DOCSLIB.ORG

Including League Tables of Financial Advisors

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Including League Tables of Financial Advisors An Acuris Company Finding the opportunities in mergers and acquisitions Global & Regional M&A Report H1 2018 Including League Tables of Financial Advisors mergermarket.com An Acuris Company Content Overview 03 Global 04 Europe 09 US 14 Latin America 19 AsiaPacific (excl. Japan) 24 Japan 29 Middle East & Africa 34 M&A and PE League Tables 39 Criteria & Contacts 74 mergermarket.com Mergermarket Global & Regional Global Overview 3 M&A Report H1 2018 Global Overview Regional M&A Comparison North America US$ 877.1bn +29.8% vs. H1 17 Inbound US$ 117.7bn -32.4% Outbound US$ 179bn -9.5% EMU US$ 161bn +0.7% Latin America US$ 45.6bn +62.3% vs. H1 17 Inbound US$ 18.4bn +38.4% 30.99% Outbound US$ 1.4bn -72.1% Ind. & Chem. US$ 21.4bn +624.5% Europe US$ 600.9bn +26.5% vs. H1 17 45.23% 0.88% Inbound US$ 284bn +38.4% 19.08% Outbound US$ 108.6bn -21.1% PMB US$ 121.9bn +127.1% 1.47% MEA US$ 28.4bn -27.7% vs. H1 17 Inbound US$ 22.7bn -36.9% Outbound US$ 18.7bn -22% EMU US$ 11.4bn +54.5% APac (ex. Japan) US$ 370bn +33.1% vs. H1 17 Inbound US$ 56.3bn +53.2% 2.35% Outbound US$ 82.9bn +52.1% Technology US$ 66.8bn +97.1% Japan US$ 17bn +17.3% vs. H1 17 Inbound US$ 1.3bn -76.7% Global M&A US$ 1.94tn +28.3% vs. H1 2017 Outbound US$ 111.4bn +229.1% Consumer US$ 4.4bn +295.9% Cross-border US$ 740.3bn +11.6% vs. H1 2017 The % values on the map indicate Top sector: EMU US$ 338.9bn +24.9% vs. H1 2017 market shares in global M&A mergermarket.com Mergermarket Global & Regional Global Analysis 4 M&A Report H1 2018 Global Value Deal details (US$bn) Announce- Bidder company Target company Target Target sector ment date geography US$ 1.94tn 79.7 8-May-18 Takeda Pharmaceutical Shire Plc Republic of Pharma, Medical & Company Limited Ireland Biotech Value of M&A in H1 2018, the strongest 67.9 8-Mar-18 Cigna Corporation Express Scripts USA Business Services first six months since the crisis Holding Company 58.9 29-Apr-18 T-Mobile USA Inc Sprint Corporation USA Telecoms 46.6 12-Mar-18 E.ON SE innogy SE Germany Energy, Mining & 28.3% 26 Utilities Value increase from H1 Number of megadeals 40.7 25-Apr-18 Comcast Corporation Sky Plc United Media Kingdom 2017 to H1 2018 (> US$ 10bn) announced in H1, four short of the FY 2017 total mergermarket.com Mergermarket Global & Regional Global Analysis 5 M&A Report H1 2018 Global • The momentum seen in Q1 2018 has carried over into the • Headline dealmaking has swung to more developed areas second quarter, pushing global M&A to its highest post-crisis so far this year with an increase in blockbuster consolidation. “It appears the stars are value on Mergermarket record with US$ 1.94tn (8,560 deals) Almost three-quarters of the global value has targeted the announced so far. Q2 (US$ 1.01tn) became the most active US and Europe this year, up from 64.9% in H1 2017 with the aligning for M&A in 2018. quarter since Q4 2016 (US$ 1.03tn) by value, breaching the top ten deals all targeting the two areas, while the respective US$ 1tn mark for only the fourth quarter since the crisis. A deal count share has remained steady. Acquisitions of Express Financing remains cheap buoyant M&A market has led to six deals above the US$ Scripts and Sprint have pushed US activity to US$ 807.9bn, its 20bn mark announced in Q2 including Takeda’s proposed third highest YTD value on record, with the country receiving while tech innovation