Asset managers and investment funds are among the main holders of low-rated collateralized loan obligations. Given the increasing risks of a sustained global economic downturn as a result of Covid-19 highly leveraged companies could face difficulties in servicing their debt, with possible downgrades to high-yield bonds. There are pockets of high leverage in the (alternative) […]
Valuation
Ocean Tomo Welcomes Manish Das, Managing Director, Risk & Regulatory Compliance and Complex Financial Instruments Valuation
Manish Das recently joined Ocean Tomo as part of Ocean Tomo’s practice expansion plan focused on building Ocean Tomo’s scope of services in the area of risk management and regulatory compliance. Intangible assets comprise more than eighty percent of business value but are also subject to significant impairment due to enterprise and regulatory compliance risk. Ocean […]
Will Facebook Grow Into Their Valuation?
Everyone knows the metrics by now, the end of Facebook’s first day of trading: Market Cap = 112.6 bln.; 107x last twelve months (LTM) earnings; 26x LTM revenue. That’s a whole lot of expectation to fulfill. How will Facebook grow into that valuation? What is discussed most frequently is the addition of a next generation […]