News } TBK Capital
As the end of another financial year passes, at TBK Capital we’re celebrating the end of our second year in business. Examples showing the range of fundraisng transactions we completedin the last financial year are given later in this newsletter. We are now looking forward to the current year in a far more positive economic environment.
As the end of another financial year passes, at TBK Capital we’re celebrating the end of our second year in business and looking forward to the third in in a far more positive economic environment. So I thought it was an appropriate time to remind you of what we do and how we can assist your clients.
No lyrics or music video this issue but one of the funniest commentaries on the U.S. economy made two years ago when quantitative easing was introduced. This you must see. It just goes to show how nothing has changed in the world of politics and high finance.
Residential interest rates continue to remain low, borrowing restrictions on residential property are easing, and house and apartment prices continue to rise. What a change from a year or so ago.
In last month’s Capital Comment News we talked about businesses needing capital to expand and how investors can fill that role through Active Participation. Feedback from that newsletter got me thinking again as to where “business” now stands, where its future is, and what opportunities that brings.
Since we formed TBK Capital, we’ve had numerous enquiries from businesses that are past the start-up stage, are making sales, have a great relationship with their banker, but are unable to grow further.
I’d written this newsletter before I went to this morning’s Post-Budget Breakfast featuring John Key as the speaker, but hadn’t sent it in case he might say something that was relevant to it.
When we started TBK Capital a year ago both residential and commercial properties were still in the doldrums.
Over the last year I’ve been very positive about the New Zealand economy in relation to the rest of the world and this has been reflected in my recent newsletters.
My Christmas newsletter looked at what we’d seen in our first 9 months of TBK Capital. In this issue I’d like to examine what this New Year looks like - and the opportunities it presents.
We started TBK Capital earlier this year and have received a very good response to the gap in the financial markets we’re looking to fill.
Following last week’s newsletter, Tough Choices, Big Opportunities – to see it click here - I’ve been asked to comment on whether there is loan finance around and where to place money in other than traditional places.
There hasn’t been a lot of good news in the financial world since the Lehman Bros crash just over three years ago started the Global Financial Crisis. But we’ve been here before. Just read Niall Ferguson's Ascent of Money – a must for anyone interested in financial history and economics.
It’s now coming up to 6 months since we started TBK Capital, and you may recall in our early publicity we said in our view inflation is not dead – simply hibernating.
The ramifications of the current turmoil in the global financial markets are yet to become clear, so I’ve held off sending my August economic Capital Comment newsletter until things settle down.
Capital Comment Newsletter: June 2011
Capital Comment Newsletter: March 2011
TBK View Newsletter: January 2011
TBK View Newsletter: December 2010
TBK View Newsletter: November 2010
TBK View Newsletter: October 2010
TBK View Newsletter: September 2010