The NIC Energy Industry Analysis for the month of November 2012 is now available here. Our selection of industry indexes is based on the Stoxx Europe 600 O&G (SXEP), the Bloomberg European Utilities Index (BEUTIL) and the European Renewable Energy Index (ERIX). During November, the Euro Stoxx gained 3.1%, while all sector indexes underperformed. Renewables Read more…
The NIC FIG Industry Analysis for the month of November 2012 is now available here. The attention remains focused on Greece, when eurozone finance ministers try to agree on a solution to debt sustainability for Greece, which is necessary to release the country’s next tranche of bailout. Troika approved Portugal‘s performance in carrying out its €78 Read more…
The NIC Industrials Industry Analysis for the month of November 2012 is now available here. This report aims at looking into the industry of industrial companies, in different sectors to have an idea of what is going on in the industrial world. In order to represent the sector, we have chosen Volkswagenn AG, ArcelorMittal, Novartis Read more…
The NIC Retail Industry Analysis for the month of November 2012 is now available here. Decline in deal activity from Q2 to Q3, but with positive trend comparing to 2011. Consumer sentiment is improving, reflecting slight progress in household income. Although aggregation is still a major trend, companies (especially CPG) have started to divest or Read more…
The NIC TMT Industry Analysis for the month of November 2012 is now available here. The performance of the TMT sector was as usual in line with other equity indices in the last 6 months, where a profit of about 10% was realized. On the Apple and Samsung front, both parties are continuing the patent Read more…
The Nova Investment Club has relaunched its NIC Fund on November 15th. The main objective of this virtual fund is to stimulate and provide knowledge regarding empirical finance research and portfolio management skills. Every month we will provide a factsheet with the performance of our strategic portfolio, as well as a Read more…
The NIC Fund Annual Management Report is now available here. Between the February 24th 2012 and the August 31st 2012 our fund was able to provide a HPR of 8,69%, which would represent an annualized return of 17%, were we to keep up with the same growth rate verified at that moment. Since this return Read more…
The NIC Fund performance commentary for the month June 2012 is now available here. June started with below expected non-farm payroll figures in the US, as well as bleak manufacturing data in the UK and fears of a Chinese economy slowdown. Yet, the resolution of the political stalemate in Greece with Read more…
The NIC Fund performance commentary for the month May 2012 is now available here. May’s news regarding politics in Europe and the economy on both sides of the Atlantic created a fertile ground for further bearish sentiment, after the previous’ month stock market drop. Greece’s political stalemate and concerns about a Read more…
The NIC Fund performance commentary for the month April 2012 is now available here. After having experienced a month of negative returns during March, the Nova Investment Club Fund returned to green light zone in April by climbing 3.92%. The outstanding annualized reward-to-risk relationship of 47%-13% and the steady Sharp metric Read more…