US$ 79.7bn takeover of Shire – the year’s largest deal so far. It half of the top ten deals in the first half of the year. Meanwhile, appears that the stars are aligning for M&A in 2018. Financing Europe now accounts for just under a third of the global value is causing traditional remains cheap while tech innovation is causing traditional up from 22.4% in YTD 2017 following four deals above US$ corporates to fight back against newer, more innovative 20bn in Q2, including China Three Gorges/EDP (US$ 27.4bn) corporates to fight back firms and shareholder pressure is leading to more spin-offs, and Vodafone’s acquisition of Liberty Global’s German and divestment programmes, and transformational, sector-altering CEE assets (US$ 21.8bn). Asia has also seen an increase in against newer, more acquisitions. M&A compared to H1 2017, yet has seen its global share dip from 27% in YTD 2017 to 19.1% this year. innovative firms” • With dealmakers now having to contend with a greater level of political intervention and protectionism, the majority of the • The changing media landscape, with the introduction of increase in global M&A has been driven by domestic M&A. Netflix and Amazon’s move into the space in recent years, YTD deals conducted domestically this year have surpassed has caused a surge in Media M&A as traditional players such Jonathan Klonowski, US$ 1tn for only the third time on Mergermarket record with as Comcast and Disney look to protect their market share. US$ 1.12tn announced so far. The introduction of tariffs, the The battle for Sky continues to rumble on and the sector has Research Editor (EMEA) growing threat of trade wars and greater scrutiny over deals reached US$ 78.9bn so far this year, its highest YTD figure on may be somewhat responsible for a drop in the impact of Mergermarket record. With the DOJ approving the AT&T/Time cross-border M&A. Earlier this year President Trump ensured Warner merger and Amazon’s ongoing pursuit of sporting TV that Qualcomm’s pursuit of Broadcom did not take off and in rights - including Premier League football and the ATP World the first six months of the year, only 38.2% of the global M&A Tour - the uptick seen in the space shows no sign of abating value was generated by cross-border activity – almost a six and the sector is on course to breach the US$ 100bn barrier percentage-point drop compared to H1 2017. Six of the largest for the third successive year. Industrials & Chemicals has ten deals in H1 2018 were domestic deals, including T-Mobile’s been the most targeted sector by the number of deals, while US$ 58.9bn takeover of Sprint, announced in late May. With seeing a considerable 21.9% increase in the value. The sector governments around the world looking increasingly insular, is also going through large-scale changes with areas such as this wave of domestic M&A may be a sign of further things to artificial intelligence, machine learning, IoT, and driverless cars come in the second half of the year and beyond. all pushing corporates to invest. mergermarket.com Mergermarket Global & Regional Global Analysis 6 M&A Report H1 2018 US$ 1.12tn 59.7% 2.1x Tech (US$ 178.5bn) value increase Pharma, Medical & Biotech (US$ compared to H1 2017 (US$ 111.8bn) 212.8bn) value increase compared to Value of domestic M&A in H1 H2 2017 (US$ 100.4bn) 2018, the highest YTD value on Mergermarket record (since 2001) US$ 271.7bn 72.7% US$1tn Value of private equity buyouts so far this year, the highest YTD value on record Share of