In today’s briefing:
- Softbank Group – A Strong Dollar Is Good News with 87% of Assets Overseas
Softbank Group – A Strong Dollar Is Good News with 87% of Assets Overseas
- Shares are now up 1% in the quarter despite investment losses as 87% of assets are US$-linked
- A recovery for Alibaba, reports of ARM monetization and the $2bn sale of its stake in Cruise has eased leverage concerns with LTV back to 22% and CDS prices falling
- This report includes detail on Softbank dollar exposure, calculations for LTV on a quarterly and daily basis and updates to our usual NAV discount/VF performance tables
Before it’s here, it’s on Smartkarma