Takes Two to Tango
Source : https://www.ft.com/content/e13f1336-f47e-11e9-a79c-bc9acae3b654
All You Can Eat
Fascinating to see such a large scale potential takeover action in a period of such great uncertainty Source : https://www.ft.com/content/00935372-f4e9-11e9-b018-3ef8794b17c6
Sun, Sea and Deniability
When an industry enters a sunset period, who or what is to blame? Source:https://www.theguardian.com/business/2019/oct/23/ex-thomas-cook-boss-denies-responsibility-tour-firm-collapse-manny-fontenla-novoa
The High Seas of Low Fees
Bold moves being made in European fee structures. In a race to the bottom is quality compromised? Source : https://www.ft.com/content/973980de-f4ef-11e9-b018-3ef8794b17c6
The Price of Fashion
Big moves being made in M&A despite ongoing market uncertainty Source:https://www.bloomberg.com/news/articles/2019-10-26/lvmh-is-said-to-explore-takeover-of-tiffany-in-u-s-luxury-push
The Grapes of Wrath
Insight into how an unconventional investment strategy can turn sour Source : https://www.ft.com/content/91c8cb05-5c1e-4381-ae36-22a64a5cebf1
Heavy Lies The Crown
Does over-dependence on lone figures and massive asset holdings act as a canary in the coalmine for the industry or is it simply the prerogative of good business? Read more at the link below Source : https://www.ft.com/content/6b813d0b-9679-4296-8cd6-2289d297ecf2
FT – FCA eyes liquidity reforms to avert replay of Woodford crisis
https://tinyurl.com/y6alutcp Publication Date: 01/10/19 Source : Financial Times Key Takeaways: FCA has outlined new rules for Property based funds in light of Woodford incident. Rules will come into play in September 2020. Emphasis on disclosures rules, liquidity based contingencies and stipulation that property funds must stop trading in the event of uncertainty about 20% of…
EFAMA – Quarterly Statistical Press Release Q2 2019
https://tinyurl.com/y4kc32j9 Publication Date : 06/09/19 Source: EFAMA Key Takeaways: Q2 2019 demonstrated two principal developments, continual outflows from equity funds and an ongoing rally in bond funds. Overall outflows of -32B EUR, as opposed to Q2 2018 which had +0.3B EUR in Equity Funds Overall inflows of 83B EUR, as opposed to Q2 2018 -6B…
ESMA Publishes Stress Simulation Framework
https://tinyurl.com/y6bm6no9 Publication Date : 05/09/19 Source : ESMA Key Takeaways A new stress simulation framework devised by ESMA has been applied to over 6000 UCITS Bond Funds. The framework was designed to simulate a pure redemption shock. Results show that generally many funds are able to handle such a shock. However, more importantly their testing…