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Sector
Financials
Size
Large Cap
Market Cap £5.91bn
Enterprise Value £5.68bn
Revenue £590.3m
Position in Universe 278th / 6095

BREAKINGVIEWS-Asia can lead an equity research rethink

Mon 29th July, 2019 2:39am
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Clara Ferreira-Marques HONG KONG, July 29 (Reuters Breakingviews) - Thin capital markets, opaque companies and the diversity of a region stretching from Tokyo to Karachi makes it even harder for banks to make money from analysing stocks. But schemes like Singapore's analyst grants suggest Asia may also be a testing ground for new business models. Full view will be published shortly. On Twitter https://twitter.com/claramarquesrtr CONTEXT NEWS - Singapore Exchange said on July 9 that it would invest an undisclosed amount in Smartkarma, an online investment research network which brings together independent analysts and publishes their work. Existing investors Sequoia India and Wavemaker Partners also participated in the investment. - The Monetary Authority of Singapore in January announced plans for a new S$75 million grant that will cover part of the costs for companies seeking to list, but also encourage research coverage of locally listed firms by subsidising analyst salaries under certain conditions. - BNP Paribas said on July 4 that it would source the bulk of its equity research in the Asia Pacific region from independent research provider Morningstar. - For previous columns by the author, Reuters customers can click on MARQUES/ - SIGN UP FOR BREAKINGVIEWS EMAIL ALERTS: http://bit.ly/BVsubscribe <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SGX release https://www2.sgx.com/media-centre/20190709-sgx-invests-fintech-smartkarma-advances-investment-research ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Editing by Peter Thal Larsen and Katrina Hamlin) ((clara.ferreira-marques@thomsonreuters.com; Reuters Messaging: clara.ferreira-marques.thomsonreuters.com@reuters.net))
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