Alessandro Magnoli Bocchi

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Alessandro Magnoli Bocchi specialises in macroeconomic and risk analysis and asset allocation. He is the founder and CEO of Foresight Advisors as well as economic adviser to Burgan Bank, in Kuwait. Over the past 25 years, he has been working in the field of economic analysis, business management and international investments in Europe, the US, Asia, the Middle East, Latin America, and Africa. Prior to creating Foresight Advisors, Dr. Magnoli Bocchi was Chief Economist and member of the management team and Investment Committee at the Kuwait China Investment Company (KCIC). 


Before joining KCIC in 2008, he was senior economist with the World Bank, where he was recruited through the Young Professionals Program in 2000. Previously, he held the positions of Research Associate at Harvard University and Economist at the Inter-American Development Bank. He is Qualified Chartered Accountant, Fiscal and Business consultant under Italian jurisdiction and has published numerous articles and books. He holds a Ph.D. in Management Sciences from ESADE; an MBA/MIM from CEMS (Bocconi/ESADE); and a BA in Business Administration from Bocconi University.   

Recent Research Papers

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

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By Alessandro Magnoli Bocchi, Brunello Rosa and Nouriel Roubini

26 March 2020

COVID-19 Leads To A Global Recession With Severe Bear Market and Debt Crises

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

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By Nouriel Roubini, Alessandro Magnoli Bocchi and Brunello Rosa

17 March 2020

Argentina: The Road Ahead For The Debt-Restructuring Negotiations

Outlook Update - PART 3: COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight

Argentina: The Road Ahead For The Debt-Restructuring Negotiations

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 By Nouriel Roubini and Alessandro Magnoli Bocchi

18 February 2020

Flash Preview: Fed to Remain on Hold in January

2020 GLOBAL OUTLOOK AND ASSET ALLOCATION - Despite The Improved Outlook, Beware of The Cracks

Argentina: The Road Ahead For The Debt-Restructuring Negotiations

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By Nouriel Roubini, Brunello Rosa and Alessandro Magnoli Bocchi

27 January 2020

Flash Preview: BoE To Remain On Hold (But With The High Risk Of a Cut) In January

2020 GLOBAL OUTLOOK AND ASSET ALLOCATION - Despite The Improved Outlook, Beware of The Cracks

2020 GLOBAL OUTLOOK AND ASSET ALLOCATION - Despite The Improved Outlook, Beware of The Cracks

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by Brunello Rosa, Nouriel Roubini and Alessandro Magnoli Bocchi

24 January 2020

2020 GLOBAL OUTLOOK AND ASSET ALLOCATION - Despite The Improved Outlook, Beware of The Cracks

2020 GLOBAL OUTLOOK AND ASSET ALLOCATION - Despite The Improved Outlook, Beware of The Cracks

2020 GLOBAL OUTLOOK AND ASSET ALLOCATION - Despite The Improved Outlook, Beware of The Cracks

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by Nouriel Roubini, Brunello Rosa and 

Alessandro Magnoli Bocchi 


16 December 2019

MARKET VIEWS - Six ‘Grey Swan’ Events Could Hit The Global Economy And Markets In 2020

MARKET VIEWS - Six ‘Grey Swan’ Events Could Hit The Global Economy And Markets In 2020

MARKET VIEWS - Six ‘Grey Swan’ Events Could Hit The Global Economy And Markets In 2020

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by Alessandro Magnoli Bocchi, Fawaz Sulaiman Al Mughrabi and Farah Aladsani 

28 November 2019

JULY - OCTOBER 2019

Oil Outlook In 2020-21: In Absence Of Supply Shocks, Faltering Global Demand Will Dampen Oil Prices

Oil Outlook In 2020-21: In Absence Of Supply Shocks, Faltering Global Demand Will Dampen Oil Prices

Oil Outlook In 2020-21: In Absence Of Supply Shocks, Faltering Global Demand Will Dampen Oil Prices

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By Alessandro Magnoli Bocchi, Fawaz Al Mughrabi and Farah Aladsani

23 October 2019

Q4-19 ASSET ALLOCATION Focusing On Capital Preservation, Limiting The Risk-Taking To Fixed-Income

Oil Outlook In 2020-21: In Absence Of Supply Shocks, Faltering Global Demand Will Dampen Oil Prices

Oil Outlook In 2020-21: In Absence Of Supply Shocks, Faltering Global Demand Will Dampen Oil Prices

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by A. Magnoli Bocchi, F. Al Mughrabi and F. Aladsani

1 October 2019 

POLICY COMPASS: An Investor Guide to Navigate Argentina's Debt Restructuring

Oil Outlook In 2020-21: In Absence Of Supply Shocks, Faltering Global Demand Will Dampen Oil Prices

TRAVEL NOTES - TURKEY: In A Crisis-Prone Environment, There Are Signs Of Normalization

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by Nouriel Roubini and Alessandro Magnoli Bocchi 

23 September 2019

TRAVEL NOTES - TURKEY: In A Crisis-Prone Environment, There Are Signs Of Normalization

A Theory For The Impact Of Trade Tensions, Easier Monetary Policy & FinTech On Small Open Economies

