Fair Value – BSIC | Bocconi Students Investment Club

Catching the Butterfly: A Relative Value Approach in OIS Curves

Download PDF Introduction Principal component analysis is widely used for explaining and hedging in the interest rates markets due to its construction based on orthogonality which pairs well with the multicollinearity prevalent in rates. Its explanatory power is able to consistently explain over 95% of the variance in yield curve Read more…

By BSIC, 2 hours10 May 2026 ago

Corporate Finance

Wrestling for Value: Inside the World of Appraisal Arbitrage

Download PDF Introduction In today’s fast-evolving mergers and acquisitions landscape, a hidden battleground is emerging—one where minority shareholders can challenge the terms of a merger and potentially unlock significant hidden value. This arena is defined by appraisal rights, a legal mechanism that empowers investors who oppose a deal to bypass Read more…

By BSIC, 1 year6 April 2025 ago