The NIC’s November 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, Gonçalo Marques, elaborates on the antitrust lawsuit between the US and Google. Moreover, in our Regional View, Fitore Zeciri, our Head of Communications, examines the Turkish monetary policy and politics which have been putting the Lira under high pressure.
Our Investment Banking Division will guide you through October’s M&A overall activity. Read about AMD Inc to acquire Xilinx Inc, ConocoPhilips buying Concho Resources, and Morgan Stanley acquisition of Eaton Vance. Additionally, get a detailed overview on what happened to Saudi Aramco and Pfizer Inc, as well as consider our opinion on Chinese regulators to halt record-breaking IPO of Ant Group.
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 October was negative, with a cumulative return of -2.41%. A loss that can be mainly attributed to the decline in Equities.
On the Hot Topic of this month, Julia Weber, our Head of FMD, examines the new JP Morgan digital coin and the future of cryptocurrencies, while Pedro Santos Vitor, elaborates on LVMH and Tiffany’s relationship. Lastly, on our ESG review in collaboration with Nordea, Alessandro Astore writes about Sustainable Equity Funds and their role in responsible investing.
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