Italy's announcement of a tentative budget deficit goal of 2.4% of GDP over 2019-2021 could compound the country's existing debt sustainability challenges. This represents a significant risk to Italy's A-/Negative Outlook ratings.

InfraVia announces the completion of the acquisition of Mater Private hospital group on 31st July 2018 following receipt of the necessary regulatory approvals. Mater Private is the first investment of InfraVia's fourth infrastructure fund.

While hedge fund performance and alpha were honorable until the summer, our analysis suggests that they erased about 2.5% of alpha since June, with no turn in sight yet in September.

Unigestion, the boutique asset manager with the scale to deliver tailor-made investment solutions to clients globally, has further strengthened its cross-asset solutions team with the recent appointments of Salman Baig and Joshua Seager as investment managers.

The Euronext CDP Environment France EW index will be exclusively licensed to Goldman Sachs, who will use the index as the underlying for structured products for sale in the interbank market in France.