The old adage “money makes the world go round” has never rung so true. In the investment world, money translates into corporate earnings and cash flows, which analysts have used for years to value companies.

If we look back to the start of the year, climate change was very much at the top of the investor agenda, said Charlie Thomas, Head of Strategy, Environment & Sustainability. However, it's fair to say that COVID-19 has knocked it off the top spot, and rightly so, as it requires an immediate focus.

According to data gathered by Finanso.se, the three leading European online-only banks hit $1.9bn in overall fundraising as of February. With total funding of $837 million, Revolut represents the highest funded digital bank in Europe.

In the space of alternative strategies, Global Macro and Event-Driven strategies rebounded the most since March 23rd. Both Merger Arbitrage and Special Situations sub strategies benefitted as M&A deal spreads tightened significantly since mid-March.

Companies are announcing a pause in share buyback plans to prevent a financial catastrophe due to dwindling cash reserves as a result of COVID-19, says GlobalData, a leading data and analytics company.