global M&A value Q2 2018 value, 9.1% higher than Q1 targeting Europe and the US, up from around 65% in H1 2017 mergermarket.com Mergermarket.com Mergermarket Global & Regional Global Analysis 7 M&A Report H1 2018 Chart title 1 Chart title 1 ChartGlobal title Quarterly2 Breakdown Trend ChartGlobal title Sector 2 Breakdown Trend 2013 - 2018 H1 2017 - H1 2018 800 4000 20000 700 18000 3500 1,201.0 16000 600 3000 827.1 1,030.1 921.3 14000 500 2500 12000 873.3 Count Deal 400 2000 571.7 853.7 10000 872.4 717.3 8000 (US$bn) Value Deal 300 Deal Value (US$bn) Value Deal 1500 1011.8 658.2 1,039.4 758.3 6000 964.2 1000 739.6 200 561.2 4000 500 927.3 100 762.2 752.7 2000 568.5 626.8 447.1 0 0 2013 2014 2015 2016 2017 2018 0 Energy, Industrials Pharma, Business Technology Other Mining & Utilities & Chemicals Medical Services & Biotech Q1 Q2 Q3 Q4 H1 2017 H1 2018 Deal Count mergermarket.com Mergermarket Global & Regional Global Analysis 8 M&A Report Q1 2018 Global League tables Financial advisor league table by value Ranking H1 2018 H1 2017 Regional ranking comparison H1 H1 Company name Value Deal Value % Value Europe US Asia Japan Middle Latin 2018 2017 (US$m) count (US$m) change Pacific East & America Africa 1 1 Goldman Sachs & Co 663,221 190 438,517 51.2% 1 1 3 1 1 4 2 2 Morgan Stanley 650,733 148 318,882 104.1% 2 2 1 3 2 3 3 4 JPMorgan 511,920 146 275,986 85.5% 3 3 2 2 5 10 4 5 Citi 395,591 120 243,100 62.7% 4 9 5 6 16 9 5 3 Bank of America Merrill Lynch 324,741 96 284,942 14.0% 6 4 4 17 3 1 6 6 Lazard 294,538 98 188,256 56.5% 5 10 6 26 12 12 7 15 Evercore 276,068 75 83,844 229.3% 7 5 26 4 67 17 8 7 Credit Suisse 243,347 89 163,495 48.8% 11 6 17 9 9 11 9 9 Deutsche Bank 212,962 62 148,668 43.2% 13 12 9 11 17 26 10 11 Barclays 197,396 91 126,034 56.6% 10 8 12 14 6 16 11 12 Centerview Partners 187,387 22 104,527 79.3% 30 7 354 10 80 - 12 10 Rothschild 148,478 144 135,163 9.9% 8 20 18 19 11 15 13 28 PJT Partners 124,119 13 26,828 362.6% 18 11 146 12 - - 14 8 UBS Investment Bank 113,262 71 148,722 -23.8% 9 21 7 16 8 69 15 31 Nomura Holdings 96,616 42 24,253 298.4% 12 57 32 5 92 82 16 17 RBC Capital Markets 69,004 53 61,527 12.2% 26 16 27 - 84 28 17 13 Perella Weinberg Partners 68,824 18 87,596 -21.4% 19 25 207 154 88 - 18 64 Sumitomo Mitsui Financial Group 66,940 28 8,507 686.9% 622 14 377 7 - - 19 26 Robey Warshaw 65,964 3 30,503 116.3% 14 17 340 146 - - 20 81 Mizuho Financial Group 62,197 20 4,943 1158.3% 699 15 204 8 - - mergermarket.com Mergermarket Global & Regional Europe Analysis 9 M&A Report Q1 2018 Europe Value Deal details (US$bn) Announce- Bidder company Target company Target Target sector ment date geography US$ 600.9bn 79.7 8-May-18 Takeda Pharmaceutical Shire Plc Republic
Load more

Recommended publications
  • Orient Securities Co. (3958.HK)
    August 29, 2016 EARNINGS REVIEW Orient Securities Co. (3958.HK) Neutral Equity Research In line with expectations: Sequential recovery led by trading, IB improved What surprised us Investment Profile DFZQ reported 2Q16 NPAT of Rmb860mn, 28%/17% of GSe/Bloomberg Low High consensus for 2016E NPAT. 1H profits are consistent with preliminary Growth Growth disclosure in August. 2Q16 profit declined -78% yoy, but sequentially grew Returns * Returns * 103% qoq, led by trading. ROE/ROA recovered to 10.3%/1.8% annualized in Multiple Multiple Volatility Volatility 2Q. Key positives: 1) IB income up 28% yoy to Rmb290bn, led by growth Percentile 20th 40th 60th 80th 100th in both ECM and DCM underwriting. Coupled with a strong 1Q, first-half IB Orient Securities Co. (3958.HK) income has been the strongest in the past few years. 