26 Mar Industry Analysis: Semiconductor Industry
Our Equity Research team has just released its first thematic report for the semester. This semester we have focused our attention on the semiconductor industry. The objective of this report is...
Reports
15 Mar Global Outlook – Investment Research – March 2024
Global Outlook - March 2024 is out! The first section of the report continues to provide a comprehensive analysis of macroeconomic trends, geopolitical evolutions, and recent developments that are currently influencing...
04 Mar Coherent Risk Measures – Quantitative Research
We are proud to present the report from our Quantitative Research division! During this semester the Quantitative Research team explored coherent risk measures and their mathematical properties. In this report they...
30 Dic The Effects of Monetary Policy on Social Inequality – Macro Research
Our second Macro report of the semester is now available! Following the Global Financial Crisis and the implementation of unconventional monetary policies by central banks, there have been concerns regarding the...
28 Dic MIMS – Multi-Asset Global Opportunities Fund (Report December 2023)
The ultimate goal of this Fund is to achieve long-term growth whilst controlling volatility. To that end, this portfolio comprises a multitude of highly diversified securities with the possibility, in...
23 Dic MIMS – Italian Equity PIR Fund (Report December 2023)
The ultimate goal of the Fund is to achieve long-term capital growth by outperforming its benchmark. This portfolio has been built to be compliant with a PIR strategy, which grants...
21 Dic MIMS – Diversified Passive Selection Fund (Report December 2023)
The fund is composed of a range of Exchange Traded Funds selected by the Portfolio and Quantitative Research teams. These ETFs aim at replicating as closely as possible the performance...
19 Dic MIMS – Long Short Equity Fund (Report December 2023)
The fund is actively managed by Minerva IMS, based on a zero-net investment «multi-factor» strategy. The long-short structure implies a market-neutral exposure and limited correlation to the main market indexes,...
16 Dic Trimble Inc. – Equity Research
Our Equity Research team has just released its fourth analysis for this semester! The company analyzed in our equity research report is Trimble, which is a leading American technology solutions provider...
12 Dic Global Outlook – Investment Research – December 2023
Global Outlook - December 2023 edition has arrived! Our latest report from the Investment Research division is structured in two distinct sections. The first section delivers an in-depth analysis of the...
27 Nov Global Macroeconomic Outlook – Macro Research
Our first Macro report of the semester is now available! The surge in inflation and the emergence of new geopolitical realities are introducing additional uncertainty into global scenarios. How do these...
24 Nov AGCO Corporation – Equity Research
Our Equity Research team has just released its third analysis for this semester! The company analyzed in our equity research report is AGCO, which is a leading global manufacturer and distributor...
13 Ott Deere & Company – Equity Research
Deere & Company, also known under the brand John Deere (headquartered in Moline, Illinois, USA), is a globally recognized powerhouse in the agricultural, construction, and forestry machinery sectors. The company...
10 Ott Industry Analysis: Precision Agriculture with JEME
Our Equity Research team has just released its first thematic report for the semester, realized in collaboration with JEME Bocconi Studenti. #PrecisionAgriculture is a modern farming approach that uses technology like GPS, sensors,...
09 Ott Global Outlook – Investment Research – October 2023
The Investment Research Division responsible of monitoring relevant market trends in order to periodically update the association’s view and recommend the optimal exposure to the main asset classes across different...
15 Giu Options pricing with Monte Carlo simulations – Quantitative Research
The paper is focused on options pricing methods using Monte Carlo simulations, exploring the theory and practice of different Monte Carlo methods for valuing options contracts, with a particular focus...
10 Giu Different approaches to measuring inflation expectations – Macro Research
Our first Macro report is out! This semester, the Macro research team dedicated its efforts to studying inflation expectations. In our first report titled "Inflation Expectations: Rationality Concerns and Forecasting Methods,"...
