\n Investitorii \u00een vehicule cu cecuri \u00een alb sunt preg\u0103ti\u0163i pentru o cre\u015ftere a lichidit\u0103\u0163ilor de p\u00e2n\u0103 la 75 de miliarde de dolari \u00een urm\u0103toarele \u015fase luni, deoarece societ\u0103\u0163ile de achizi\u0163ii cu scop special care au fost scoase la burs\u0103 \u00een plin boom al list\u0103rilor sunt obligate s\u0103 \u00ee\u015fi returneze banii, scrie FT. <\/p>\n
\nCre\u015fterea a\u015fteptat\u0103 a lichid\u0103rilor SPAC va elimina unele dintre ultimele r\u0103m\u0103\u015fi\u0163e ale uneia dintre cele mai extreme frenezii de pe pia\u0163\u0103 din ultimii ani, oferind \u00een acela\u015fi timp o injec\u0163ie binevenit\u0103 de numerar multor investitori care au fost afecta\u0163i de pierderi \u00een urma declinului general al pie\u0163ei din acest an.<\/p>\n
\nSpac-urile urm\u0103resc s\u0103 utilizeze veniturile ob\u0163inute din listarea la burs\u0103 pentru a c\u0103uta companii private pe care s\u0103 le scoat\u0103 la burs\u0103, dar majoritatea au la dispozi\u0163ie un termen limit\u0103 de doi ani pentru a \u00eencheia o achizi\u0163ie \u00eenainte de a trebui s\u0103 returneze investitorilor toate fondurile ob\u0163inute, dac\u0103 nu solicit\u0103 o prelungire.<\/p>\n
\nConform datelor Spac Research, p\u00e2n\u0103 la sf\u00e2r\u015fitul lunii februarie, expir\u0103 aproape 75 de miliarde de dolari, iar \u00een martie vor mai fi lansate alte 36 de miliarde de dolari.<\/p>\n
\n“Este un lucru \u00eembucur\u0103tor pentru pia\u0163\u0103, banii se vor \u00eentoarce pe pia\u0163a de ac\u0163iuni \u00een general, deoarece nu mai exist\u0103 Spac-uri \u00een care s\u0103 se \u00eentoarc\u0103”, a declarat un bancher senior care a ajutat companiile cu cecuri \u00een alb s\u0103 str\u00e2ng\u0103 numerar \u015fi s\u0103 g\u0103seasc\u0103 tranzac\u0163ii.<\/p>\n
\nInvestitorii au b\u0103gat peste 250 de miliarde de dolari \u00een companiile cu cecuri \u00een alb de la \u00eenceputul anului 2020, dar entuziasmul a sc\u0103zut dup\u0103 o serie de dezam\u0103giri de profil \u00eenalt \u015fi o reprimare din partea autorit\u0103\u0163ilor de reglementare.<\/p>\n
\nFondurile speculative au fost printre cei mai mari investitori \u00een IPO-urile Spac. Unii au investit prin intermediul unor vehicule multistrategie, \u00een timp ce al\u0163ii au \u00eenfiin\u0163at fonduri dedicate. Un senior prime broker a declarat c\u0103 banii investi\u0163i prin intermediul acestor fonduri vor fi probabil returna\u0163i partenerilor limita\u0163i, cum ar fi fondurile de pensii \u015fi dot\u0103rile universitare. \u00centre timp, fondurile multistrategie vor putea redistribui banii \u00een alte domenii – sau vor putea satisface cererile de r\u0103scump\u0103rare din partea finan\u0163atorilor care au fost speria\u0163i de pierderile \u00eenregistrate \u00een alte domenii.<\/p>\n
\n\u00cen medie, fondurile speculative au dep\u0103\u015fit performan\u0163a S&P 500 p\u00e2n\u0103 \u00een prezent \u00een acest an, dar performan\u0163a a sc\u0103zut \u00een medie cu 6,8% \u00een al doilea trimestru, potrivit Citco, investitorii retr\u0103g\u00e2nd o sum\u0103 net\u0103 de 7,8 miliarde de dolari.<\/p>\n
\n“Spa\u0163iile care nu au g\u0103sit o tranzac\u0163ie au dep\u0103\u015fit \u00een acest an majoritatea strategiilor \u00een afara strategiilor macro \u015fi [quant]”, a declarat brokerul. “Observ\u0103m o cre\u015ftere \u00een jurul r\u0103scump\u0103r\u0103rilor investitorilor, a\u015fa c\u0103 acest lucru ar putea ajuta la sus\u0163inerea unora dintre acestea”.<\/p>\n
\n“Vor fi \u00eenc\u00e2nta\u0163i s\u0103 aib\u0103 banii \u015fi \u00eenc\u00e2nta\u0163i c\u0103 nu i-au pus la treab\u0103 \u00een tehnologie”, a spus un avocat de pe pie\u0163ele de capital. “Este posibil ca “contul de economii for\u0163ate” Spac s\u0103 fi fost cea mai norocoas\u0103 investi\u0163ie pe care mul\u0163i dintre ei au f\u0103cut-o vreodat\u0103.”<\/p>\n
\nO parte din c\u00e2\u015ftigul nea\u015fteptat pentru investitori ar putea veni mai devreme dec\u00e2t era programat, deoarece ace\u015ftia \u00eencearc\u0103 s\u0103 evite s\u0103 fie lovi\u0163i de noile norme fiscale.<\/p>\n
\n <\/p>\n","protected":false},"excerpt":{"rendered":"
Investitorii \u00een vehicule cu cecuri \u00een alb sunt preg\u0103ti\u0163i pentru o cre\u015ftere a lichidit\u0103\u0163ilor de p\u00e2n\u0103 la 75 de miliarde de dolari \u00een urm\u0103toarele \u015fase luni, deoarece societ\u0103\u0163ile de achizi\u0163ii cu scop special care au fost scoase la burs\u0103 \u00een plin boom al list\u0103rilor sunt obligate s\u0103 \u00ee\u015fi returneze banii, scrie FT. Cre\u015fterea a\u015fteptat\u0103 a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[7633,161],"class_list":["post-207918","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-investitori","tag-miliarde"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/207918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=207918"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/207918\/revisions"}],"predecessor-version":[{"id":207943,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/207918\/revisions\/207943"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=207918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=207918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=207918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}