La Suisse, premier de la classe, si parfait et que l’on jalouse par définition, semble enfin trébucher. Mais la préservation des avantages doit rester une priorité et ne pas pénaliser la compétitivité du pays, de nouveau en tête du classement de l’IMD La chronique de Alfredo Piacentini, Managing Partner de DECALIA.
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, […]
Depuis 1945, l’ordre mondial reposait largement sur le droit international, la coopération multilatérale et la dissuasion indirecte assurée par quelques grandes puissances. La conquête territoriale par la force semblait avoir été reléguée au passé et la fin de la guerre froide avait encore davantage nourri l’illusion d’une paix durable. Le paradigme s’est donc inversé. Le […]
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 lance Aegis Defense, la version UCITS de sa stratégie actions mondiale dédiée à la Défense depuis 2024 DECALIA annonce le lancement de DECALIA Aegis Defense, un fonds UCITS actions mondiales géré activement, offrant aux investisseurs une exposition ciblée à l’un des thèmes d’investissement structurels les plus puissants de la décennie : la défense en […]
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 […]
Malgré les récents efforts du gouvernement pour le relancer, le marché immobilier américain souffre de tendances macroéconomiques persistantes, telles que le vieillissement rapide du parc et la pénurie chronique de nouvelles constructions. Le secteur de la distribution de produits de construction mérite toutefois l’intérêt des investisseurs : fort d’une croissance annuelle composée de 7% depuis […]
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 […]