09 Giu Inflation expectations, rationality concerns and forecasting methods – MACRO RESEARCH
This semester, the Macro research team dedicated its efforts to studying inflation expectations. In our first report titled "Inflation Expectations: Rationality Concerns and Forecasting Methods," we delve into the topic...
03 Giu Allego – Equity Research
Allego N.V. operates as an electric vehicle (EV) charging company. The enterprise offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy...
31 Mag MIMS – Diversified Passive Selection Fund (Report May 2023)
The fund is composed of a range of Exchange Traded Funds selected by the Portfolio and Quantitative Research (Risk) teams. These ETFs aim to replicate as closely as possible the...
30 Mag MIMS – Italian Equity PIR Fund (May 2023)
The Italian Equity PIR Fund is an actively managed fund by Minerva Investment Management Society, exclusively made of Italian Equity and following an investment solution known as PIR, Piano Individuale...
27 Mag MIMS – MULTI-ASSET GLOBAL OPPORTUNITIES FUND (REPORT MAY 2023)
The ultimate goal of this Fund is to achieve long-term growth whilst controlling volatility. To that end, this portfolio comprises a multitude of highly diversified securities with the possibility, in...
24 Mag MIMS – Long Short Equity Fund (Report May 2023)
The fund is actively managed by Minerva IMS, based on a zero-net investment «multi-factor» strategy. The long-short structure implies a market-neutral exposure and limited correlation to the main market indexes...
30 Apr ChargePoint Holdings – Equity Research
ChargePoint Holdings Inc. operates as an electric vehicle charging network provider. It designs, develops and markets networked electric vehicle charging system infrastructure and its Cloud Services enable consumers the ability...
28 Apr Tesla – Equity Research
Tesla Inc., based in Austin, Texas, designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, also offering ancillary services. The company generally sells...
27 Apr Industry Analysis: Electric Vehicle Infrastructure
The objective of this report is to provide a contextual framework for the upcoming equity valuations which will encompass an analysis of companies operating within this industry....
19 Apr Global Outlook – April 2023 – Investment Research
The Investment Research Division responsible of monitoring relevant market trends in order to periodically update the associa:on’s view and recommend the op:mal exposure to the main asset classes across different...
02 Gen MIMS – LONG SHORT EQUITY FUND (REPORT DECEMBER 2022)
The fund is actively managed by Minerva IMS, based on a zero-net investment «multi-factor» strategy. The long-short structure implies a market-neutral exposure and limited correlation to the main market indexes...
28 Dic MIMS – DIVERSIFIED PASSIVE SELECTION FUND (REPORT DECEMBER 2022)
The fund is composed of a range of Exchange Traded Funds selected by the Portfolio and Quantitative Research (Risk) teams. These ETFs aim to replicate as closely as possible the...
21 Dic Measuring and Exploiting Volatility Risk Premium – Markets and Alternatives Research
In the December report the team investigated further in what the Macro team highlighted: volatility increased and affected equity market after the Russian-Ucranian conflict. Based on current and past data,...
21 Dic Palo Alto Networks – Equity Research
Palo Alto Networks, Inc. is a global cybersecurity provider. The Company enables enterprises, service providers, and government entities to secure all users, applications, data, networks, clouds and devices with visibility...
20 Dic Kinder Morgan – Equity Research (Minerva x SGFER)
This article is an analysis of the Kinder Morgan Stock in which we present both a buy-side and sell-side perspective. Kinder Morgan is a leading North American energy infrastructure company...
12 Dic STMicroelectronics – Equity Research
STMicroelectronics N.V. (referred also as St or StMicro) is a Dutch multinational corporation and technology firm operating in the Semiconductors industry. It was founded in 1987 as the result of...
09 Dic MIMS – MULTIASSET GLOBAL OPPORTUNITIES FUND (REPORT DECEMBER 2022)
The ultimate goal of this Fund is to achieve long-term growth whilst controlling volatility. To that end, this portfolio comprises a multitude of highly diversified securities with the possibility, in...
