetti Provera explained that “savings shares account for around 2% of the capital. We have done simulations several times on this issue. It remains under consideration and I hope a solution can be found”.
Telecom Italia: June 26, new employee share plan
The subscription period was established from 26 June to 10 July - The plan is aimed at all people with permanent contracts of Telecom Italia and its subsidiaries with registered offices in Italy -…
CDP to sell treasury shares for 1,5% of the capital
Pre-emption on the package belongs to the Foundations, minority shareholders with 18,4% - Other possible buyers are the banking foundations that are not members of Cassa spa.
ADVISE ONLY – Is it still worth investing in US shares? Here's what the quarterly reports tell us
FROM ADVISE ONLY, PERSONAL FINANCE BLOG FOR INVESTORS AND SAVERS - US shares are among the most popular investment ideas this year - Yet the preliminary estimate of GDP has disappointed expectations - The financial climate remains…
Legg Mason poll: Italians still fans of bonds but ready to invest in alternatives
The survey was conducted between December and January on over 4 international investors with over 200 dollars of assets to invest - Global investors cautiously optimistic about immediate prospects - Only 25% of Italians consider domestic stocks…
Tamburi Investment Partners approves the financial statements and the buyback and distributes the dividend
The shareholders' meeting of Tamburi Investment Partners SpA approved the financial statements at 31 December 2013 - It authorized the distribution of a dividend of 0,083 euro per share - It also decided to purchase treasury shares and…
Banco Popolare today begins the merger of shares and sells the bad bank
The merger of Banco Popolare shares kicks off today: ten old ones for each new one, a move destined for the next 1,5 billion capital increase - Meanwhile, five US private equity operators have expressed interest in acquiring the majority of…
Stock Exchange, prospects for 2014
NATIXIS GLOBAL ASSET MANAGEMENT FORECAST - Select equity managers from Natixis Global Asset Management discuss opportunities, potential issues and trends in US, global and sustainable equity markets.
ADVISE ONLY – In 2013 the triumph of risk: ok Exchanges and high yield bonds
FROM THE ADVISE ONLY BLOG - It cannot be said that 2013 was a year devoid of emotions: this year too investors had to deal with numerous risk factors - But the risk paid off:…
ADVISE ONLY: invest in European and US stocks today, here's how to orient yourself
FROM THE ADVISE ONLY BLOG - The stock market has changed: up until a year ago prices were so low that any stock index, European or US, offered interesting opportunities - This opportunity simply isn't there anymore: here's how to orient yourself…
Pierrel: capital increase closed, subscriptions at 74,4%
The capital increase envisaged by Pierrel concluded on 5 December with a subscription of 74,4% - The share goes up on the stock market
Mps Foundation: no transfer of shares
The MPS Foundation declares that "to date it has not initiated any sale of MPS ordinary shares and as of today owns 33,5% of Monte". This is the answer to the rumors in the press regarding the heavy losses recorded by…
Zucchi announces a capital increase of up to 20,5 million euros and the stock leaps
Zucchi's capital increase of up to 20,5 million euros will start on November 25th and will end on December 12th. The company announced it after having received the authorization from Consob. The stock buys more than 9 points on the stock market…
ADVISE ONLY – Stability Law: what changes for Italian stocks and bonds
FROM THE ADVISE ONLY BLOG - The opinion on the bond and equity market for Italy will not change in the light of the approval of the Stability Law - The Government, in addition to respecting the European budget constraints, must convince…