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Bondholders Risk $2.6 Trillion Hit on Even a Modest Yield Rise
nz.news.yahoo.com
Oct 23, · “So many risk assets are expensive because of low real rates,” said Alberto Gallo, a portfolio manager at Algebris Investments. “As central banks attempt a normalization, this will change.” Duration has surged as governments and companies sold more long-term debt and as rates fell -- bond math dictates that lower-coupon debt increases ...
Guardian: Dow and FTSE hit record highs as global stock market surges continuewww.theguardian.com › business › jan › dow-and-ftse-hit-record-highs-as-...
Jan 4, · According to fund manager Alberto Gallo of Algebris Investments, investors could be guilty of “irrational complacency” ahead of a rocky ...
Alberto Gallo: The Pursuit of Happiness – Algebris Investments
www.algebris.com
Alberto joined Algebris in April as partner, assuming both research and portfolio management responsibilities for the Algebris Macro Credit fund, a global ...
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