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Special Purpose Acquisition Companies (SPACs)
Monday 10 May 2021
Market News
After the current clean-up of market excess, we believe the most expert sponsors will emerge as winners, while inexperienced ones, that entered the market on the wave of the SPAC success, will be challenged. Until this process is over investors should be cautious on SPACs.
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(Week 1st April - 5th April)In this edition of Amundi's Weekly Market Directions: Rotations at play in equity markets In a strong start to the year, equity markets showed signs of rotation in favour of Europe and Japan. European equities may benefit from their valuation appeal, while Japan from the domestic investor demand. During the week, tensions in the Middle East pushed oil to the highest level since October. Download the Weekly Market Directions (EN)