Evalueserve’s investment banking experts put together an in-depth review of how the industry fared in FY 2022 and where it’s expected to go in FY 2023. This report includes a round-up of the activities and performances of many major investment banks and M&A advisory firms.
In this article, we discuss how our automation efforts have brought exemplary gains in Investment Research using a data-extraction tool developed by the Emerging Markets (EM) team as a reference case.
Almost 80-85% of the post-menopausal women population in the world suffer from vasomotor symptoms (VMS) such as hot flashes, night sweats and other associated symptoms. However, due to the stigma and misinformation associated with women’s health and especially menopause, it still remains an area that is understudied in research, often misunderstood by healthcare providers and patients, and unaddressed by most healthcare policies.
Asia-Pacific (APAC) has not been immune from the global macroeconomic headwinds that built steadily throughout 2022. Now, the region is also
The OTT market, which was riding high on the analysts’ expectations pushed by the pandemic, remained subdued as pandemic restrictions were uplifted. The market is still growing but the growth rates do not match the previously announced expectations. It is anticipated to take another surge with the introduction of 5G services and 4K content, especially in emerging countries such as India.
The global financial services market underwent a significant change in 2022 as the world economy struggled to recover from the effects of a protracted epidemic. However, the deal volume from 2021 did not produce a straightforward figure that could be easily repeated. Therefore, as economic and geopolitical volatility took its toll, businesses appeared to have started concentrating on concluding the correct deals to support strategic growth and capital returns rather than expanding the volume of deals.
As a central driving force for precision medicine worldwide, the Personalized Medicine Coalition (PMC) noted that more than 220 FDA-approved therapies with a biomarker mentioned in the label as ‘essential’ or ‘recommended for prescribing’ were available in the US market between 2015 and 2021. Further fuelling the movement of value-based care, a drug-diagnostic co-development model has been significantly prevalent, leading to a consistently growing usage of companion diagnostics assays – to target patients expected to benefit most from targeted therapy. As of 2022, 40+ commercialized CDx assays were listed exhaustively in the FDA’s List of Cleared or Approved Companion Diagnostic Devices.
Due to supply shortages and the need for real-time data, procurement and supply chain officials are seeking data-driven decision-makers and AI-powered insights to optimize their strategies. The time for a digital transformation is now.
The US Federal Reserve’s monetary policy to tackle inflation has brought the government and the Treasury at odds with the Central bank. Bhashkar Upadhyay in his new blog has carefully noted down how “fiscal deficit” has become a point of contention among different stakeholders and how a failure to end the deadlock over the “debt ceiling” could have grave financial consequences on the markets.
Private equity (PE) has had a great run in the last couple of years. However, we expect the PE industry to return to normalcy in 2023 as investors continue to seek stable, high-return investment opportunities in the face of economic uncertainty.
Acute Myeloid Leukemia (AML) is a uniquely challenging disease in which 50-80% patients eventually relapse following induction and/or post-remission therapies and with 5-year survival rate of merely 30%. Drug development in AML has been challenging in the past, with multiple failures and modest commercial success.
The sharp decline in Global IPO activity in 2022 had a substantial impact on the financial markets, as it followed 2021.
The knock-on effects of COVID-19, labour force displacement, geopolitical uncertainties, and shortage of liquidity dominated discussion during 2022. The global healthcare industry is typically considered a recession safe haven, still faced financial strain due to these factors.
The team at Evalueserve, a provider of banking and advisory support services, is back with another iteration of our M&A Outlook Report, covering 10 Major M&A markets, as we move into 2023. M&A activity in 2022 took a drastic downward turn in the second half of 2022 driven by a global economic slowdown fueled by elevated inflation, higher financing costs and geopolitical conflicts.
The Evalueserve medtech team summarizes highlights from key medical devices and diagnostic players presented and discussed at JP Morgan Healthcare Conference 2023.
A Confidential Information Memorandum (CIM) is one of the first documents a buyer receives during the M&A process. It is a descriptive resume of the company curated by the M&A Advisor on the seller’s side.
Rare-earth Elements (REE) are not actually rare but are found across the globe in Asia, the Americas, Africa, and Australia. They are referred to as rare only because of the limitations in mining and refining processes.
A global investment bank headquartered in Switzerland partnered with Evalueserve for over a decade to improve the junior banking experience. Today, junior bankers at the investment bank are assisted by Evalueserve’s full Deal Automation Suite.
Our detailed analysis of the Global FIG M&A and Capital Markets landscape captures the probable answer through deep insights on Investors’ behaviour, Recovery of the banking sector, Key M&A themes…
In our detailed Q3 review of the global investment banking industry, we have discussed the M&A, ECM, and DCM markets, along with the performance of bulge bracket investment banks and M&A advisory firms.
