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Servicios

Corporate Finance

Desde 1990, Mirabaud ofrece una amplia gama de servicios de asesoramiento y ejecución a un creciente número de empresas cotizadas y privadas. Su oferta comprende análisis financiero, servicios de ejecución, conocimiento especializado en mercados de capitales, financiación e intermediación institucional.

 

Corporate Finance Resumen

CORPORATE FINANCE

Resumen

Mirabaud ofrece una amplia gama de servicios de corporate finance y asesoramiento financiero, con el objetivo de ayudar a nuestros clientes a cumplir sus objetivos estratégicos. Gracias a que operamos desde los principales centros financieros internacionales, Mirabaud también ofrece a los inversores institucionales un análisis independiente de renta variable, tanto de los principales sectores como de compañías de segmentos nicho. De igual forma, ofrecemos servicios de ejecución con la máxima eficiencia gracias a los sistemas de última generación que hemos desarrollado.

Corporate Finance

Desde 1990, Mirabaud ofrece una amplia gama de servicios de asesoramiento y ejecución a un creciente número de empresas cotizadas y privadas. Su oferta comprende análisis financiero, servicios de ejecución, conocimiento especializado en mercados de capitales, financiación e intermediación institucional.

 

Presencia global

Mirabaud ha crecido significativamente en su actividad como asesor e intermediario de confianza en los mercados financieros gracias a un asesoramiento independiente que se ajusta a los intereses y objetivos de los clientes y a su excelente calidad de ejecución. El Grupo ofrece servicios de Corporate Finance en Londres, Ginebra, Zúrich, París y Madrid.

 

Corporate Finance

Contacto

Geneva

MIRABAUD SECURITIES LIMITED

29, Boulevard Georges-Favon
1204  Geneva
Suiza
Corporate finance

  • +41 58 816 22 22

  • +41 58 816 96 60
Enviar un mensaje

London

MIRABAUD SECURITIES LIMITED

5th Floor 10 Bressenden Place
SW1E 5DH  London
Reino Unido
Corporate finance

  • +44 20 3167 7150

  • +44 20 3167 7155
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Madrid

MIRABAUD SECURITIES LIMITED, SUCURSAL EN ESPAÑA

Calle Fortuny 6, 2ª Planta
28010  Madrid
España
Corporate finance

  • +34 91 793 78 00

  • +34 91 531 70 93
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Paris

MIRABAUD ADVISORS FRANCE SAS

Spaces 54-56, avenue Hoche
75008  Paris
Francia
Corporate finance

  • +33 1 44 21 61 00
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Zurich

MIRABAUD SECURITIES LIMITED

Claridenstrasse 26
8002  Zurich
Suiza
Corporate finance

  • +41 58 816 89 00

  • +41 58 816 98 28
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The View

Nuestras últimas noticias

Cada día, nuestros expertos ofrecen una nueva perspectiva sobre temas, sectores y mercados para ayudarle a mantenerse a la vanguardia.

The current global economic backdrop has resulted in an acceleration in the pace of C-Suite executives jumping ship. On the other hand, company boards are having to assess the inbound economic hurdles and prepare for a potential downturn by hiring executives that are experienced in being defensive through a recession, taking costs out of the business and restructuring operations.

This has several consequences for investors, not least because it highlights the ‘G’ in ESG. But bringing in a new management team can often be a way of clearing the decks and kitchen sinking guidance, which could lead to a more confessional earnings outlook in the hope of passing any bad news on with the departing management. The pace of the departures may not be coincidental with the fact that companies need to start thinking about 2023 guidance. Beyond this, changing management causes disruptions to operations especially if they do not have a replacement lined up, which in turn can dent investor confidence and ultimately lead to share price declines. This means that investors must be even more forensic in their assessment of a companies’ management and be wary of those sectors that have higher churn.

Compiling data on CEO and CFO movements across the NASDAQ Composite, S&P500, STOXX600 and FTSE100 indices we have found that the Health Care and Technology sectors generally see the highest management re-shuffles whilst Materials, Energy, Real Estate and Utility companies see significantly less top management movement.

Last year was itself big for top management changes, however, 2022 is not far behind and on a monthly viewpoint, the pace of executive changes has moved significantly higher than in the prior year, suggesting 2022 could finish higher. Finally, comparing C-Suite movements of today versus the GFC (Global Financial Crisis), we notice that not only is the level of movement 5x or 6x higher but also that in the GFC, more CEOs were changed than CFOs. There is a myriad of reasons as to why this could be, for example, from an investor perspective the changing of a CFO is seen as less damaging than changing the CEO or perhaps in a financial world dominated by the minutiae of financial models, investors place more responsibility on the CFO than CEO. For 2022, we suspect greater importance is being placed on having a CFO who is experienced with cost control and balance sheet management.

The pace of the change has stepped up in recent months and investors need to be mindful. Gauging the reason for the change is perhaps more important now than ever before as it could be used to mask an underlying decline within the business or in anticipation of a wave of cuts and operational reorganising. Indeed, the ‘G’ in ESG becomes more prevalent at a time of economic decline.   

Información importante

Por favor no dude en comunicarse con su persona de confianza en Mirabaud o contáctenos aquí si este tema es de su interés. Junto a nuestros dedicados especialistas estaremos encantados de evaluar sus necesidades personales y discutir posibles soluciones de inversión adaptadas a su situación.

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