Download PDF Introduction In 2022, the number of IPOs has plummeted to lows comparable to post-financial crisis levels after the highs of 2021 with individual deal values falling due to lower valuations. In September, the number of US IPOs was a mere 20% of the ones in the same period Read more…
Download PDF Introduction On April 14th, it was announced that Italy’s known Benetton family and US investment fund Blackstone made a buyout offer for Atlantia, valuing the company at €54.3bn. What could be the second biggest deal of the year globally, only behind Activision Blizzard acquisition by Microsoft ($69bn), would Read more…
Download PDF USA Major US indexes advanced this week, extending large gains achieved during the previous 5-day session, with the S&P 500 now back at a level last seen on February 10. The VIX continued pointing lower due to this positive trend, closing the week at just above 20. Investors Read more…
Download PDF USA US main indexes ended another week in red territory, with the S&P 500 down 1.27% and the NASDAQ Composite losing more than double this figure. The worst performers mainly pertain to the financial, technology and communication services sectors. The energy industry shined instead, yielding huge gains thanks Read more…
Download PDF USA This Monday was Presidents day in the United States, therefore markets only opened on Tuesday for what would turn out to be an eventful week. In general all major US indices are up with health and communication services leading the pack and consumer discretionary underperforming. The S&P Read more…
Download PDF Recently, there has been a slew of deals in the commercial real estate sector, with Blackstone being the most notable player. However, before analysing the reasoning behind these developments it is necessary to first understand the workings of the real estate private equity industry in its current form. Read more…
Download PDF Healthcare. The healthcare sector has gained increasing importance over the last few years, because of the impact that the covid outbreak had on everyone’s life. The healthcare industry is one of the world’s largest and fastest-growing industries, ranking as the fifth-largest sector in the world economy, accounting for Read more…
Download PDF USA Equities markets dropped for a second consecutive week following continued angst of a Russian invasion of Ukraine. Shelling in the border region prompted fears that Russia was fishing for a pretext for war and was exacerbated by U.S. President Joe Biden’s remarks that he is convinced that Read more…
Download PDF USA This week, the selloff in US equities, especially growth stocks continued. The most decisive event this week was the publication of inflation numbers this Thursday, which swung all indices but the S&P 500 Value Index into red territory after having started out the week with slight gains. Read more…
Download PDF USA The US main index dropped sharply on Friday, after the Thanksgiving session, following a new Covid variant thread found in South Africa. “This variant has a large number of mutations, some of which are concerning,” the WHO said on Friday. The new variant is still under examination, Read more…
Download PDF USA A mixed performance in equities this week, as the inflation debate continues to bemuse investors. Indications of continued strong economic growth, such as the 1.7% monthly increase in retail sales, prompted the superior performance of consumer discretionary firms’ shares. The sector, which rose by 3.81% this week, Read more…
Download PDF USA The US stock rally came to an end this week when the S&P 500 registered its first decline after nine sessions, ending the longest positive since 2017. The US index fell 0.31% this week, after some shocking news. Dow Jones and Nasdaq composite followed suit, with losses Read more…
Download PDF USA U.S. equities rallied to new highs as the busiest week in earnings season came to an end, marking October as the best-performing month of 2021. The S&P 500 breached the 4,600 mark and closed 1.33% up on the week, at 4,605.38. The tech-heavy Nasdaq composite also reached Read more…
Download PDF USA The DJIA, S&P 500, and Nasdaq composite ended the week recording gains, despite weaker than expected U.S. jobs data, which brought about concerns over the recovery for the world’s largest economy. The DJIA and S&P 500 increased by 1.22% and 0.79% respectively, this week, while the Nasdaq Read more…
Download PDF USA A rough week for the American stock market ended with solid gains Friday. After rising Treasury yields were a headwind for much of the week, Friday’s sharp drop in the 10-year yield help spurs equities. Small caps led the way, with the Russell 2000 up 1.7%. For Read more…