Download PDF Introduction The COVID-19 crisis has proven to be especially challenging for the real estate sector. Retail, office spaces, and any other type of real estate that functioned on the premise of people getting together in one space has been squeezed tight by the grips of government regulations as Read more…
Download PDF Introduction Credit Default Swaps (CDSs) have had an interesting trajectory to say the least, starting out as a niche derivative, they rose to prominence after the Russian financial crisis of 1998, ballooning into a market worth an enormous $62.2 trillion in 2007. In 2008, this market promptly collapsed, Read more…
Download PDF An introduction to the airline industry and the ecosystem around it When assessing the state of the economy of a country, sometimes we overlook the importance that the airline industry plays in its smooth functioning. This is due to the fact that its contribution to GDP is only Read more…
Download PDF A primer on the Airport industry in Europe This second part on the air transport industry reaction to the COVID-19 pandemic (part one here) will focus on the infrastructure investment business revolving around airport ownership. Airports are a significant piece of infrastructure that enables air travel. As we Read more…
Download PDF V.F. Corporation – (VFC:BYSE) – market cap as of 20th November 2020: $33.1bn Supreme – privately owned company Introduction VF Corp., which owns brands including Dickies, The North Face, Vans, and Timberland, is buying Supreme, the streetwear fashion brand, directly from its founder James Jebbia and two private Read more…
Download PDF Introduction From iconic names such as Google, Facebook, Uber and Alibaba to biotech or renewable energy companies, venture capital has funded some of the most prominent companies in today’s economy. Yet, it has also been a center stage for some of the most spectacular crashes such as Read more…
Download PDF United States It looks as if the market read a recent Goldman Sachs report, which beckoned at the possibility of starting to “shift from the hope-driven economy to the growth-driven economy”. The Dow Jones Industrial Average fell 220 points (0.8%) to 29,263, the S&P 500 Index was down Read more…
Download PDF Introduction What is short selling? This is the fundamental question that needs precise defining before we proceed with our article, which unfortunately will not involve Margot Robbie in a bubble bath drinking 20-year-old Dom Pérignon. What it will present however are examples of applications of short selling as Read more…
Download PDF Inspire Brands – privately owned by Roark Capital Group Dunkin’ Brands Group (DNKN:NASDAQ) – market cap as of 13th November 2020: $8.7bn Introduction On the 30th of October 2020, Inspire Brands announced its commitment to acquire Dunkin’ Brands Group, one of the few franchising companies focused on coffee Read more…
Download PDF This article looks at the top trends impacting the semiconductor industry right now. 1. Moore’s law is hitting a brick wall Moore predicted that the number of transistors on a chip would double roughly every two years. This held true for several decades and became known as Moore’s Read more…
Download PDF US US stock market marks new record highs with the hopes rising for the soon vaccine development and investors’ look into the Biden’s victory on the US presidential elections. S&P500 closed at 3,585.15 with weekly gain of 2.16%. Dow-Jones Industrial Average Index (DJIA) was up 4.08% reaching 29,479.81. Read more…
Download PDF Introduction Banks finance themselves through a variety of different sources with different maturities and credit risk characteristics, for example through deposits, equity, short-term wholesale funding, long-term unsecured bonds, covered bonds, and asset-backed securities (ABSs). Hereunder a representation of the main long-term funding sources for a bank in their Read more…
Download PDF Tesco plc (LSE: TSCO) – market cap as of 13th November 2020: €22.00bn Charoen Pokphand Group Co. (Privately held) – estimated revenue in 2018: $63bn Introduction Early in 2020, Tesco solicited bids for its southeast Asian Operations. The British grocery chain was looking to simplify its business and Read more…
Download PDF In the COVID-19 induced chaos and disarray, numerous industries have been hit even harder than others. The energy sector in particular looks certain to undergo a severe, general transformation. Throughout this year the energy sector’s indexes in the US and Europe (S&P 500 energy and MSCI Europe energy) Read more…
Download PDF United States The US market certainly retains the main stage of financial attention, after the drop in the past few weeks that could have signalled investors’ fears ahead of the new election. However, this time around the equity markets saw a dramatic bull run, with the S&P 500 Read more…