Certains l’aiment chaud, d’autres noir et amer, blanc et croquant, ou nature et au lait. Mais une chose est sûre : Neuf personnes sur dix aiment le chocolat. La dixième ment toujours ! En effet, saviez-vous que la consommation mondiale de chocolat s’est montée à 29 millions de tonnes en 2024, soit 1,3 kg en moyenne par […]
Unlike classic corporate credit, tech lending requires specialist expertise. Opportunities are often complex, highly bespoke, and outside the reach of traditional banks. Investors typically access this segment through niche private credit managers (GPs) with deep sector knowledge, structuring skills, and active monitoring capabilities. Who are the key players ? These GPs are the gateways to the […]
Who would have thought it? After four matchdays, Cagliari Calcio is sitting in seventh place in Serie A following its 2-1 victory over Lecce at the weekend. It may not last, but it proves that smaller, less popular teams can spring surprises and outperform the big clubs that dominate the headlines. The same is true […]
Lorsqu’on lit un article sur le thème de la guerre, on tombe généralement sur une citation de Sun Tzu, Machiavel ou Clausewitz. Pourtant, rien ne semble aussi bien résumer la situation européenne actuelle que la boutade de Pierre Desproges : « Moi, je n’ai pas de cancer, je n’en aurai jamais, je suis contre. » Ecrit par […]
Gold just broke above $3’600 this morning, a new record high. In the same time, worries over government debt sustainability, geo-political instability, central bank’s independence and inflation are broadening out. For sure, the US holds the upper hand, not only because it’s the largest market accumulating all these flaws but also because the policies of […]
Unlocking Value in Private Markets In today’s private markets, asset-backed financing (ABF) has emerged as one of the most dynamic and compelling investment opportunities. By lending against tangible or contractual assets, investors can achieve attractive returns with strong downside protection, often in areas where traditional banks are absent. This differs substantially from a classic corporate […]
While Cagliari Calcio is already slowly sinking into the lower reaches of Serie A following its last minute 0-1 honorable defeat against Napoli this weekend, another negative trend is currently causing me much more concern as a bond portfolio manager. This is, of course, the deterioration in French public finances, highlighted by the political instability […]
Dans un contexte géopolitique mondial en pleine mutation, avec un focus accru sur la sécurisation des chaînes d’approvisionnement et le renforcement des capacités de défense, les terres rares gagnent en importance et suscitent l’intérêt des investisseurs. Que sont-elles exactement, pourquoi leur importance, sont-elles vraiment si rares et la domination de la Chine peut-elle être remise […]
And here we go again for a new Italian Serie A championship with my favorite team, Cagliari Calcio, which kicked off with a good performance and a 1-1 draw at home against Fiorentina last night. If the championship ended there, Cagliari would be safe from relegation – which would be more than enough to make […]
