7/11/2025
In our Macro Overview section, analysts from the Financial Markets Division will cover broad macro themes while reviewing major economic news from the past month. In our Deeper Dive section, Felix Horeis explores the impact and reasoning behind the latest Fed rate cuts.
Our Investment Banking Division will guide you through October’s overall M&A activity. Read about HSBC acquiring Hang Seng Bank and L’Oréal acquiring Kering’s beauty unit. Additionally, get a detailed overview of what happened to Pop Mart International, and read expert insights about Wall Street’s crackdown on on-cycle private equity recruiting.
Our Financial Markets Division will present the monthly results of the NIC Fund, an active relative return fund investing across three different asset classes: Equities, Fixed Income, and Commodities. The analysts will also provide commentary on each of the three major asset classes including Currencies through an analysis of the past month’s major market moves. The overall performance of the NIC Fund in October was positive, with a cumulative return of 2.28%.
Our Private Equity Division will cover global and European trends in private equity transactions and investments, followed by brief insights into some top deals. Read about Blackstone’s and TPG’s acquisition of Hologic and Thermo Fisher’s acquisition of Clario.
