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Nifty today: SGX Nifty down 5 points; here s what changed for market while you were sleeping

Nifty today: SGX Nifty down 5 points; here s what changed for market while you were sleeping
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

SPACS as Engines for Public Ownership and Growth

The global equity capital market has been reacting to the infusion of significant cash investments – $83 billion in 2020 and over $53 billion in the first two months of 2021, according to data compiled by Accelerate Financial Technologies Inc. If the current pace continues, over $300 billion could be raised in 2021. These investments have primarily been channeled into non-operating vehicles created to identify and seize opportunities either in private or public entities. The main objectives of the promoters of these vehicles are to inject the funds raised into identified entities through the acquisition of strategic stakes in them to drive business optimisation and achieve alpha returns.

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