2) Trading income Asia Pacific Banks Peer Group Average up 90% qoq from a very low base in 1Q16 on recovering investment yield, * Returns = Return on Capital For a complete description of the investment profile measures please refer to the even though still down 85% yoy. Revenue contribution from trading disclosure section of this document. decreased to 27% in 1H16, vs. 65% on average for FY13 to FY15. Principal investment book was flat at Rmb 49bn hoh with equity down to Rmb 6.2bn Key data Current Price (HK$) 8.21 and bond investment up; 3) Stock pledged lending balance rose 20% hoh 12 month price target (HK$) 9.20 Market cap (HK$ mn / US$ mn) 35,153.1 / 4,532.4 to Rmb 29bn despite weaker margin finance as the company shifts its Foreign ownership (%) -- focus to corporate client financing.
    [Show full text]
  • Q3 2019 Holding Lijst
    Aandelen Obligaties 360 Security Technology Inc 3SBio Inc 3i Group PLC Abbott Laboratories 3M Co AbbVie Inc 3SBio Inc Acadia Healthcare Co Inc 51job Inc adidas AG 58.com Inc ADLER Real Estate AG AAC Technologies Holdings Inc ADO Properties SA ABB Ltd Aermont Capital LLP Abbott Laboratories AES Corp/VA AbbVie Inc African Development Bank ABIOMED Inc Aggregate Holdings SA Aboitiz Equity Ventures Inc Air France-KLM Absa Group Ltd Air Transport Services Group I Accell Group NV Akamai Technologies Inc Accenture PLC Aker BP ASA Accor SA Albertsons Investor Holdings L Acer Inc Alcoa Corp ACS Actividades de Construccio Alfa SAB de CV Activision Blizzard Inc Alibaba Group Holding Ltd Acuity Brands Inc Allergan PLC Adecco Group AG Alliander NV adidas AG Allianz SE Adobe Inc Ally Financial Inc Advance Auto Parts Inc Almirall SA Advanced Info Service PCL Altice USA Inc Advanced Micro Devices Inc Amazon.com Inc Advantech Co Ltd America Movil SAB de CV Aegon NV American International Group I AES Corp/VA Amgen Inc Affiliated Managers Group Inc ams AG Agilent Technologies Inc ANA Holdings Inc AIA Group Ltd Anglian Water Group Ltd Aier Eye Hospital Group Co Ltd Anglo American PLC Air LiQuide SA Anheuser-Busch InBev SA/NV Air Products & Chemicals Inc Antero Resources Corp AirAsia Group Bhd APA Group Airbus SE APERAM SA Aisino Corp Aphria Inc Akamai Technologies Inc Apollo Global Management Inc Aker BP ASA Apple Inc Akzo Nobel NV Aptiv PLC Alcon Inc Arab Republic of Egypt Alexandria Real Estate Equitie Arconic Inc Alfa Laval AB ARD Holdings SA Alfa SAB de
    [Show full text]
  • Lazard Global Investment Funds Plc
    Lazard Global Investment Funds plc Für in der Schweiz eingetragene Teilfonds Auszug aus dem Jahresbericht und geprüften Abschluss Für das am 31. März 2020 endende Geschäftsjahr Inhalt Verwaltungsrat und sonstige Informationen .................................................................. 4 Bericht des Verwaltungsrates ........................................................................................ 6 Bericht des Anlageverwalters....................................................................................... 13 Bericht der Verwahrstelle ............................................................................................. 33 Gesamtergebnisrechnung ............................................................................................ 34 Bilanz ............................................................................................................................ 