Perspectivas
y actualidad.

Small and medium caps make up about 70% of the job market worldwide, according to the International Labour Organization. Founders, managers and employees create wealth for our regions, making a positive contribution to the boom in the real economy.

Edmond de Rothschild Corporate Finance advises PAI Partners, a pre-eminent private equity firm which is in final negotiations to acquire Looping Group, a leading pan-European leisure park operator, from Mubadala Capital’s Private Equity business and Bpifrance, the French national investment bank.

While market participants brace themselves for a recession that is yet to unfold, few are preparing for a long protracted one or the eventuality of a mild, shallow recovery. Investors contemplating both: long recession and a shallow recovery are a rarity. Our conviction is that equity markets will need more patience to recover than most investors are willing to make room for.

In 2021 we learnt of the “Great Resignation” in the United States, a powerful trend that saw millions of workers choose not to return to work after the Covid lockdowns, a growing number of resignations and as a result, the first recruitment difficulties for companies.

The credit market currently offers interesting opportunities despite a volatile environment, and a target maturity fund seems to us to be a particularly suitable investment solution to benefit from them.

First Citizens Bank’s purchase of Silicon Valley Bank’s deposit and loan portfolios allayed the threat of a systemic bank crisis.

After the events of the past three weeks in the banking sector, there is nothing to confirm a contagion of the “banking crisis” in the United States, but rather relatively contained tensions for small banks for the time being.

Uncertainty dominated after regulators and central banks intervened over the weekend to stop the interbank market situation worsening.

Within the current environmental crises, the urgency of the emergencies is not necessarily where we think it is.

At the end of the previous week, SVB Financial Group and Silvergate Capital said they were in serious difficulty.

Disinflation started to appear at the end of September but is starting to run out of steam. In Europe, the trend has even reversed.

In a complex macroeconomic environment, the Edmond de Rothschild Group 2022 results are resilient