This is the title that Milano Finanza gave to a recent interview with Massimo Trabattoni, Italian Equity Manager at Kairos. “This is a good time for markets, especially in Italy: macroeconomic indicators show signs of recovery and growth forecasts have been revised upwards, so we are seeing rising interest even from foreign investors,” he said.
Healthy optimism for Alessandro Fugnoli, strategist at Kairos, who comments on the situation on the markets in recent days to Milano Finanza.
Chinese instability Chinese, slowed European economy, generous assessments for the American Stock Exchange, poor global growth: these are the protagonists of the scenario in which the market correction is to be considered natural. It opens the curtain for new investment opportunities, to be evaluated with due caution.
After stops in Milan and Rome, on June 9, the “Scenari e proposte di investimento” conference travelled to Turin, where it was held in a sophisticated lounge setting.
The event was hosted by Paolo Olivieri, Head of Kairos Advisory Services and the Turin offices, pleased to have brought the Kairos conference to the city he calls home.
Rising from number 12 to number 9, Kairos joins Italy’s top 10 asset management companies ranked by net funding in April.
Indeed, Assogestioni recently published a map of the asset management industry for April, a monthly report summarising market performance in Italy.
Asset management products are enjoying a particularly successful period, as not only the big names in the sector contribute to performance.
Upon his return from a trip to the United States, Michele Gesualdi, Kairos manager and partner, shares his notes from thought-provoking discussions with a handful of American managers. While the general feeling is that economic stability and high valuations are stuck in a tug of war, from a structural standpoint, the economy gets a good bill of health, with growth realistically forecast at around 2% for the next quarter.
A quick glance at equities and credit
An opportunity to talk about the Kairos group and tell its story and achievements.
The prize-giving of Kairos Pegasus* at the Euro Hedge Awards 2014, ceremony reserved for the best funds in the European hedge industry, held in London in January, offered the opportunity to open the curtain on Kairos.
After the event in Milan, Kairos chose Rome as the venue of a convention entitled “Scenarios and Proposals for Investments”, held in the capital of Italy on 14 April: an opportunity to take stock of its 15-year history together with its Rome-based customers.
Paolo Basilico, President and CEO of the Group, who acted as host of the event, opened his address recalling Kairos’s philosophy: strong focus on portfolio returns through a management approach mindful of risks and volatility.