38 Aufstellung der Veränderungen im Nettovermögen der Anteilinhaber von Redeemable Participating Shares ................................................................................ 42 Anmerkungen zum Abschluss ...................................................................................... 46 Vermögensaufstellung der Portfolios ......................................................................... 107 Aufstellung der wesentlichen Anlageveränderungen (ungeprüft) .............................. 159 Offenlegung der Vergütung gemäß OGAW V (ungeprüft) .......................................... 169 Anhang 1: Zusätzliche Informationen für Anleger
    [Show full text]
  • LEAGUE TABLES Q1 2020 Preliminary As of 25 March 2020 Q1 2020 PRELIMINARY AS of 25 MARCH 2020
    GLOBAL EQUITY CAPITAL MARKETS LEAGUE TABLES Q1 2020 Preliminary As of 25 March 2020 Q1 2020 PRELIMINARY AS OF 25 MARCH 2020 MANAGER RANKINGS GLOBAL EQUITY, EQUITY LINKED & RIGHTS CONTENTS Bloomberg’s global equity offerings database consists of nearly 87,000 deals (with approximately 43,000 IPOs and over 43,000 additional offerings), and coverage of more than 1. Global market review 500 financial advisors and 500 legal advisors. 2. US market review LEAG<GO> for a full range of league tables 3. Canada market review IPO<GO> for Bloomberg’s equity offerings product 4. Latin America market review Due to the dynamic nature of the Professional Service product, league table rankings may vary between 5. EMEA market review this release and data found on the Bloomberg Professional Service. 6. Asia market review 7. Table criteria DATA SUBMISSIONS AND QUERIES Contact Phone Email North America Larisa Bykova +1 646 324 2355 [email protected] EMEA Dimitri Quemard +44 20 3525 0253 [email protected] Asia-Pacific Zhen Hao Toh +65 6499 2931 [email protected] © 2020 Bloomberg Finance L.P. All rights reserved. Bloomberg Preliminary Global Equity | Q1 2020 Global Equity, Equity Linked & Rights: Industry Breakdown Global Equity Review 8% Financials 22% Q1 2020 credited Global Equity, Equity Linked & Rights volume decreased 3.11% to USD 128.6 Bln while deal count 5% 22% Health Care 18% decreased 8.94% to 906 offerings year-on-year. Global Equity IPO volume increased 73.37% year-on-year to USD 32.2 Bln 6% Consumer Discretionary 16% while the deal count decreased 0.40% to 247.
    [Show full text]
  • China Vanke Co., Ltd. 2013 First Quarterly Report
    China Vanke Co., Ltd. 2013 First Quarterly Report §1 Important Notice 1.1 The Board, the Supervisory Committee, Directors, members of the Supervisory Committee and senior management of the Company warrant that in respect of the information contained in this Quarterly Report, there are no misrepresentations or misleading statements, or material omission, and individually and collectively accept full responsibility for the authenticity, accuracy and completeness of the information contained in this Quarterly Report. 1.2 None of the Directors, members of the Supervisory Committee and senior management fails to assure or disputes with the authenticity, accuracy and completeness of the contents of this Quarterly Report. 1.3 Deputy Chairman Qiao Shibo and Director Wei Bin were not able to attend the board meeting in person due to their business engagements and had authorised Director Chen Ying to represent them and vote on behalf of them. Director Yu Liang was not able to attend the board meeting in person due to personal reasons and had authorised Director Xiao Li to represent him and vote on behalf of him. 1.4 This quarterly financial report of the Company has not been audited. 1.5 The Company’s Chairman Wang Shi, Director and President Yu Liang, and Executive Vice President and Supervisor of Finance Wang Wenjin declare that the financial report contained in this Quarterly Report is warranted to be true and complete. §2 Basic Corporate Information 2.1 Major accounting data and financial guidance (Unit: RMB’000) As at 31 March 2013 As at 31
