Morgan Stanley

Cryptocurrency

Morgan Stanley may bet on Bitcoin in US$150 bil investment arm

Morgan Stanley’s affirmation would put the heft of an almost-century-old marquee Wall Street name behind a volatile asset class.
Morgan Stanley Unit Boosts Stake in Bitcoin-Loving MicroStrategy - THE EDGE SINGAPORE

Cryptocurrency

Morgan Stanley unit boosts stake in Bitcoin-loving MicroStrategy

Morgan Stanley’s investment management arm boosted a stake in Bitcoin vehicle MicroStrategy Inc. to more than 10% late last year

US stocks

Are Tesla's shares worth US$90 or US$780? Wall Street can't decide

It all boils down to these questions: What type of company is Tesla exactly? And how should the stock be valued?
Xero prices zero coupon US$700 mil convertible notes due 2025 - THE EDGE SINGAPORE

Funds

Xero prices zero coupon US$700 mil convertible notes due 2025

The settlement of the offering is expected on Dec 2, 2020.
Cromwell European REIT to issue $478.2 mil 5-year notes with 2.125% p.a. coupon - THE EDGE SINGAPORE

REITs

Cromwell European REIT to issue $478.2 mil 5-year notes with 2.125% p.a. coupon

The notes have been rated BBB- by Fitch.
Singapore's investment banking activities plunges to US$443.1 million in first nine months of 2020: Refinitiv - THE EDGE SINGAPORE

Zest

Singapore's investment banking activities plunges to US$443.1 million in first nine months of 2020: Refinitiv

Investment activities in Singapore amounted to US$443.1 million ($600.8 million) in the first nine months of the year, down 39.9%

Broker's Calls

No double dip recession imminent, says Morgan Stanley

Morgan Stanley's base case is for the quarterly GDP profile for AxJ to show a gradual cyclical recovery in the next 12-18 months.

REITs

Impact from WFH already in stock price, says Morgan Stanley

In a July 27 report, Morgan Stanley says office rentals across Asia declined 2–13% in 1H2020 owing to weaker demand due to negative GDP and higher unemployment but excluding the impact of working from home (WFH).

Global Economy

Global economy on track to recover by 4Q2020, barring Covid-19 spike before flu season: Morgan Stanley

The global economy is expected to return to pre-Covid-19 levels by 4Q2020, with developed markets (DMs) recovering by 4Q2021, say Morgan Stanley analysts.

Investing ideas

UOB, CDL, Wilmar, AREIT, Netlink Trust top bets for Morgan Stanley

Here are some of Morgan Stanley's top stock picks
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