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Capital Markets Market Trends

Chinese Capital: Domestic vs. Foreign Property Markets

China’s Property Bubble: Will it Stabilise or Burst? Long-sustained housing investment has been consistently observed in China over the last decade, which has prompted both fear and trepidation amongst economists, analysts and governments globally. The signs of overbuilding are apparent. The debt levels are high. At the peak of the […]

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Capital Markets Macroeconomic News

Biden(omics): a new chapter for the US markets

With the inauguration of the 46th US President on Wednesday January 20th, a new page turned for the US economy. Stocks opened higher on Wall Street ahead of the inauguration ceremony. The S&P 500 (^GSPC) was up 1% shortly after the open, while the Dow Jones Index (^DJI) was up […]

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Capital Markets Market Trends

Investor Appetite: DoorDash fills consumer’s hunger, will its IPO fill investors’ hunger too?

DoorDash, America’s biggest food-delivery company, is due to be listed on the New York Stock Exchange under the symbol “DASH” next month, aiming to be valued at more than $20bn in the IPO and begin trading in December. Its financial documents filed on November 13th reveal it booked orders worth […]

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M&A Deals Equity Research

Digital Health Sector: Teladoc Health completes $18.5bn merger with Livongo

Virtual healthcare provider Teladoc Health has acquired Livongo, a technology company which collects patient data to advise upon personal management of chronic illnesses, for $18.5bn, in one of the most prominent deals over the height of the global pandemic. Announced on August 5th, the deal was completed by the end […]

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M&A Deals

Morgan Stanley Investment Management acquires Eaton Vance for $7bn — nearly doubling its AUM

Introduction Morgan Stanley has acquired midsize American investment management firm Eaton Vance in a deal worth $7bn, adding a further $500m of assets under management (AUM) to Morgan Stanley’s Investment Management arm, almost doubling its current AUM to a new total of $1.2trn. The Deal This $7bn deal is another […]

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M&A Deals Capital Markets

Gymshark: the UK’s latest Unicorn, what’s in its £1bn Valuation?

This August marked a significant landmark for the UK’s fastest-growing affordable sportswear brand Gymshark, receiving a valuation of over £1bn for the first time — a significant milestone which catapults Gymshark into joining just less than 25 British companies with “Unicorn” status. Being very much a millennial-targeted brand, Gymshark is […]