    [Show full text]
  • LEAGUE TABLES H1 2018 Preliminary As of 25 June 2018 H1 2018 PRELIMINARY AS of 25 JUNE 2018 MANAGER RANKINGS ASIA PACIFIC CAPITAL MARKETS
    ASIA PACIFIC CAPITAL MARKETS LEAGUE TABLES H1 2018 Preliminary As of 25 June 2018 H1 2018 PRELIMINARY AS OF 25 JUNE 2018 MANAGER RANKINGS ASIA PACIFIC CAPITAL MARKETS The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards. LEAG<GO> for a full range of league tables MA<GO> for a full range of merger & acquisition tables NI LEAG CRL<GO> or http://www.bloomberg.com/ for a full range of market-specific league table publications Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service. DATA SUBMISSIONS AND QUERIES Contact Phone Email Equities Zhen Hao Toh +65 6499 2931 [email protected] Fixed Income Jennifer Passos +65 6231 9677 [email protected] Loans Colin Tang +65 6499 2949 [email protected] APAC League Xin Yu Chen +65 6212 1123 [email protected] © 2018 Bloomberg Finance L.P. All rights reserved. Bloomberg Preliminary APAC Capital Markets | H1 2018 Asia ex-Japan G3 Currency Bonds: Industry Breakdown Asia Pacific Fixed Income 13% 6% 6% Asia ex-Japan G3 Currency Bonds 7% 55% H1 2018 H1 2017 12% Mkt Volume (USD Deal Prev Prev Mkt Mkt Share Firm Rank Share(%) Mln) Count Rank Share(%) Chg(%) HSBC 1 7.327 10,159 126 1 9.020 -1.693 Citi 2 5.929 8,219 85 3 6.455 -0.526 Financials 55% Bank of China 3 5.352 7,421 115 4 5.037 0.315 Government 12% Standard Chartered Bank 4
    [Show full text]
  • Global Mergers & Acquisitions Review
    Global Mergers & Acquisitions Review FIRST HALF 2020 | FINANCIAL ADVISORS Global Mergers & Acquisitions Review First Half 2020 | Financial Advisors Global Deals Intelligence Global Announced M&A $4,500 30,000 WORLDWIDE DEAL MAKING FALLS 41%; LOWEST FIRST HALF SINCE 2013 Worldwide M&A activity totaled US$1.2 trillion during the first half of 2020, a decrease of 41% compared $4,000 to year-ago levels and the slowest opening six-month period for mergers & acquisitions since the first 25,000 half of 2013. The second quarter of 2020 registered a 25% decrease compared to the first quarter of the year and marks the slowest quarter of deal making since the first quarter of 2012. By number of $3,500 worldwide deals, deal making declined 16% compared to year ago levels, a six-year low. $3,000 20,000 CROSS-BORDER M&A DECLINES 15% TO SEVEN-YEAR LOW $2,500 Cross-border M&A activity totaled US$440.7 billion during the first half of 2020, a 15% decrease 15,000 compared to a year ago and the slowest first half for cross-border M&A since 2013. The Industrials, $2,000 Technology and Energy and Power sectors accounted for 37% of cross-border deals during the first half of 2020, down from 40% a year ago. $1,500 10,000 US TARGET M&A DECLINES 69%, LOWEST PERCENTAGE OF TOTAL M&A ON RECORD $1,000 M&A activity for US targets totaled US$354.9 billion during the first half of 2020, a decrease of 69% 5,000 compared to the level of activity seen during the first half of 2019 and the lowest opening six-month $500 period for US deal making since 2012.
