EQT Group’s Post

People talk about improving "competitiveness", but it's not clear what this means? Is this a domestically competitive market, which would feature lots of companies, high consumer choice, and creative destruction, or a globally competitive sector that would benefit from a few large firms that can compete with foreign giants? This interesting article may be in Conservative Home, but the point about being clear what our objectives are, and the tricky trade-offs between different objectives, is not specific to a political ideology. https://lnkd.in/g2PatCSr

Good evening all, I hope you have had an enjoyable bank holiday weekend. Please have a quick read of my weekly summary bullet points, and then have a read of our investment teams update. - Elon Musk paid a visit to China to meet the Premier Li Qiang to discuss Tesla's refocus on AI and its "robotaxi" service. Tesla's share price had fallen by almost a third in 2024 so far as it has lost ground to Chinese manufacturers and struggles with a global slow down in EV sales. - After the visit, Tesla's shares jumped 17% as Musk signed the Baidu smart car deal. This has paved the way for Tesla's semi-autonomous driving technology to be rolled out in China, the world's largest car market. - As interest rates have risen in Russia, top European banks that remain have paid €800mn in taxes to the Kremlin. - Russian energy giant Gazprom has seen year on year revenue's drop 30% as a fallout from the invasion of Ukraine and the bloc finding alternative sources of gas. - The median pay of an S&P 500 CEO rose 9% to $15.7mn over the last 12 months. In contrast, the median pay of FTSE 100 CEO's rose 4% to £4.5mn in 2023, leaving concern that talent will be attracted away from the UK. - Inflation in Europe's largest economy, Germany, rose from 2.3% to 2.4% in April cooling expectations of rate cuts this year. - Europe would need to impose up to 50% tariffs on Chinese imports of EV's into the bloc to make the EU market unattractive. Chinese EV brand's market share rose fourfold last year to 8%, and is set to hit 11% by the end of this year. - Second hand clothes site Vinted posted an annual profit for the first time. Europe's largest online market place for used clothes made a net profit of €18mn compared to a loss of €20mn in 2022. - Mortgage approvals in the UK hit an 18 month high in March at 61,300, up from 60,500 in February. - BlackRock, the world's largest asset manager, has agreed a deal to launch a Saudi based firm with a $5bn mandate from the kingdom's Public Investment Fund. The goal is to attract additional overseas capital to Saudi Arabia and deepen its capital markets. - Net inflows at St James's Place fell to just over £700mn in the 3 months to the end of March, down from £2bn a year ago. This figure is £200mn lower than they were expecting coming off the back of the recent turmoil over their fees, service and performance. Their share priced closed 2.1% down on Tuesday. - The Bank of Japan (BoJ) spent $35bn on Monday to prop up the Japanese Yen as it fell to 34 year low against the USD of 160 Yen to the Dollar. This was caused by news that the US will likely keep interest rates higher for longer and the BoJ not wanting to raise borrowing costs after March's move away from negative interest rates. -Natwest, Lloyds, Barclays and Santander collectively received £9.23bn in interest on deposits held by the central bank in 2023, more than double the amount they received in 2022.

My take on were we should be in #antitrust enforcement posture given the #polycrisis which has upended the way we think about #industrial_policy, #trade and #inflation. Antitrust is potentially a supercharged economic policy tool that presides over the reallocation of assets in the economy and the conduct of very powerful actors. Policy in these other fields is undergoing significant paradigm shifts, with antimonopoly underpinnings. The Global South has a growing voice including on digital rules. So is antitrust immanent? The notion it is a technocratic specialist field in which we achieved wisdom once and for all is just a-historic at this point. Think of this as the hors d'oeuvre to my conference on 31 January: #Antitrust, #Regulation and the #NextWorldOrder. Part 2 in replies below.

Insightful read from techUK on the upcoming pivotal elections and the potential opportunities and challenges they bring. Businesses are advised to stay vigilant and be proactive in managing the evolving risk landscape. If you're seeking to build a strategic risk framework to stay ahead, reach out to discuss how Marsh can support - vivien.cooper@marshcommercial.co.uk #globalelections2024 #riskstrategy

How an election-packed 2024 is shaping up for world markets https://zurl.co/BXJL #GlobalMarketWatch #ElectionEconomics #MarketImpact2024 #PoliticalMarketTrends #WorldMarketElections #ATnews #amaravati #amaravatitoday #ATBusiness

It seems like the headlines are dominated currently by election news, and in particular, the #USelection is grabbing the spotlight. My colleagues in Quantitative Investments have just put out a fascinating data visualization on a major topic in the election: the accumulation of national debt. Turns out, the US is at wartime levels currently. But when it comes to accumulating debt, does it matter which party is in power? Take a look at the graphic to find out, and read the article about how the US election may affect markets overall⬇️⬇️⬇️

Recent EU and UK Competition and Markets Authority actions underscore the heightened scrutiny of no-poach and wage-fixing agreements. Companies must be extra careful when discussing their approach to these challenges. Click below to read #TeamSPB's overview of the evolving enforcement trends - with considerations across multiple European jurisdictions.

Recent EU and UK Competition and Markets Authority actions underscore the heightened scrutiny of no-poach and wage-fixing agreements. Companies must be extra careful when discussing their approach to these challenges. Click below to read #TeamSPB's overview of the evolving enforcement trends - with considerations across multiple European jurisdictions.

Are you now wondering how political shifts and emerging markets may shape your investment strategy? #politicalshifts #investmentstrategy #financialplanning #markettrends #investmentopportunities #westbrookeassociates

#172 State of the Union 2025: Future Perspectives and Policies! 🇺🇸✨ 🔗 To get started, click this link: https://spi.ke/mc25 👈👈👈 🇺🇸🎙️ Exciting news! The State of the Union Address for 2025 is on the horizon, a pivotal moment where national strategies and policies are unveiled. 🏛️ Investors, buckle up as this address could have a substantial impact on various sectors in the stock market. The State of the Union Address tends to address critical issues affecting the economy, infrastructure, healthcare, and more. 📈 Investors closely follow these announcements as they could signal changes in regulations, stimulus plans, or industry-focused initiatives. Stay tuned for insights and analysis on how the State of the Union Address might influence investor sentiments and shape investment strategies moving forward! 🌐💡 #StateOfTheUnion2025 #StockMarketImpact #InvestmentInsights #spiking #drclemenchiang #stocksinvesting