TRAVEL NOTES - TURKEY: In A Crisis-Prone Environment, There Are Signs Of Normalization

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by Alessandro Magnoli Bocchi  and Farah Aladsani

29 August 2019

A Theory For The Impact Of Trade Tensions, Easier Monetary Policy & FinTech On Small Open Economies

A Theory For The Impact Of Trade Tensions, Easier Monetary Policy & FinTech On Small Open Economies

A Theory For The Impact Of Trade Tensions, Easier Monetary Policy & FinTech On Small Open Economies

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by Alessandro Magnoli Bocchi  Farah Aladsani Fawaz Sulaiman Al Mughrabi

24 July 2019

Exploiting The Tactical Risk-On In The Liquid Space, While Keeping Focus On Capital Preservation

A Theory For The Impact Of Trade Tensions, Easier Monetary Policy & FinTech On Small Open Economies

A Theory For The Impact Of Trade Tensions, Easier Monetary Policy & FinTech On Small Open Economies

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by  Alessandro Magnoli Bocchi, Fawaz Al Mughrabi and Farah Aladsani 

1 July 2019

FEBRUARY - JUNE 2019

MARKET VIEWS - Fasten Your Seatbelts: Financial Markets’ Review and Outlook

MARKET VIEWS - Lebanon: An ‘Unstable Equilibrium’ Supported By Capital Inflows

MARKET VIEWS - Fasten Your Seatbelts: Financial Markets’ Review and Outlook

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by Alessandro Magnoli Bocchi, Farah Aladsani and Fawaz Sulaiman Al Mughrabi

14 June 2019

Macro Picture - Argentina: Elections To Test The Austerity Measures

MARKET VIEWS - Lebanon: An ‘Unstable Equilibrium’ Supported By Capital Inflows

MARKET VIEWS - Fasten Your Seatbelts: Financial Markets’ Review and Outlook

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by Alessandro Magnoli Bocchi, Farah Aladsani, Fawaz Sulaiman Al Mughrabi and Lapo Fioretti 

5 June 2019

MARKET VIEWS - Lebanon: An ‘Unstable Equilibrium’ Supported By Capital Inflows

MARKET VIEWS - Lebanon: An ‘Unstable Equilibrium’ Supported By Capital Inflows

MARKET VIEWS - Lebanon: An ‘Unstable Equilibrium’ Supported By Capital Inflows

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by Alessandro Magnoli, Farah Aladsani, Fawaz Sulaiman Al Mughrabi


14 May 2019

MACRO PICTURE - Brazil: The Pension Reform Is The Crucial Test For Bolsonaro

STRATEGIC ASSET ALLOCATION: Defensive Risk Profile, Focus On Capital Preservation

MARKET VIEWS - Lebanon: An ‘Unstable Equilibrium’ Supported By Capital Inflows

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by Alessandro Magnoli Bocchi 

and Farah Aladsani

24 April 2019

STRATEGIC ASSET ALLOCATION: Defensive Risk Profile, Focus On Capital Preservation

STRATEGIC ASSET ALLOCATION: Defensive Risk Profile, Focus On Capital Preservation

STRATEGIC ASSET ALLOCATION: Defensive Risk Profile, Focus On Capital Preservation

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by Alessandro Magnoli Bocchi


29 March 2019

MARKET VIEWS: A “Fed Collar” Is Likely To Support The Markets In H1-2019

STRATEGIC ASSET ALLOCATION: Defensive Risk Profile, Focus On Capital Preservation

STRATEGIC ASSET ALLOCATION: Defensive Risk Profile, Focus On Capital Preservation

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by Alessandro Magnoli Bocchi


27 February 2019

September 2018 - January 2019

MONETARY AFFAIRS - The Future of Banking: Small is the New Big

2019 Global Outlook & Strategic Asset Allocation: Skating on Thinner Ice

MACRO PICTURE - Turkey: Economic Stabilization After The March Local Elections

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by Alessandro Magnoli Bocchi 

and Mert Yildiz

24 January 2019

MACRO PICTURE - Turkey: Economic Stabilization After The March Local Elections

2019 Global Outlook & Strategic Asset Allocation: Skating on Thinner Ice

MACRO PICTURE - Turkey: Economic Stabilization After The March Local Elections

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by Alessandro Magnoli Bocchi


11 January 2019

2019 Global Outlook & Strategic Asset Allocation: Skating on Thinner Ice

2019 Global Outlook & Strategic Asset Allocation: Skating on Thinner Ice

2019 Global Outlook & Strategic Asset Allocation: Skating on Thinner Ice

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by Nouriel Roubini, Brunello Rosa 

and Alessandro Magnoli Bocchi

18 December 2018

Oil Outlook 2019-20: Oil Prices’ Gradual Decline To Support Global Growth

EMs Under Pressure: The Divergence Between The U.S. And Other Countries Is Still Inc

2019 Global Outlook & Strategic Asset Allocation: Skating on Thinner Ice

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By Alessandro Magnoli Bocchi 

and Francisco Quintana


26 November 2018

MARKET VIEWS: Hedging The Risk of A Potential Emerging Markets Crisis

EMs Under Pressure: The Divergence Between The U.S. And Other Countries Is Still Inc

