Written by Alfredo Piacentini, Managing Partner of DECALIA Switzerland, so perfect and therefore envied by definition, finally seems to be stumbling. Yet preserving its advantages must remain a priority, without undermining the country’s competitiveness, now once again at the top of the IMD ranking. With its postcard landscapes, industrial and financial know-how, wealth creation, and […]
Nowadays, economists and investors spend considerable time tracking inflation, debating purchasing power, and worrying about affordability. These three concepts are deeply connected, frequently confused, and, much like football tactics, widely discussed with varying levels of genuine understanding. In the US, where economic data releases can move markets more reliably than Cagliari Calcio games generate excitement, […]
For years, betting on Japanese assets felt a bit like supporting Cagliari Calcio: admirable loyalty, questionable timing, and a long history of heartbreak. Perennially overshadowed by bigger, flashier rivals, both Cagliari and the Japan financial markets became symbols of battles few expected to win. The so-called “widow maker” trade (i.e. shorting Japanese bonds in anticipation […]
DECALIA lancia Aegis Defense, la versione UCITS della sua strategia azionaria globale dedicata al settore della difesa dal 2024 DECALIA annuncia il lancio di DECALIA Aegis Defense, un fondo UCITS azionario globale a gestione attiva che offre agli investitori un’esposizione mirata a uno dei temi d’investimento strutturali più potenti del decennio: la difesa come pilastro […]
While I have eventually proved wrong on prospects of gold in the short term (“gold’s rise could very well continue—albeit at a less frenetic pace—in the coming months”), I was right -but perhaps too conservative– concerning Cagliari Calcio as it thrashed Verona 4-0 on Saturday -with some spectacular and beautiful goals, and now sits 11 […]
Nonostante gli sforzi dell’attuale amministrazione, il mercato immobiliare statunitense sta attraversando una fase di stagnazione dovuta a trend macroeconomici persistenti, come il rapido invecchiamento degli alloggi e l’insufficienza cronica di nuove costruzioni. Il segmento della distribuzione di prodotti per l’edilizia, tuttavia, suscita l’interesse degli investitori: dopo la crescita annua composta del 7% degli ultimi 5 […]
Right now, there are two things that are shining brightly, continuing to climb to new heights, leaving us wondering how far they can go: gold, of course, which has just experienced its strongest weekly increase (+8.5%) since 2008, reaching a new record high of over $5,000 an ounce… and Cagliari Calcio, which has just secured […]
Secondaries are often misunderstood. A common misconception is that secondaries mean distressed assets.In reality, most opportunities stem from liquidity needs and portfolio management decisions, not from asset quality issues. In this edition of our Private Markets Series, DECALIA breaks down: • LP-driven liquidity needs• GP-led processes and fund lifecycle dynamics• and why secondaries offer access […]
It is not only on the geopolitical front, with Iran, Venezuela or Greenland issues; or in the US domestic political arena with Trump’s incessant statements, threats and gyrations on Fed’s independence -among many others-; or on the US stock market, with the uninterrupted YTD outperformance of small caps and the underperformance of the Mag7, that […]
