The NIC’s June Newsletter is here!
In our Macro Overview section, analysts from both divisions will cover broad macro themes while reviewing major economic news from the past month. In our Deeper Dive section, Jan Bich, our Head of IBD, elaborates on carbon pricing in Germany and the EU. Moreover, in our Regional View, Emily Rushforth examines the hack which created a massive fuel shortage along the entire US East Coast.
Our Investment Banking Division will guide you through May’s M&A overall activity. Read about Vonovia to acquire Deutsche Wohnen, AT&T’s Warner Media to merge with Discovery, and Pembina Pipeline Corp to acquire Inter Pipeline Ltd. Additionally, get a detailed overview on what happened to Beyond Meat and ExxonMobil, as well as consider our opinion on commercial space ventures.
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 four major asset classes through analysis of the past month’s major market moves. The overall performance of the NIC Fund in May was positive, with a cumulative return of 0.94%. A return that can be mainly attributed to Equities.
On the Hot Topics of this month, Sebastian Hartmann examines the Shell case potentially becoming a precedent for pre-emptive climate litigations, while Timor Domin elaborates on the M&A activity in the alternative protein market. Lastly, on our ESG review in collaboration with Nordea, Antonio Lima writes about ESG in emerging market debt.
0 Comments