Publications

MARCH 2017 : CORPORATE SOCIAL RESPONSIBILITY IN INDIA : LAW AND IMPLEMENTATION CHALLENGES

MARCH 2017 : CORPORATE SOCIAL RESPONSIBILITY IN INDIA : LAW AND IMPLEMENTATION CHALLENGES “Let the rich satisfy the poor implorer and bend his eye on a longer pathway.” 

- RigVeda, Book X, Hymn 117 The act of philanthropy and the concept of D?na are rooted in ancient Indian wisdom that dictates the act of giving to those in distress. The immediate period prior to the implementation of the law marks a shift in the culture of corporate giving from philanthropy…

0
Read More

FEBRUARY 2017 : CHINA: WHAT’S AHEAD FOR THE ROOSTER YEAR?

FEBRUARY 2017 : CHINA: WHAT’S AHEAD FOR THE ROOSTER YEAR? INTRO – The People’s Bank of China (PBC) has confirmed, according to its January data, that foreign exchange reserves of the country have fallen to a historically low level of 2.998 trillion dollars, contrasting with the the all-time high of 3.993 trillion dollars in June 2014. CHART 1: RMB’s exchange rate and foreign reserves evolution since 2009 – Sources: Trading Economics. WHY IS THIS STATEMENT MORE ALARMING THAN IT SEEMS?…

0
Read More

FEBRUARY 2017 : FOCUS: EUROPE & US. ANALYSIS ON ECONOMIC EVENTS

FEBRUARY 2017 : FOCUS: EUROPE & US. ANALYSIS ON ECONOMIC EVENTS The question dominating the scene is if Europe will be washed over by a wave of far-right populism, leading to a stark change in the outlook for their economic policy. The upcoming elections in Netherlands and more importantly the French presidential have been contributing to the volatility of world markets. So, the point is, where all this headed is. Over the past week, the Euro hit record low levels,…

0
Read More

MORE ECONOMIC INEQUALITY THAN EVER?

MORE ECONOMIC INEQUALITY THAN EVER? In early January, Oxfam, published An Economy For the 99%, a report centered on the need of rebuilding a global economy that benefits everyone, not just the privileged few . The report quickly produced hard-hitting headlines, most often spreading the report’s claim that the world’s 8 richest men own more wealth than the poorest half of the world’s population (see the New York Times or the Independent among many others). The way Oxfam came up…

0
Read More

JANUARY 2017 : WILL MONTE DEI PASCHI FALL?

JANUARY 2017 : WILL MONTE DEI PASCHI FALL? In Italy, 24-month parmesan and well-baked panettone crumble as well as sometimes Italian banks. This has been the case in the last months for the country’s third-biggest and the world’s oldest bank, Monte dei Paschi, conducting its top management to request state help on December 23rd. The timing was indeed good: two days earlier, in a context of banking feverishness, the Italian parliament passed a bill to establish a €20bn fund to…

0
Read More

PROFILE: ON THE LEADING EDGE, BLYTHE MASTERS

PROFILE: ON THE LEADING EDGE, BLYTHE MASTERS Boca Raton, June 1994. In the soft warmth of the Florida sun, a group of junior bankers from JP Morgan enjoy a good time around the swimming pool of the famous Boca Raton Resort & Club hotel, drinking pina-colada and taking sunbaths. It looks like they are on vacation but they actually aren’t. Gathered under the authority of Peter Hancock, the head of the Global Derivatives group in the bank, they are working…

0
Read More

DECEMBER 2016 : THE FEDERAL RESERVE SLIGHTLY INCREASES ITS RATES FOR 2017

DECEMBER 2016 : THE FEDERAL RESERVE SLIGHTLY INCREASES ITS RATES FOR 2017 On December 14th, the Fed announced that its benchmark interest rate would rise by 25 basis points, to a range between 0.5% and 0.75%, exactly like it did one year ago, in December 2015. Concomitantly, the Fed’s projections forecasted that interest rates will rise in 2017, to close to 1.5% by year’s end. In 2015 also, the Fed projected to increase interest rates gradually to 1.5% by year’s…

0
Read More

DECEMBER 2016 : 2016 M&A ACTIVITY BOOSTED IN 4TH QUARTER

DECEMBER 2016 : 2016 M&A ACTIVITY BOOSTED IN 4TH QUARTER Sunoco Logistics acquiring Energy Transfer Partners for $52bn, AT&T’s agreeing to purchase the media group Time Warner for $108bn, including debt, German conglomerate Bayer making the acquisition of Monsanto for $66bn in September, … A late rush of large takeovers during the last months of 2016 boosted global dealmaking to its second-best annual level since the financial crisis as thirst for corporate acquisitions continued despite political turmoil and strong regulatory…

0
Read More

RECOMMANDATION D’INVESTISSEMENT DECEMBRE 2016

Analyse financière décembre 2016 Retrouvez l’intégralité des recommandations d’investissement des analystes de 27 Investment Club au lien suivant : Recommendation d’investissement décembre 2016 Les analystes ayant contribué à l’élaboration du portefeuille de décembre 2016 sont : Célestin BECQUART Martin CHELLET Camille CHEVALIER Maximilien DERAM Sam KOVACS Nabil LAKHAL Benjamin MATTER Paul PERNEY Teresa REBUELTA Alex SALA Nicolas SIRONNEAU Arthur SOUSSAN Fleurilys VIREL

0
Read More
Réseaux sociaux