The NIC’s May 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, Fabio Schiller sheds light on the latest trends and ongoing pressures of the UK housing market. Moreover, in our Regional View, Johanna Linden explains how the Nigerian Naira has been experiencing an excellent recovery due to strong monetary policies.
Our Investment Banking Division will guide you through April’s overall M&A activity. Read about Johnson & Johnson acquiring Shockwave Medical, and International Business Machines Corporation acquiring HashiCorp, Inc. Additionally, get a detailed overview of what happened to Meta Platforms Inc and HSBC, and read expert insight on proxy statements made to Coca-Cola and Pepsi regarding their use of sugar-free sweeteners.
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 through an analysis of the past month’s major market moves. The overall performance of the NIC Fund in April was negative, with a cumulative return of -2.01%.
Lastly, on the Hot Topic of this month, Alexander Knott discusses the declining investments in European ESG Exchange Traded Funds.