07 Dic Do sanctions work? A theoretical and empirical approach to analyze the effectiveness of sanctions against Russia – Macro Research
Do sanctions against Russia actually work? Which factors matter to design and implement optimal sanctions? What are sanctions effects on the markets? What are the possible future scenario after the...
04 Dic Lockheed Martin Corp. – Equity Research
Lockheed Martin Corporation is an American aerospace and defense firm. The company is the largest defense contractor in the world, with over half of its annual sales being to the...
13 Mag MIMS – MULTIASSET GLOBAL OPPORTUNITIES FUND (REPORT MAY 2022)
The ultimate goal of this Fund is to achieve long-term growth whilst controlling volatility. To that end, this portfolio comprises a multitude of highly diversified securities with the possibility, in...
10 Mag MIMS – LONG SHORT EQUITY FUND (REPORT MAY 2022)
The fund is actively managed by Minerva IMS, based on a zero-net investment «multi-factor» strategy. The long-short structure implies market neutral exposure and limited correlation to the main market indexes...
09 Mag Leggett & Platt Inc. – Equity Research
Leggett & Platt, Inc. engages in the manufacture and distribution of furniture, engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding,...
06 Mag MIMS – DIVERSIFIED PASSIVE SELECTION FUND (REPORT MAY 2022)
The fund is composed of a range of Exchange Traded Funds selected by the Portfolio and Quantitative Research (Risk) teams. These ETFs aim to replicate as closely as possible the...
03 Mag Danone – Equity Research
Danone SA is a France-based food and beverage company with an international presence. The company operates through three business units: Essential Dairy and Plant-Based Products (EDP), Waters, and Specialized Nutrition. ...
01 Mag The end of Pax Europea – Macro Research
The Russia-Ukraine Crisis has been disrupting the world economy over the past three months. Minerva's Macro Research team investigated the matter thoroughly, trying to identify its causes, the European reactions...
01 Mag Royal Caribbean – Equity Research
Royal Caribbean Cruises Ltd, is an American-based cruise holding company that owns and operates three global cruise vacation brands, including Royal Caribbean International, Celebrity Cruises and Silversea Cruises. It also...
14 Dic WeBuild S.P.A. – EQUITY RESEARCH
Webuild S.p.A. is an Italian-based company engaged in the construction sector. The Company specializes in the construction of infrastructure projects throughout the world. The projects include the construction of road...
11 Dic MIMS – MULTIASSET GLOBAL OPPORTUNITIES FUND (REPORT DECEMBER 2021)
MIMS – Multi Asset Global Opportunities Fund is an actively managed fund by Minerva Investment Management Society, based on environmental, social, and governance (ESG) criteria. The ultimate goal of this portfolio is to achieve...
11 Dic MIMS – DIVERSIFIED PASSIVE SELECTION FUND (REPORT DECEMBER 2021)
The Passive Fund is composed by a number of Exchange Traded Funds selected by Minerva Investment Management Society, reflecting the output of the research of the Passive Portfolio Team. These...
10 Dic Nexi S.p.A. – Equity Research
Nexi is an Italian based company and a leading player in Europe in the digital payment industry. The company is expanding its business in Europe through its recent acquisitions of...
07 Dic The 2021 ECB Strategy Review: analysis and implications
The ECB strategy review was announced on the 8th of July 2021. There are two main innovations that the new strategy brings to the field: a specific inflation target of two...
06 Dic Infrastrutture Wireless Italiane S.p.A. – Equity Research
Infrastrutture Wireless Italiane S.p.A. is the largest operator in Italy in the wireless infrastructure sector. It builds and operates technological systems and civil structures (such as towers, pylons and poles)...
02 Dic Credit Default Swaps
Credit Default Swaps are credit or entity derivatives that offer insurance in case of default of an underlying bond. In this report a correlation analysis of CDS spread and the main...