EMs Under Pressure: The Divergence Between The U.S. And Other Countries Is Still Inc

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by Alessandro Magnoli Bocchi, 

Pablo Gallego Cuervo, 

Francisco Quintana

2 November 2018

EMs Under Pressure: The Divergence Between The U.S. And Other Countries Is Still Inc

EMs Under Pressure: The Divergence Between The U.S. And Other Countries Is Still Inc

EMs Under Pressure: The Divergence Between The U.S. And Other Countries Is Still Inc

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STRATEGIC ASSET ALLOCATION  And MARKET UPDATE  by Alessandro Magnoli Bocchi and Francisco Quintana

27 September 2018 

June - August 2018

DISRUPTIVE IDEAS Hedging Against A Euro Break-Up

Emerging Markets Outlook: Rising Risks, Fragility Ahead

DISRUPTIVE IDEAS Hedging Against A Euro Break-Up

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by Alessandro Magnoli, Brunello Rosa, Pablo Gallego and Damiano Terziotti


30 August 2018

Turkish Lira Tumbles, Contagion Risks Rise

Emerging Markets Outlook: Rising Risks, Fragility Ahead

DISRUPTIVE IDEAS Hedging Against A Euro Break-Up

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by Alessandro Magnoli Bocchi, Francisco Quintana and Pablo Gallego Cuervo

13 August 2018

Emerging Markets Outlook: Rising Risks, Fragility Ahead

Emerging Markets Outlook: Rising Risks, Fragility Ahead

IRAQ: Protests Will Be Contained, But Risk Of Further Unrest Remains

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by Alessandro Magnoli Bocchi 

and Francisco Quintana


24 July 2018 

IRAQ: Protests Will Be Contained, But Risk Of Further Unrest Remains

TURKEY: Volatility Until the Elections, Slow Normalization Thereafter

IRAQ: Protests Will Be Contained, But Risk Of Further Unrest Remains

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by A. Magnoli Bocchi, Pablo Gallego and Francisco Quintana

18 July 2018

Rising Risks in Emerging Markets From Decline in Global Liquidity

TURKEY: Volatility Until the Elections, Slow Normalization Thereafter

TURKEY: Volatility Until the Elections, Slow Normalization Thereafter

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By Alessandro Magnoli Bocchi and Francisco Quintana

26 June 2018

TURKEY: Volatility Until the Elections, Slow Normalization Thereafter

TURKEY: Volatility Until the Elections, Slow Normalization Thereafter

TURKEY: Volatility Until the Elections, Slow Normalization Thereafter

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by Alessandro Magnoli Bocchi and Pablo Gallego Cuervo

1 June 2018

December 2017 - May 2018

Oil Prices in 2018-20: Unlikely To Hamper Global Growth Likely To Support Oil-Related Assets

Oil Prices in 2018-20: Unlikely To Hamper Global Growth Likely To Support Oil-Related Assets

Oil Prices in 2018-20: Unlikely To Hamper Global Growth Likely To Support Oil-Related Assets

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By Alessandro Magnoli Bocchi, Francisco Quintana

3 May 2018

Asset Allocation Update: Cautious Risk Exposure With Defensive Positioning

Oil Prices in 2018-20: Unlikely To Hamper Global Growth Likely To Support Oil-Related Assets

Oil Prices in 2018-20: Unlikely To Hamper Global Growth Likely To Support Oil-Related Assets

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by Alessandro Magnoli Bocchi

and Francisco Quintana

29 March 2018

Monetary Policy in the Medium-Term: Tighter Stance, Expanded Toolkit

Oil Prices in 2018-20: Unlikely To Hamper Global Growth Likely To Support Oil-Related Assets

Turkey’s Attacks In Afrin Will Be Small-Scale And Unlikely To Move Markets

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by Alessandro Magnoli Bocchi 

and Francisco Quintana

23 February 2018

Turkey’s Attacks In Afrin Will Be Small-Scale And Unlikely To Move Markets

Strategic Asset Allocation 2018: Moderate Risk-Taking Within A Defensive Positioning

Turkey’s Attacks In Afrin Will Be Small-Scale And Unlikely To Move Markets

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By Alessandro Magnoli Bocchi and Pablo Gallego Cuervo


22 January 2018

Strategic Asset Allocation 2018: Moderate Risk-Taking Within A Defensive Positioning

Strategic Asset Allocation 2018: Moderate Risk-Taking Within A Defensive Positioning

Strategic Asset Allocation 2018: Moderate Risk-Taking Within A Defensive Positioning

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By Alessandro Magnoli Bocchi



22 December 2017

MACRO PICTURE: Saudi Arabia: Rough Seas, But No Storm Ahead

Strategic Asset Allocation 2018: Moderate Risk-Taking Within A Defensive Positioning

Strategic Asset Allocation 2018: Moderate Risk-Taking Within A Defensive Positioning

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By Alessandro Magnoli Bocchi, Francisco Quintana, Pablo Gallego Cuervo

5 December 2017