Smartkarma has opened a new office in Frankfurt to support the expansion of its research network across continental Europe.
Tim Bruenjes, head of Continental Europe Smartkarma, will head up the new office.
The Frankfurt office opening follows the recent announcement that Smartkarma is expanding its insight provider network to focus on European investment research.
The new office will develop a pan-European network of independent providers as well as supporting institutional investors across Continental Europe with Asia and emerging market investment research.
Bruenjes commented: “As European investors hunt for alpha and respond to the evolving regulatory landscape, many are looking for opportunities outside the domestic market and see the emerging markets of Asia as an excellent fit for their investment strategies.”
“Smartkarma offers European funds investing into Asia and those looking for differentiated coverage outside of European markets, an unparalleled, compliant and cost-effective research solution for idea generation.”
Jon Foster, co-founder and chairman of Smartkarma, added: “The demand for unconflicted, unbundled research is rapidly rising following the implementation of second Markets in Financial Instruments Directive. Our innovative research platform provides the buy-side with transparent pricing and instant access to Insight Providers, creating on-demand and real-time coverage and feedback, which is invaluable to investors sitting in European time zones.”
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