Deal activity across the global healthcare industry remained low, a stark contrast to the economic buoyancy witnessed during the same period last year. Investors continued to adopt a cautious approach amid the uncertainties related to global growth outlook…
Global O&G M&A activity slightly decreased in Q3 2022 amid indication of current global slowdown; however, North American M&A activity is up. Current geopolitical tensions and energy security is impacting the oil and gas sector majorly.
In 2022, the prevalent geopolitical conditions and macroeconomic uncertainties caused a decline in broader market performance in general and the tech stocks declined to a high level, due to which sector experienced a downtrend in M&A and listing activity.
The risks to the M&A outlook for Asia Pacific markets are overwhelmingly tilted to the downside as rising prices continue to impact growth prospects worldwide. While taming inflation remains the top priority for policymakers, tighter monetary policies will inevitably have real economic costs.
The team at Evalueserve, a provider of banking and advisory support services, has undertaken research for the Over-the-Top (OTT) market globally and in India, covering Major Players and prominent modes of OTT streaming. The pandemic period has been a revelation for the industry with the market experiencing unprecedented increase in Market Size.
The global financial services market continued its frenetic pace of M&A and capital market activity at the start of 2022, keeping pace with a record-breaking 2021. However, it must be noted that the deal volume in 2021 did not yield an easy number that could be effortlessly replicated.
The first half of 2022 saw ~USD 2.2 trillion of M&A deals being announced, ~21% lower than the same period last year and the slowest opening six months for M&A in two years. Technology, financials, and industrials accounted for almost half the total deal value in the first half of 2022.
The team at Evalueserve, a provider of banking and advisory support services, is back with another iteration of our M&A Recovery Report, covering 10 Major M&A markets, as we move through 2022. M&A recovery in 2022 took a drastic downward turn from the blockbuster start witnessed in the previous quarter on the back of growing concerns of a global economic slowdown.
Deal making in the global healthcare industry has been relatively slow in 2022, compared with a blockbuster 2021. Investors were primarily forced to hold off on deal making because of the uncertainty regarding the global growth outlook.
SPACs took the world by storm in 2021, however it also attracted the attention of regulators along with investors. 2022 proved to be the year of deceleration for SPAC industry but possibly it will speed up again in 2023. Read more in our latest overview on SPAC
Cryptocurrencies have seen massive adoption and have become one of the hottest investment products for investors and asset managers alike. This increased uptake has been driven by its growth potential that it has demonstrated over the years.
A leading Canadian bank possessed a large model data set from disparate sources. Evalueserve cleaned, standardized, and transformed the data set.
The biggest challenge for investment bankers is speeding up turnaround time while working on detailed and informative pitchbook presentations. Investment banking clients of Evalueserve can take use of a full range of presentation design services, including the templates and layouts creation, formatting support, and the pitchbook support using our in-house bankers’ productivity suite – Pitchready.
As per financial data provider Preqin, dry powder of the buyout industry stood at $873 billion as of June 1, 2022. Overall it estimates that the investment industry reported $1.86 trillion of dry powder (up 3% from the end of 2021), excluding venture capital. Through the end of May 2022, Preqin said that firms have raised $92 billion and the total is projected to increase to $221 billion by year end.
A global investment bank headquartered in Japan encountered regulatory issues with its model monitoring. Together, the bank and Evalueserve created a model monitoring program.
Digital healthcare gained great prominence following the outbreak of COVID-19, as patients wanted to feel more empowered than ever before. Many venture funds stepped up to fund advanced digital health technology companies that were focused on AI-based data-driven connected technologies.
Despite sky-high fuel prices providing historic profits for suppliers – the IEA expects net revenue for the world’s oil and gas producers to double to an unprecedented $4tn – “investment in oil, gas, coal, and low-carbon fuel supply is the only area that, in aggregate, remains below the levels seen prior to the pandemic in 2019.
With the help of an Early Warning Indicators (EWI) system, banks could effectively monitor their lending portfolios and could execute timely and appropriate actions to mitigate any upcoming risk.
There are signs hinting at an impending bullwhip effect on supply chains, which could mean that supply chain managers need to recalibrate their decisions with respect to the new emerging market realities. As governments eased COVID-related restrictions, economies across the globe witnessed a demand surge. Businesses ramped up production to meet growing demand.
The first quarter of the year has been characterized by geo-political tension, inflationary concerns, and extreme market volatility. These have had a detrimental impact on the investment banking revenues of all the bulge bracket banks. The only light at the end of the tunnel seemed to be the ‘normalisation’ of interest rates and a heightened trading activity which served as a surprise bailout factor.
