Clean Alpha | Watts it worth: Wired for Growth in the Data Era
A single query on ChatGPT can consume up to 10 times the energy of a traditional search, highlighting the urgent need to address infrastructural and environmental challenges.Datacentres currently account for around 2% of global energy demand, with estimates pointing to further growth. Key issues to be addressed include shortages in the electricity grid, physical space and adequate cooling systems. From energy producers to advanced technology providers: what and where are the investment opportunities in this context?In the new episode of the Algebris podcast, Simone Ragazzi (Global Equity Portfolio Manager), Iacopo Esposito and Antonio Focella (Analysts) from the global equity team explore the topic of datacentres and their growing energy impact, driven by the development of artificial intelligence, interviewed by Douglas Branson (Head of Business Development UK).
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Three weeks around the world in five minutes
The United States is facing growing uncertainty due to rising tariffs and a projected $10 trillion in debt issuance, which is pressuring markets and weakening confidence in the dollar. Investors are increasingly hedging as they doubt the administration’s commitment to stable, growth-oriented policies. In contrast, Europe is experiencing a revival, led by Germany's industrial policy shift that is attracting capital, with financials offering compelling value and strong dividends. China is also emerging as an undervalued opportunity, signaling renewed support for the private sector and presenting a strong investment case compared to the U.S. Overvaluation of the dollar and massive Treasury issuance are driving diversification into euros and yen, with a favorable macro backdrop for financial equities and credit.Listen to Davide Serra (Founder and CEO, Algebris Investments) in his latest analysis.
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Tariffs Day (Davide Serra)
On 2 April, Trump announced a new set of “reciprocal” tariffs to strengthen the US economy, signalling a significant shift in global economic policy. What happens now?Davide Serra, Founder and CEO of Algebris Investments, explains what tariffs really mean for investors around the world and what to expect from the Fed and the markets in the upcoming months.
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The Algebris Bullet | The Myth of Exceptionalism
The Trump 2 administration has shifted the focus from Wall Street to Main Street, with active tax policies and tariffs to protect domestic industry, while increasing uncertainty and risks. Markets are in correction territory and growth is showing signs of slowing, with data calling for caution and increasing uncertainty. Markets have reacted with the underperformance of US equity and reallocation towards Europe and China. In fixed income, government remains volatile, while credit still offers opportunities, with a selective approach. This and more in the latest Algebris podcast with Gabriele Foà (Global Credit Portfolio Manager) and Douglas Branson (Head of Business Development UK). The episode was recorded on 27 March 2025.
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Clean Alpha | Appetite for destruction
With obesity rates soaring and GLP-1 weight-loss drugs revolutionising the pharmaceutical space, what does this mean for investors? How are traditional food companies adapting to a world where consumers are prioritizing health over convenience?Silvia Merler (Head of ESG & Policy Research), Simone Ragazzi (Global Equity Portfolio Manager), and Iacopo Esposito (Analyst) join us to break down the key insights from the latest Clean Alpha note, Appetite for Destruction, and explore where the biggest opportunities and risks—lie in this evolving landscape.
From current affairs to economy and policy matters – listen to the latest insights from the voices of our experts. The Algebris Podcast. Thinking differently, acting aware.Please read the disclaimer here https://www.algebris.com/podcast-disclaimer/
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