    [Show full text]
  • List of CMU Members 2021-08-18
    List of CMU Members 2021-09-23 Member Bond Code Member Name Bank Repo CMUBID Connect ABCI ABCI SECURITIES COMPANY LIMITED - Y Y ABNA ABN AMRO BANK N.V. - Y - ABOC AGRICULTURAL BANK OF CHINA LIMITED - Y Y AIAT AIA COMPANY (TRUSTEE) LIMITED - - - ASBK AIRSTAR BANK LIMITED - Y - ACRL ALLIED BANKING CORPORATION (HONG KONG) LIMITED - Y - ANTB ANT BANK (HONG KONG) LIMITED - - - ANZH AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - - Y AMCM AUTORIDADE MONETARIA DE MACAU - Y - BEXH BANCO BILBAO VIZCAYA ARGENTARIA, S.A. - Y - BSHK BANCO SANTANDER S.A. - Y Y BBLH BANGKOK BANK PUBLIC COMPANY LIMITED - - - BCTC BANK CONSORTIUM TRUST COMPANY LIMITED - - - SARA BANK J. SAFRA SARASIN LTD - Y - JBHK BANK JULIUS BAER AND CO. LTD. - Y - BAHK BANK OF AMERICA, NATIONAL ASSOCIATION - Y Y BCHK BANK OF CHINA (HONG KONG) LIMITED - Y Y CDFC BANK OF CHINA INTERNATIONAL LIMITED - Y - BCHB BANK OF CHINA LIMITED, HONG KONG BRANCH - Y - CHLU BANK OF CHINA LIMITED, LUXEMBOURG BRANCH - - Y BMHK BANK OF COMMUNICATIONS (HONG KONG) LIMITED - Y - BCMK BANK OF COMMUNICATIONS CO., LTD. - Y - BCTL BANK OF COMMUNICATIONS TRUSTEE LIMITED - - Y DGCB BANK OF DONGGUAN CO., LTD. - - - BEAT BANK OF EAST ASIA (TRUSTEES) LIMITED - - - BEAH BANK OF EAST ASIA, LIMITED (THE) - Y Y BOIH BANK OF INDIA - - - BOFM BANK OF MONTREAL - - - BNYH BANK OF NEW YORK MELLON - - - BNSH BANK OF NOVA SCOTIA (THE) - - - BOSH BANK OF SHANGHAI (HONG KONG) LIMITED - Y Y BTWH BANK OF TAIWAN - Y - SINO BANK SINOPAC, HONG KONG BRANCH - - Y BPSA BANQUE PICTET AND CIE SA - - - BBID BARCLAYS BANK PLC - Y - EQUI BDO UNIBANK, INC.
    [Show full text]
  • Schedule of Investments (Unaudited) Ishares MSCI Total International Index Fund (Percentages Shown Are Based on Net Assets) September 30, 2020
    Schedule of Investments (unaudited) iShares MSCI Total International Index Fund (Percentages shown are based on Net Assets) September 30, 2020 Mutual Fund Value Total International ex U.S. Index Master Portfolio of Master Investment Portfolio $ 1,034,086,323 Total Investments — 100.4% (Cost: $929,170,670) 1,034,086,323 Liabilities in Excess of Other Assets — (0.4)% (3,643,126) Net Assets — 100.0% $ 1,030,443,197 iShares MSCI Total International Index Fund (the “Fund”) seeks to achieve its investment objective by investing all of its assets in International Tilts Master Portfolio (the “Master Portfolio”), which has the same investment objective and strategies as the Fund. As of September 30, 2020, the value of the investment and the percentage owned by the Fund of the Master Portfolio was $1,034,086,323 and 99.9%, respectively. The Fund records its investment in the Master Portfolio at fair value. The Fund’s investment in the Master Portfolio is valued pursuant to the pricing policies approved by the Board of Directors of the Master Portfolio. Fair Value Hierarchy as of Period End Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: • Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access • Level 2 – Other observable inputs (including, but not limited to, quoted prices
    [Show full text]
  • Financial Rankings 2015 2015
    GLOBAL M&A MARKET REVIEW FINANCIAL RANKINGS 2015 2015 GLOBAL M&A FINANCIAL ADVISORY RANKINGS The Bloomberg M&A Advisory League Tables are the definitive publication of M&A advisory rankings. The CONTENTS tables represent the top financial and legal advisors across a broad array of deal types, regions, and industry sectors. The rankings data is comprised of mergers, acquisitions, divestitures, spin-offs, debt-for-equity- 1. Introduction swaps, joint ventures, private placements of common equity and convertible securities, and the cash 2. Global M&A Year in Review injection component of recapitalization according to Bloomberg standards. 3. Global M&A Heat Map 4. Global M&A Regional Review Bloomberg M&A delivers real-time coverage of the M&A market from nine countries around the world. We 5. Global M&A League Tables provide a global perspective and local insight into unique deal structures in various markets through a 6. Americas M&A Regional Review network of over 800 financial and legal advisory firms, ensuring an accurate reflection of key market trends. 7. Americas M&A League Tables Our quarterly league table rankings are a leading benchmark for legal and financial advisory performance, and our Bloomberg Brief newsletter provides summary highlights of weekly M&A activity and top deal 9. EMEA M&A Regional Review trends. 10. EMEA M&A League Tables 13. APAC M&A Regional Review Visit {NI LEAG CRL <GO>} to download copies of the final release and a full range of market specific league 14. APAC M&A League Tables table results. On the web, visit: http://www.bloomberg.com/professional/solutions/investment-banking/.