They wanted to partner to bring process excellence in their Credit Review function. A partner that could scale up staffing support on demand during surged period while maintaining the quality work was provided to client that helped with review of 8,000 borrowers and 20,000 loans per year.
M&A activity is down in Q1’22. Shift towards energy transition, building ESG strategies, and portfolio optimization will drive M&A activities in 2022.
Supply chain management is undergoing a paradigm shift. In the current market, supply chain managers are faced with a few key challenges – ensuring business / production continuity, building safeguards against future supply chain disruptions, and contributing to their organizations’ sustainability journeys.
After experiencing record growth and a strong M&A environment in 2021, the North American consumer and retail sector was hit by a series of macroeconomic headwinds in Q1 2022, including inflation and interest rates, supply chain disruptions, and the Russia-Ukraine conflict. Amid tightening labor market and rising incomes, inflation is increasing the pricing of consumer staples, leaving less money available for discretionary purchases.
ASCO 2022, the premier global event in oncology is around the corner. The conference provides an opportunity to explore the latest advancements in oncology. Our pre-conference preview provides strategic presentations from key players (AstraZeneca, Bristol-Myers Squibb, Merck & Co., Novartis, and Roche), top 6 discussed abstracts by oncologists, and spotlight sessions from trending themes (breast cancer, lung cancer, hematology-oncology and immunotherapy).
In Q1 2022, the global economy was affected by several factors such as inflation, high interest rates, and the Russia-Ukraine conflict. These factors also affected the technology sector as it experienced lower listing activity, and weaker stock performances and valuations. However, the sector’s long-term outlook is positive and it is expected to experience normalized growth for the remainder of 2022. This update covers the technology sector’s Q1 2022 performance and 2022 outlook.
The Cannabis Industry has been emerging as a multi-billion dollar industry with legalization continuing to evolve amid growing public support and favorable bills and acts. North America, one of the major contributors of the Global Cannabis Market generated a net sales of $22.9 billion in 2020 and is expected to grow in line with the Global CAGR of ~17% for the next 5 years and reach ~$50 billion by 2025.
The ongoing geo-political tensions, inflationary pressures, and extreme market volatility has halted investment banking revenues of the bulge bracket banks in the first quarter of 2022. However, advisory revenues remained robust as firms ramped up their internal pipelines and hired senior executives.
Shockwaves from the Ukraine Crisis and tightening of financial conditions have tested the Financial System’s resilience in 1Q’22. Deal activity across all the sub-sectors declined as investors traded cautiously while deploying their capital.
In a world of traditional banking when a customer applied for a loan, it took weeks to get to the loan approval decision. Traditional banks made the process seem as difficult as swimming across an ocean!
Fueled by rising geopolitical tensions in the wake of the Russia-Ukraine conflict, worsening macro-economic outlook, higher interest rates, and supply chain disruptions have all led to dampening investments activity, particularly in M&A hubs in Asia-Pacific including China, Japan, and South Korea.
EdTech has been around for two decades, but it gained prominence worldwide during the COVID-19 pandemic. Educational institutions were forced to adopt digital solutions to ensure learning continuity.
The start of 2022 has been in stark contrast to the economic buoyancy witnessed last year. Even though it has been almost two years since the outbreak of COVID-19, the pandemic is still proving to a challenge for governments across the globe.
In this industry expert we discuss what DI is, it’s advantages, challenges and how it can provide a competitive advantage for investors.
As we transition through the first quarter of 2022, the team at Evalueserve brings you another iteration of our M&A Recovery Report for eight major M&A markets. Click here to read deeper insights on M&A Trends and Outlook in Q1 2022.
Our detailed review of the Q1 2022 results of the US bulge bracket investment banks captures the key factors impacting growth and the potential path forward.
Largest independent provider of research and analytics support, with a strong focus on innovation.
Our detailed analysis of the 2021 Global Investment Banking review captures the trends in the M&A, ECM & DCM markets, and full year performance of bulge bracket investment banks & M&A advisory firms.
Asset and wealth management firms outsource processes such as research, sales, and marketing to improve their functioning and gain cost efficiency.
Our detailed analysis of the M&A and Capital Markets landscape captures deep insights into the investors’ behavior, consolidator’s dry powder, M&A appetite across sub-sectors, availability cash runaways, SPACs’ sustainability and key sectoral outlook, among others.
The ongoing Russia-Ukraine situation has created a dynamic scenario in which index providers must consider all the aspects impacted in index management and respond accordingly.
