May 11, 2021
Blank-check transactions have slowed as compared to prior quarters, but that fact alone is not a commentary on the viability of the asset class itself.
Investors that sense opportunity with special purpose acquisition companies (SPACs) but are concerned about the recent cooling in the segment may want to consider deploying active management with the
“The pace of new special purpose acquisition company, or SPAC, deals may seem to have slowed in the second quarter of 2021, but we believe SPACs are here to stay,” says Morningstar analyst Ruth Saldanha. “PitchBook data has seen 13 SPACs tracked so far closing between April 1 and April 15, 2021, on top of 316 in first-quarter 2021. And many more are expected.”
What If All My Friends are Cashing Out?
morningstar.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.co.uk Daily Mail and Mail on Sunday newspapers.
February 2, 2021
The blank-check boom is rolling on, with enthusiasm for special purpose acquisition companies (SPACs) reaching a fevered pitch. Investors looking to get in on the action with exchange traded funds may want to consider active management with the
The new ETF holds a mix of companies born out of reverse mergers, with blank-check companies as well as SPACs that haven’t yet announced deals.
“In 2020 there were close to 250 special purpose acquisition companies, or SPACS, which raised more than $83 billion, with an average size of $334 million, according to spacinsider.com. So far this year, the count is already at 75,” writes Morningstar analyst Ruth Saldanha.
Editor’s note:Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it.
Ruth Saldanha: If you re closely watching the markets in 2020, you may have noticed that uranium has been steadily rising. Morningstar analyst Kristoffer Inton believes that because of the pandemic and because of the results of the 2020 presidential election, the prices of the commodity have risen. But can that continue? He s here today to share his thoughts. Kris, thank you so much for being here today. Kristoffer Inton: Thanks for having me. Saldanha: First up, the price of uranium rose sharply at the beginning of the pandemic. It fell a little and then it rose again. What was the reason for this first initial price fluctuation?