Azimut Genesis Advisors

Since May, Sanctuary Wealth and tru Independence have united, creating a combined force with over 120 firms and $42 billion in assets. Our focus is on leveraging our shared strengths. The acquisition has allowed us to improve experiences for both advisors and clients. We’re enhancing business development and advisor recruiting, offering unique choices for affiliation. Our combined strengths—Sanctuary’s scale and tru’s expertise—are already driving positive results. We’re excited about the future and the value we’ll bring together! Read more here: https://lnkd.in/eanZyw5D #WealthManagement #FinancialServices #SanctuaryWealth #truIndependence

Azimut Holding’s Board of Directors approved today the consolidated results as of 30 June 2024 Pietro Giuliani, Chairman of the Group, points out: “With today’s half-year report, in the final year of the industrial plan in which we announced five years ago that we would increase our net profit by € 50 million per year, we are on track to exceed the target of € 500 million in net profit (from the € 250 million from which we started five years ago). Read the full press release: https://lnkd.in/dGBv76Mv

THE PATH IS SET This is the title of the new issue of #AzimutGlobalView, the summary document of the investment views of our Global Team that work in synergy and integration with the distribution network. 🔹 The latest batch of U.S. macroeconomic data confirms that the economy is moderately cooling, strengthening the expectation of a soft landing 🔹These developments are paving the way for a rate cut by the Fed in September, which is expected to be announced this week and is already fully priced in by the market 🔹 Equity markets have experienced a healthy rotation, with growth stocks consolidating after a strong rally. This week's earnings reports by 4 of the Magnificent 7 could trigger a resumption of the bullish trend Find out more: https://lnkd.in/gb4MTC9 #Azimut #AzimutGlobalView #AzimutGlobalTeam

🌎 With the Treaty of Tordesillas in the late 1400s, the Portuguese Empire became the first global empire in history, possessing the western half of the "New World," including Brazil, Africa, and Asia. Portugal is a nation rich in traditions and history, as it is the oldest country in Europe, having established its borders as early as 1139 when Afonso Henriques became king. Today, this historical legacy serves as a catalyst for the tourism industry, which, as Miss Market reminds us, is a fundamental pillar of the economy, attracting millions of visitors each year and significantly contributing to the GDP (about 20% in 2022) through revenues from accommodations, restaurants, transportation, and related activities. 🌱 Another central element of the country's economy is agriculture, with the production of wine, olive oil, citrus fruits, and vegetables, which contributes to job creation and the export of high-quality products. 🌃 The real estate sector is also becoming increasingly attractive to foreign investors, especially in the Porto area and the northern region. ✈️ Continue to follow Miss Market's journey through the countries where the Azimut Group is present!

TOWARDS A SEPTEMBER CUT This is the title of the new issue of #AzimutGlobalView, the summary document of the investment views of our Global Team that work in synergy and integration with the distribution network. 🔹The latest macroeconomic data confirmed that the US labor market is softening, albeit it still remains quite robust 🔹 U.S. inflation data came in below expectation for the second month in a row, bolstering hopes that rates might be cut already in September 🔹 Should this scenario materialize, the short ends and the belly of the curves are the segments to be preferred, while caution is still needed on the long ends Find out more: https://lnkd.in/gb4MTC9 #Azimut #AzimutGlobalView #AzimutGlobalTeam

FRENCH ELECTION This is the title of the new issue of #AzimutGlobalView, the summary document of the investment views of our Global Team that work in synergy and integration with the distribution network. 🔹 The far right and far left parties are the two clear winners of the first round of elections in France, winning about 60% of the votes with a record turnout 🔹 Although projections suggest that the Rassemblement National will fall short of a majority, surprises cannot be ruled out in the second round, especially in constituencies where the runoff will be between far-right and far-left candidates only 🔹 Financial markets reacted positively, believing that with a hung parliament, major reforms or fiscal slippages would not be possible #Azimut #AzimutGlobalView #AzimutGlobalTeam

The new issue of #AzimutGlobalView, the document that summarises the investment views of our Global Management Team working in an integrated and synergetic manner with the distribution teams, is now available. In this issue, entitled 'Europe under Stress', we take an in-depth look at: 🔸 The EU elections did not result in a significant change in the composition of the Parliament. However, Macron's decision to call snap elections rattled markets. 🔸 Market fears, however, are seen as exaggerated, considering that the only concrete risk at the moment could be a further fiscal slippage in France. 🔸 In the US, payroll numbers continue to seem overstated, while the Fed proved more hawkish than expected, reducing the number of cuts projected for 2024 to just one. Discover more: https://lnkd.in/gb4MTC9 #AzimutGlobalView #AzimutGlobalTeam

🚩 The United Arab Emirates rise on a peninsula near the Persian Gulf and the Gulf of Oman. Their history dates back to well before the 7th century and intertwined with the Ottoman Empire starting from the 1500s. This distant past is followed by a prosperous present that began with the discovery of black gold. Today, the United Arab Emirates consists of seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. 🚪 Dubai, a crossroads between Europe, Asia, and Africa, originated in the early 1800s as a fishing village but quickly began to grow so rapidly that a standard address system was never developed until 2015, when buildings were identified with Makani numbers. 🌃 The remarkable economic growth of recent decades has been driven mainly by the real estate, tourism, trade, and finance sectors. The government has adopted proactive policies to promote foreign investment and economic diversification, making the city one of the region's leading economic hubs. ▶️ As Miss Market reminds us, the city exudes an international aroma, further fueled by the Expo 2020 project that has revolutionized the atmosphere of Dubai..

TOWARD THE FIRST CUT This is the title of the new issue of #AzimutGlobalView, the summary document of the investment views of our Global Team that work in synergy and integration with the distribution network. 🔹 The ECB is expected to cut rates at this week's meeting, but for the moment it will likely be only a one-off move and not the start of a rate-cutting cycle 🔹 No move is expected from the Fed next week, but considering the U.S. central bank's renewed focus also on the job market, it is crucial to monitor how it evolves  🔹 Indeed, although the U.S. labor market is still strong, we are beginning to see some signs of weakening Visit the website to know more: https://lnkd.in/gb4MTC9 #Azimut #AzimutGlobalView #AzimutGlobalTeam

🌙 With an area of over 9.5 million km², China is the fourth largest country in the world. It is so vast that before the civil war in 1949, it had five time zones. It was with the rise to power of the Communist Party that China adopted a single time zone, Beijing time. As a result, in the westernmost regions, the sun does not rise before 10 a.m. today. 📈 A geographical expanse where two landscapes coexist: the western region characterized by mountains and deserts, and the eastern region, home to 94% of the Chinese population and the location of the major cities. These cities are the nerve centers of China's economy, among the largest and most advanced in the world technologically, aiming for global leadership in artificial intelligence by 2030. 📌 As Miss Market reminds us, investing in markets such as China can potentially help diversify a portfolio, reducing the risk associated with concentrating in a single country or region. #diversification #finance #China #Azimut