Algebris gains RBS’s Alberto Gallo for credit push

Alberto GalloAlberto Gallo, former macro credit strategist for Royal Bank of Scotland (RBS), joins UK fund manager Algebris Investments to work with the firm’s founder on expanding global credit. Gallo becomes head of global macro strategies and will help with the creation of a fund designed to profit from negative interest rates and central bank stimulus measures. Davide Serra, the firm’s founder, said Gallo will be involved in the development of new investment strategies to widen the firm’s scope, which had previously focused on financial equities and corporate bonds. At RBS, Gallo set up and ran the bank’s global macro credit research division. Prior, he served as global credit strategist at Goldman Sachs and managed the global credit derivatives strategy team at the now defunct Bear Stearns. Gallo’s biography says he foresaw the 2008 financial crisis, the 2010 Eurozone crisis, and current economic slowdown in China. Algebris manages assets of around €2 billion. ©2016 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.