European Event-Driven Analyst

Jesus Rodriguez Aguilar

Jesús is an Insight Provider (Event-driven) on the Smartkarma network, where he looks across sectors at opportunities arising from securities mispricing (both credit and equity), share classes, bid announcements, prospective bids, and special situations. He has served as Economic and Business Advisor at the Spanish Congress in Madrid. Prior to that, he has worked in the City of London: as a Credit Analyst at Bloomberg; Event-driven associate at former boutique European Research; and doubled as Special Situations and Equity-linked VP (convertible bonds) at Merrill Lynch. Jesús has an MBA from the London Business School, a BA (Hons.) degree in Economics from the Complutense University in Madrid, and a BA (Hons.) in Law from U.N.E.D., also in Madrid.

Liquid Universe of European Ordinary and Preferred Shares: October‘23 Report

Liquid Universe of European Ordinary and Preferred Shares: November‘23 Report

Liquid Universe of European Ordinary and Preferred Shares: December‘23 Report

Liquid Universe of European Ordinary and Preferred Shares: August‘23 Report

Media for Europe: Catalyst for Tightening of the Discount of A Shares

Liquid Universe of European Ordinary and Preferred Shares: July‘23 Report

Liquid Universe of European Ordinary and Preferred Shares: June‘23 Report

Event-Driven

<ul>
<li>Since mid-August, spreads have not followed a clear pattern across our European liquid universe of ordinary and preferred shares (10 have tightened, 9 widened).</li>
<li>Recommended trades long preferred / short ordinary shares: Carlsberg, Media-for-Europe, Sixt, <strong>Volkswagen</strong> (probably the most interesting situation), Grifols, Atlas Copco.</li>
<li>Possible trades long ordinary / short preferred shares: Fuchs, Henkel, Schindler, SSAB Svenska Stal.</li>
</ul>


Since mid-August, spreads have not followed a clear pattern across our European liquid universe of ordinary and preferred shares (10 have tightened, 9 widened).
Recommended trades long preferred / short ordinary shares: Carlsberg, Media-for-Europe, Sixt, Volkswagen (probably the most interesting situation), Grifols, Atlas Copco.
Possible trades long ordinary / short preferred shares: Fuchs, Henkel, Schindler, SSAB Svenska Stal.


Danieli & C. Officine Meccaniche (DAN IM)

Mediaset España Comunicación, S.A. (TL5 SM)

Telefonaktiebolaget Lm Ericsso (ERICB SS)

Liquid Universe of European Ordinary and Preferred Shares: September‘23 Report

Volkswagen (Pref)

Liquid Universe of European Ordinary and Preferred Shares: September‘23 Report