Hints and tips:
...UK’s AstraZeneca, German software company SAP and French healthcare firm Sanofi....
...of Amgen’s $28bn acquisition of Horizon Therapeutics in September....
...Blackstone in September became the first private equity group to be included in the S&P 500 index and its rivals Apollo Global and KKR are hoping they are not far behind....
...There’s already competition under way between the two camps to finance KKR’s investment in healthcare technology business Cotiviti....
...Tesla chair Robyn Denholm has joined the board of Harrison.ai, an Australian healthcare start-up backed by Hong Kong billionaire Li Ka-shing’s Horizon Ventures....
...Services, consumer products and healthcare have dominated Moody’s B3N register....
...But about half of the family-office investment now goes into venture capital through two funds, Prediction Capital, which invests in consumer tech and fintech, and Korify Capital, a healthcare-focused fund...
...Forward P/E ratios for the mid-cap S&P 400 (12.6) and small-cap S&P 600 (12) are at levels only seen in the depths of the pandemic and great financial crisis. Sentiment is still terrible....
...Healthcare employment rose by 55,000, while the construction industry gained 28,000 jobs....
...Monday EU, December retail sales figures Germany, December factory orders UK, S&P Global/Cips construction purchasing managers’ index (PMI) data Results: Activision Blizzard Q4, Anima FY, JFE Holdings...
...It has received “slower than expected adoption by patients and healthcare professionals’‘, Nestlé said....
...“If you can see a storm on the horizon, don’t just make policy for the weather that you’re experiencing at the moment,” he said....
...The Lemlem Foundation, the brand’s philanthropic arm, supports programmes that promote access to healthcare, job opportunities and responsible production, and is funded through a donation of five per cent...
...They might be willing to endure quite a few lean years in terms of their own P&L — and even to think about cutting their own costs and headcount — rather than take risks with deals that need stretched assumptions...
...Powell says BlackRock is seeing a “broadening client type and broadening time horizon, with the vast majority of flows into [BlackRock’s] iShares thematic ETFs driven by professional investors buying in”...
...Simon Edelsten is co-manager of the Artemis Global Select Fund and the Mid Wynd International Investment Trust...
...From top to bottom, from CEO compensation to divisional budgeting and P&L to managerial targets, structures and incentives, we’ve built private firms from the ground up to do one thing really well: extract...
...The S&P 500 was down just 0.1 per cent for the week....
...After several years in Lazard’s mergers and acquisitions practice, she worked as a private equity principal at hedge fund Argonaut Capital before joining L Investments as CIO in 2013....
...ESG concerns about healthcare companies are not going away....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...However, Barkin said that efforts to extend unemployment benefits for Americans left out of work by the pandemic made sense, as did plans to bolster the healthcare response and fund school reopenings, saying...
...In the Russell 2000, healthcare, financials and industrials all play a bigger role than tech — quite a contrast with the global mega-caps of the S&P 500....
...This highlights a key risk with tech ETFs: you are likely to double up on exposure you may already have in US funds and stocks, whether via markets such as the S&P 500 or the more tech-oriented Nasdaq 100...
...“Europe is a good opportunity now,” says Gavin Launder, manager of the European fund at L&G, the investment group. “Governments are now quite keen to promote tech-savvy companies....
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