The NIC October’s 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, Timor Domin, elaborates on the impact of US-China relations on the Asian technology market. Moreover, in our Regional View, Emily Rushforth, examines the current outlook for the American presidential election.
Our Investment Banking Division will guide you through September’s M&A overall activity. Read about Microsoft to acquire ZeniMax Media, Gilead Sciences to acquire Immunomedics and CaixaBank taking over Bankia. Additionally, get a detailed overview on what happened to Nvidia and Puma SE, as well as consider our opinion on special purpose acquisition companies (SPACs) and the 2020 boom.
Our Financial Markets Division will present the monthly results of the NIC Fund, an active relative return fund investing across four different asset classes: Equities, Fixed Income, Commodities and Currencies. 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 September was slightly negative, with a cumulative return of -1.78%. This loss was mainly attributed to a decline in Equities.
On the Hot Topic of this month, Ruben Pratapsinh examines Tesla’s battery day and the impact on the electric vehicle market and, Gonçalo Marques, elaborates on Snowflake, the biggest software IPO in History. Lastly, on our ESG review in collaboration with Nordea, Madalena Azevedo writes about the rise of ESG Fixed Income.
0 Comments