After a turbulent start to the week for the equity market, CNBC’s Closing Bell Overtime interviewed Peter Cecchini, the director of research at Axonic Capital, live on Thursday, December 7, to provide insights into why he believes market volatility will continue into 2024, hinting at the possibility of a looming recession. “As approximately thirty-three out […]
Magdy El Mihdawy
Mr. Mihdawy joined Axonic in 2023 and is responsible for working with the investment team to formulate the macroeconomic outlook and manage risk mitigation. Prior to Axonic, he worked at Cantor Fitzgerald as a Senior Strategist and Derivatives trader focused on macro and cross-asset volatility fundamentals. Mr. El Mihdawy received a BA in Economics from Columbia University.
After weathering market lows in October, investors may have at least one reason to be grateful this holiday season as the potential conclusion of the Federal Reserve’s aggressive rate hike campaign ushered in a strong rally throughout November. CNBC’s Closing Bell interviewed Peter Cecchini, director of research at Axonic Capital, LIVE on Wednesday, November 29, to shed […]
MuturalFundWire.com recently announced that Axonic has emerged as the leader in attracting inflows into smaller firms for October 2023, according to Morningstar Direct data on 2023 mutual fund and ETF flows, which excluded money market funds and fund of funds. Morningstar’s analysis focused on 497 firms that have fewer than ten long-term mutual funds and ETFs. […]
Grant Street Funding has raised another $500 million through a variable-note transaction, a type of commercial mortgage securitization that issues notes before the collateral loans are originated. The private placement, which will be used to finance five-year, fixed-rate loans, closed on Oct. 31 (GSF 2023-1). Deutsche Bank ran the books on the deal, and Fitch […]
Axonic Capital’s Peter Cecchini recently discussed the economic landscape on Bloomberg TV alongside Stephanie Roth of Wolf Research. Roth predicted a sustained inflation slowdown, anticipating a 2.5% rate in mid-2024, leading to a Fed rate cut in Q3. Cecchini agreed on inflation but focused on the shift from inflation to growth. He expressed concerns […]