In 2020, the COVID-19 pandemic catapulted various organizations into the future, as businesses rapidly accelerated their digital transformation efforts.
In its recent meeting, the Fed signaled an end to its accommodative monetary policy in what could be the first hike in Federal fund rates since September 2018 after cutting it by 1.5 percentage points to 0.25% at the onset of the covid-19 pandemic in March 2020.
It has been almost two years since the outbreak of COVID-19, but the pandemic still rages on. Vaccine rollout and policy support have continued to witness divergence across regions. The consistent and equitable implementation of tools to control the pandemic continues to be a challenge for governments across the globe.
March 3, 2022
This session will share how procurement and supply chain teams can bring together all discrete pieces to elevate their impact and help their organization excel.
In this Oil & Gas Industry update, we discuss oil price rise due to opening of economies coupled with how vaccination programs roll out have fueled much needed impetus to the M&A drive in the sector.
EdTech is one of the fastest-growing sectors globally, with skills development solutions receiving the highest funding in 2020.
Evalueserve provided category and supplier intelligence for a multinational oil and gas company that had previously struggled with knowledge management.
Over the last couple of years, the COVID-19 pandemic has reshaped markets and sectors, especially in terms of consumer behavior.
Sustainable procurement integrates ESG factors into the business model to comply with environmental targets, eliminate waste in the supply chain, and promote fair labor policies.
With traditional offices undergoing rapid changes and market disruption prospects at an all-time high, real estate is one of the major industries at the cusp of rapid transformation.
As we approach the end of 2021 it seems that the Financial Services Industry’s pandemic driven headwinds have finally bottomed out.. The resurgence of ‘big ticket’ deals during the year has proved to be a light at the end of the tunnel after a difficult 2020.
In 2020, the technology sector pushed the Wall Street to get rid of the pandemic-led bear market and form a new bull market.
A top-five Canadian bank wanted to manage the seasonal surge volumes associated with its commercial lending experience while managing regulatory requirements on time.
The global mining sector is faced with dual challenges: depleting reserves amid growing demand and the need to transition to net-zero emissions.
Banking leaders face numerous challenges, from the ongoing global pandemic and an uncertain recovery to an accelerating digital transformation and a
M&A market sentiment in APAC seems cautiously optimistic and positive. Momentum in deal making activity has continued and led to a Y-o-Y growth of 78% and high growth in technology, energy and consumer space, seemed to be the common theme across capital markets.
Learn how Researchstream gives companies accesses to workflow and knowledge management technology solutions and drives success.
The existence of a “low-volatility anomaly” in Canadian equity markets
As the fight against COVID-19 continues, economic recovery across economies has been diverging due to differences in the pace of vaccine rollout and policy support. Mass vaccination drives by advanced economies are driving positive market sentiments.
A large U.S. bank reached out to our team, hoping we could save their bankers time on this repetitive task while improving the quality and consistency of their pitchbooks.
A global investment manager with over $800bn assets under management struggled with operational efficiency and marketing effectiveness.
Let’s look into an alternative to funding President Bidens new tax plan.
The London Inter-bank Offer Rate (LIBOR) is the most important rate globally, referencing nearly USD 370 trillion (as of 2018) equivalent of contracts that cover a myriad of products such as mortgages, bonds, and derivatives.
Bhashkar Upadhyay, Evalueserve’s, Financial Services lead analyst weighs in on President Joe Biden’s infrastructure plan.
LatAm M&A activity slowed in 2020 due to volatility caused by COVID-19. Deal volumes declined through most of Latin America in 2020.
A mid-tier advisory firm approached Evalueserve for a comprehensive assessment of its client, a retail company with stores across Spain, looking to increase its offerings and scale-up and renovate its existing stores.
Global super-cycles have historically coincided with industrialization / re-industrialization in specific sectors.
The spike in SPAC activity has two main causes: the increase in volatility in the markets due to the COVID-19 pandemic, making SPACs more appealing than traditional IPOs; and the large number of billionaire investors and bulge bracket banks sponsoring SPACs, which caught the attention of the public
The COVID-19 pandemic and related lockdowns brought the global M&A market to a halt in H1 2020. Both domestic and cross-border deals declined, amid the pandemic-induced uncertainties.
The International Accounting Standards Board (IASB) published the draft proposal of a new standard, General Presentation and Disclosures in December 2019, which is expected to replace the existing IAS 1.
In 2020, the technology sector witnessed the highest growth with more than 42% returns, which were more than double the returns (on average 18.9%) generated over the last decade
We take a look at the top 10 countries by M&A volume and evaluate how are they performing with regard to dealing with COVID-19 uncertainties, economic activity, and M&A deal making.
