The Business Times

Sebastien Canderle

Unicorns follow a market strategy first tested in the dot-com days: launch innovative business ideas and grow the top line exponentially while racking up huge losses. The trick is to ensure almost unlimited access to financing.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Venture capital: Lessons from the dot-com days

THE NASDAQ 100 index hit rock bottom during intra-day trading on Oct 10, 2002, down 77 per cent from its all-time high on Mar 10, 2000. An estimated 100 million individual investors lost US$5 trillion...

Because most credit deals in recent years applied floating rates, should the cost of credit remain high, zombie scenarios, Chapter 11 filings, and hostile takeovers by lenders could spike.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Private equity: Five lessons from the GFC

UP UNTIL the 2008 credit crunch, the conventional recipe for success in private equity (PE) was straightforward: Just pour in debt and stir. A generous dose of leverage typically spiced up the financi...

Unprecedented monetary stimulus in the aftermath of the global financial crisis and during the pandemic should provide fertile ground for distress investing. Excess capital is often misallocated and leads to wasteful and ill-advised investments.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Distress investing: Debt could magnify risks of market dislocations

In considering distressed opportunities, investors will need to discern whether companies are permanently impaired or can be turned around

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More