Market Trends

The NTZO Failure: A new precedent in Green ETF Investment?

In early November 2021, the ‘MSCI Global Climate Select’ exchange-traded fund (ETF) was unveiled at the prestigious Glasgow COP26 summit. Traded under the title ‘NTZO’, the intention of the fund was to exclude companies with fossil fuel use entrenched in their production processes, whilst boosting holdings in companies with low […]

Macroeconomic News

El Salvador’s Bitcoin City: An Overdue Eruption?

In the wake of a booming global crypto-currency market, Nayib Bukele, the El Salvadoran President, has recently announced that the Central American country is intending to create the world’s first ever “bitcoin city”. This wild proposition will involve funding through the issuance of $1bn in sovereign bonds backed by the […]

Capital Markets

The Transition away from LIBOR: Old Habits die hard

The London Inter-Bank Offered Rate (Libor) is simply put, the global benchmark interest rate for borrowing costs between banks. However, despite being so simple in definition, Libor has had a truly scandalous existence, with the consequences of the financial crisis of 2008 having exposed Libor for being extremely un-robust. In […]

M&A Deals Capital Markets

The CVC La Liga Deal: David vs Two Goliaths

Private Equity is back in the news again, and more specifically back in the sporting news. Throughout the past COVID-19-stricken year, PE firms have made multiple inroads into some of the largest sporting markets in Europe, with the Spanish top-flight football division of La Liga being the latest in a […]