M&A in APAC increased by 15% in 2020 primarily due to a surge of activity in Q3 2020 and activity started recovering at the end of H1 2020; strong H2 2020 ensured double digit
growth for the full year.
The COVID-19 pandemic overwhelmed the world in 2020. No one anticipated the social and economic scenarios that unfolded in 2020. However, 2021 started on a positive note, with the rollout of the first phase of COVID-19 vaccination programs across many countries.
Fintech stocks outperforming other stocks in the FIG sub-sector and banking remains the most affected sub-sector due to deteriorating loan portfolios and low
interest rates
The COVID-19 pandemic severely affected the North American consumer and retail sector in 2020. The nature of consumer spending changed drastically in 2020, as shoppers focused on buying essential items, rather than non-essentials.
The banking industry’s creditworthiness remains closely tied to the economic performance of sovereign agents during times when the IMF and IDB forecast GDP losses between 8-10% for Latin America and the Caribbean in 2020.
COVID-19 has shut down large segments of the economy despite complete lockdowns being lifted in most countries, since negative effects caused by the disruption in supply chains and social-distancing restrictions has caused the risk of mass loan defaults to continue to mount.
If Standard Due Diligence cannot answer these questions, Enhanced Due Diligence (EDD) is required. If EDD is unable to answer these questions, the determination may be that the client relationship/transaction is not appropriate for the institution performing the due diligence.
Through our proposed solution, we see the addition of shame to financial institutions’ vocabulary as an essential tool to empathetically and respectfully reach those who have been greatly affected by the pandemic.
Strong Rebound in M&A in Q3 2020 with Value of Announced Deals up 41% Y-o-Y and strong ECM Activity across IPOs, Follow-ons, and Convertibles
SPACs have no commercial operations and are formed exclusively to raise capital via IPO, with the only purpose of acquiring an existing company, which generally is unidentified, within a predetermined period up to 24 months. After the acquisition, the acquired company automatically turns into a public company.
Most global asset managers have multiple market and competitive intelligence teams spread across the enterprise that is responsible for providing market insights.
The outbreak of COVID-19 has had a devastating effect on global economies. However, as the COVID-19 curve begins to flatten, economies across the world are starting to recover. Considering the current situation, consumer and retail companies are also preparing to operate in a new economic reality.
The six largest economies of LatAm – Argentina, Brazil, Chile, Colombia, Mexico and Peru – are among the top 12 countries with the most coronavirus cases in the world, which has led to negative GDP forecasts for 2020, depreciation of local currencies and deterioration in credit profiles.
Factsheet automations are only successful if they are supported by robust data processes.
The volume of M&A activity in APAC increased by 13% YTD compared to 2019 and aggregated to $585bn, primarily due to higher deal volumes in China and Japan.
We take a look at the top 10 countries by M&A volume and how they are faring with regard to COVID-19, their economy, and M&A dealmaking. We assign a recovery score indicating their extent of recovery so far and how much they need to do to achieve a pre-COVID-19 level of normalcy.
Before we delve into the post-pandemic scenarios, here is a quick recap of the developments in the LNG market: The first six months of 2020 were one of the most turbulent phases for the market.
Perpetual (always fresh) Know Your Customer (PKYC) is the ongoing process by which financial organizations continuously aggregate and update customer information with the aim to use it for risk management.
The disruption caused by the COVID-19 pandemic has severely affected the already debt-laden oil & gas companies. Many companies are finding it difficult to sustain amid the current crude price levels. This is leading to a growing wave of bankruptcies in the sector.
In this blog, we set out to test our hypothesis by tracking the returns of companies that facilitate remote working.
A mid-tier advisory firm, approached Evalueserve to conduct comprehensive assessments on buyers for their client.
A mid-tier corporate finance and restructuring advisory firm focused on the UK market was also facing these challenges.
Our Research and Development (R&D) team combined both intellectual property (IP) research and business research approaches to identify suitable FinTech companies and startups for the client.
RPA for Model Risk Management has become a rising topic in the risk and compliance space, as Model Risk Management (MRM) teams have started to look at the use of robotic process automation (RPA) to help ensure that their models are meeting regulatory requirements and the bank’s financial standards.
The global economy is still reeling under the pressure of the COVID-19 pandemic. Starting June 2020, many economies began lifting lockdown measures that were implemented to curb the spread of the virus.
Globally, the M&A activity slowed down in H1 2020, with USD1.2 trillion of deals announced during the period, which was the lowest first half value recorded since H1 2013. The number of announced deals during the period also declined to a six year-low.
