Monday, February 18, 2019, 08:58
, by
Dominic Cortis
I have a particular book that generates a mixture of disgust, fear and general misery to others whenever I am carrying it. It’s named “Fundamentals of Private Pensions”, it has a dark cover and worst of all no pictures – except for a couple of graphs.
Despite being a darn good book, pensions aren’t exactly a “sexy” topic yet they have been back on the...
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Friday, November 16, 2018, 09:38
by
Jordan Portelli, Calamatta Cuschieri
Emerging market (EM) bonds over the years have increased in their popularity amongst investors, as we saw new entrants (in the form of bond issuers) to this segment both from a sovereign but also from a corporate perspective.
That said, we have...
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Thursday, November 1, 2018, 21:21
by
Ian Gauci
A first of its kind legal framework regulating cryptocurrencies and distributed ledger technologies, consisting of three separate pieces of legislation, has finally come into effect.
More than a year from the initial inception of the legal...
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Wednesday, October 31, 2018, 12:11
by
Simon Psaila, Calamatta Cuschieri
In a recently approved corporate admission document on the Prospects MTF, a “Change of Control” clause was included as part of the offering; a first in the local corporate bond market. This is commensurate with a push for features included in...
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Tuesday, October 23, 2018, 09:41
by
Mark Vella, Calamatta Cuschieri
The process of investment management can take various forms, with the more traditional type taking either an active or passive approach in an attempt to generating investment returns. The passive approach generally consists of the process of...
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Friday, October 5, 2018, 09:48
by
Jordan Portelli, Calamatta Cuschieri
It is a state of fact that the gains seen within the fixed-income asset class over the past years is one of the longest streaks, undoubtedly well described as a strong bull market. Market participants have been questioning, since mid-2013, whether...
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Tuesday, September 25, 2018, 09:34
by
Mark Vella, Calamatta Cuschieri
Heading into the final straight of 2018, with the final quarter of the year merely a few trading sessions, it is important for market participants across all the capital markets spectrum, asset managers, advisors and investors alike, such as...
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Tuesday, September 11, 2018, 11:29
by
Mark Vella, Calamatta Cuschieri
At the turn of the year, we had anticipated 2018 to be a topsy-turvy for credit, and anything short of that would have, at least for us, taken us by surprise. So far, this year has lived up to its expectations and is proving to be the most...
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Tuesday, August 28, 2018, 09:33
by
Mark Vella, Calamatta Cuschieri
August has been an uncharacteristically eventful month this year as fears surrounding imminent budgetary concerns in Italy and weakness in a handful of Italian banks, coupled with the crisis in Turkey, have resulted in a marked increase in risk...
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Friday, August 17, 2018, 10:27
by
Jordan Portelli, Calamatta Cuschieri
In the initial months of the year we had predicted that 2018 would be, a difficult year for investors and the word volatility will be the order of the day. Many market participants, including us, were aware that the prime concern were the...
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Tuesday, August 14, 2018, 09:17
by
Mark Vella, Calamatta Cuschieri
The summer months for global capital markets, particularly the fortnight over mid-August are usually commensurate with low levels of investor activity, low trading volumes, low levels of volatility. We call it the lull of the summer months, where...
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Wednesday, August 1, 2018, 20:12
by
Edward Rizzo
Following yesterday’s decline of 1.6%, the MSE Equity Price Index rebounded by 1.1% to 4,373.547 points today, driven by the strong gains in the share prices of BOV (+5.2%) and MIA (1.9%) which outweighed declines in three other shares. Trading...
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Friday, July 27, 2018, 10:32
by
Mark Vella, Calamatta Cuschieri
If we thought that the 2018 was going to be a continuation of the performance registered during 2016 and 2017, we were mistaken. 2018 has been a topsy-turvy year so far, and that’s putting it rather mildly. Markets corrected in a magnitude few...
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Wednesday, July 25, 2018, 10:40
by
Elisabetta Guadiano, Calamatta Cuschieri
The equity research team at Calamatta Cuschieri recently made available to its clients a report on GO plc (GO), whereby it was given a “HOLD” recommendation with a one-year target price of €3.52, giving a potential capital upside of 2.8% to the...
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Tuesday, July 24, 2018, 10:58
by
Jordan Portelli, Calamatta Cuschieri
Many might not be familiar with the theoretical financial terms beta and alpha, however both are very important in guiding investors. Beta is simply the sensitivity of an asset class or sector to the market as a whole. In simple terms, it is the...
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Monday, July 23, 2018, 10:03
by
Kristian Camenzuli, Calamatta Cuschieri
We started coverage of Weibo Corporation with an overweight recommendation and a price target of $116 per share. Weibo will issue Q2 2018 results on 08/08/2018. We see the recent weakness in the share price as a buying opportunity. Following a...
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Friday, July 20, 2018, 08:25
by
Chris Buttigieg, Director Securities and Markets Supervision Unit, MFSA
The MFSA has, for the past months, been actively working on a framework that supports innovation and new technologies in the field of virtual currencies.
It is the MFSA’s policy that the regulatory framework in this field should be robust and one...
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Tuesday, July 3, 2018, 10:03
by
Mark Vella, Calamatta Cuschieri
Those who know me well know that, for a number of years now, I have been opining on how I strongly believe that financial education is becoming ever more critical in this day and age, not only for investment purposes but also for our day-to-day...
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Friday, June 22, 2018, 10:58
by
Jordan Portelli, Calamatta Cuschieri
Undoubtedly, rising inflation expectations had their fair share in negatively affecting spreads, with bond yields rising across the globe over recent months. To many market participants this comes to no surprise given the uptick in global growth...
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Monday, May 28, 2018, 11:27
by
Kristian Camenzuli, Calamatta Cuschieri
Royal Dutch Shell sits on an oil and gas throne higher than that of Exxon Mobil.
The oil supermajor has worldwide proved reserves of 13.2 billion barrels of oil equivalent. Operating in over 70 countries, Royal Dutch Shell pumps out 3.7 million...
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Friday, May 25, 2018, 11:46
by
Mark Vella, Calamatta Cuschieri
Putting it mildly, there are a handful of textbooks and articles written on what it takes to become a successful investor. There are a number of traits which make some investors more successful than others – for the inexperienced investor,...