    [Show full text]
  • League Tables
    GLOBAL EQUITY CAPITAL MARKET LEAGUE TABLES Q1 2016 Q1 2016 MANAGER RANKINGS GLOBAL EQUITY, EQUITY LINKED & RIGHTS CONTENTS Bloomberg’s global equity offerings database consists of nearly 87,000 deals (with approximately 43,000 IPOs and over 43,000 additional offerings), and coverage of more than 500 financial advisors 1. Global market review and 500 legal advisors. 2. US market review LEAG<GO> for a full range of league tables 3. Canada market review IPO<GO> for Bloomberg’s equity offerings product 4. Latin America market review 5. EMEA market review Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release 6. Asia market review and data found on the Bloomberg Professional Service. 7. Table criteria DATA SUBMISSIONS AND QUERIES Contact Phone Email North America Elizabeth Entrup +1 646 324 4666 [email protected] Irina Arefyeva +1 646 324 4663 [email protected] EMEA Karan Aswani +44 20 3525 4331 [email protected] Asia Pacific Billy Sun +886 2 7719 1571 [email protected] © 2015 Bloomberg Finance L.P. All rights reserved. Global Equity, Equity Linked & Rights: Industry Breakdown Global Equity Review Technology 27% 11% Financials 18% Q1 2016 credited Global Equity, Equity Linked & Rights volume decreased 56.27% to USD 102.5 Bln while deal 5% 27% count decreased 42.90% to 627 offerings year-on-year. Global Equity IPO volume decreased 65.23% year-on- 6% Energy 16% year to USD 14.1 Bln while the deal count decreased 36.23% to 176. Global Equity Linked volume decreased Health Care 9% 41.99% year-on-year to USD 15.8 Bln over 61 deals.
    [Show full text]
  • Everbright Securities Company Limited 光大證券股份有限公司 (A Joint Stock Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 6178)
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Everbright Securities Company Limited 光大證券股份有限公司 (A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 6178) ANNOUNCEMENT OF annual RESULTS FOR THE YEAR ENDED DECEMBER 31, 2018 The board of directors (the “Board”) of Everbright Securities Company Limited (the “Company”) hereby announces the audited annual results of the Company and its subsidiaries (the “Group”) for the year ended December 31, 2018. This announcement, containing the full text of the 2018 annual report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in relation to information to accompany preliminary announcement of annual results. The Group’s final results for the year ended December 31, 2018 have been reviewed by the audit committee of the Company. This results announcement will be published on the website of The Stock Exchange of Hong Kong Limited (www.hkexnews.hk) and the Company’s website (www.ebscn.com). The Company’s 2018 annual report will be dispatched to the holders of H shares of the Company and published on the websites of The Stock Exchange of Hong Kong Limited and the Company in due course.
    [Show full text]