Moderna: Saving the World Is Already a Lucrative Business
May 24. 2020
Massachusetts-based biotech firm Moderna could be on the cusp of Covid-19 vaccine. Meanwhile, the company may have already cured investors’ appetite for returns. The stock has more than tripled since the start of the year, with much of the gains being made over the past two months.
CLOs: The Riskiest Investments in Family Office Portfolios Could be the Most Vulnerable in 2020
May 21. 2020
Surging capital and dipping yields pushed wealthy investors to riskier assets until last year. Now, the ongoing pandemic and incoming economic crisis could trigger a drastic contraction in the riskiest asset classes in family office and institutional portfolios.
World’s Priciest Property Market Is Losing Its Biggest Customer
May 14. 2020
The flow of capital from Mainland China into Hong Kong’s properties has been nearly invincible for decades. The price of each square foot on the island has been closely correlated with per capita wealth creation on the mainland. Now, it seems both are under undeniable pressure.
Noteworthy Investors Are Struggling to Find Distress As the Market Rebounds
May 11. 2020
Despite the volatility in 2020, noteworthy investors haven’t had a chance to deploy their immense capital in blockbuster deals. Warren Buffett, for example, sold some of his positions instead of adding more or securing a major deal. Berkshire has now completely divested its stake in major American airlines. However, the cash generated from these transactions and decades of cash flow from Berkshire’s various businesses were not redeployed. Buffett’s Berkshire Hathaway had a record $137 billion in cash at the end of March. In his meeting with shareholders last week, the Oracle of Omaha sounded cautious about the road ahead and said “We don’t see anything that attractive,” during the meeting.
The Bleeding Edge of Plant-Based Meat: Q&A with Impossible Foods’ CFO David Lee
May 09, 2020
The emergence of a zoonotic virus and an unprecedented disruption to the meat supply chain in North America has fast-tracked the adoption of plant-based meat alternatives. At the forefront of this revolution is California-based startup Impossible Foods. The company has raised $1.2 billion over 12 rounds of funding from investors.
The Rebound in China’s Luxury Demand Could Signal a V-Shaped Recovery
May 07. 2020
Investors across the world are now bracing for the economic aftermath of the COVID-19 pandemic. As countries gradually emerge from extended lockdown over the next few weeks, institutional investors and industry veterans have been debating whether the economy will quickly bounce back (a “V-shaped” recovery) or take years to recover (“L-shaped”).
Building An Iconic Brand for Recreational Cannabis: Q&A With Iconic Wellness and Provisioning’s Richard Ehrlich
May 06, 2020
The legalization of cannabis in some states has unleashed a multibillion dollar industry in just a few years. Now, the race is on to create a recognizable and trustworthy brand in this nascent industry. Iconic Wellness & Provisioning wants to secure an early lead by expanding production and launching its first flagship cannabis dispensary in Sturgis, Michigan this year.