Piper Jaffray and Kepler Cheuvreux Announce Extension of Equity Research Distribution Agreement to Switzerland
June 28 2018 - 7:00AM
Business Wire
Piper Jaffray Companies (NYSE: PJC), a leading investment bank
and asset management firm and Kepler Cheuvreux, a leading
independent European broker, are pleased to announce the extension
of their strategic partnership to Switzerland. The Paris-based firm
will act as the distribution agent for Piper Jaffray in the
dissemination of U.S. equity research in Switzerland.
Today’s announcement is an extension of an agreement announced
on 21 February, 2017 whereby Kepler Cheuvreux established the
practice of bringing Piper Jaffray research to clients in France,
Benelux, Germany, Italy, Spain and Finland. Kepler Cheuvreux has an
existing strong client franchise with Swiss asset managers and
private banks, and services those clients from offices in Zurich
and Geneva.
The Piper Jaffray equity research group consists of
approximately 40 senior analysts covering nearly 630 companies in
the consumer, energy, financial services, healthcare, industrials
and technology sectors. Kepler Cheuvreux offers coverage on over
1,000 European stocks.
“Kepler has shown great success in selling our U.S. product in
Europe over the past 15 months and our decision to extend our
partnership to the Swiss market will further strengthen our
distribution in the region and enhance our ability to serve a
broader set of clients,” said Jim Fehrenbach, chief operating
officer of global equities at Piper Jaffray.
“Our ambition is to become a global broker in Europe. We have
been present in Switzerland since 1999 and are well known for our
pre-eminent Swiss seminar, held annually in March for the past 19
years,” said Marlon Kelly, co-head of equity brokerage at Kepler
Cheuvreux. “We are excited about the opportunity to add the Piper
Jaffray U.S. product to our European product distribution. We look
forward to showcasing Piper Jaffray’s analysts and corporate access
capability in Switzerland. We will do our utmost to ensure that
Piper Jaffray is more visible in Switzerland in the future.”
About Kepler CheuvreuxKepler Cheuvreux is a leading
independent European financial services company which specializes
in research, execution and advisory services. The company has four
business lines: Equities, Debt & Derivatives, Investment
Solutions and Corporate Finance. Headquartered in Paris, the group
employs around 550 staff. This multi-local company is also present
in Amsterdam, Boston, Brussels, Frankfurt, Geneva, London, Madrid,
Milan, New York, Oslo, Stockholm, Vienna, Zurich.
Management and staff are the largest shareholders: major
European financial groups, including Crédit Agricole CIB,
UniCredit, Rabobank, Swedbank and Belfius are also important
shareholders.
Kepler Cheuvreux employs over 120 equity research analysts who
research 1,000 European companies. Kepler Cheuvreux has the largest
equity research footprint in Continental Europe.
About Piper JaffrayPiper Jaffray Companies (NYSE: PJC) is
a leading investment bank and asset management firm. Securities
brokerage and investment banking services are offered in the U.S.
through Piper Jaffray & Co., member SIPC and FINRA; in Europe
through Piper Jaffray Ltd., authorized and regulated by the U.K.
Financial Conduct Authority; and in Hong Kong through Piper Jaffray
Hong Kong Limited, authorized and regulated by the Securities and
Futures Commission. Asset management products and services are
offered through five separate investment advisory affiliates―U.S.
Securities and Exchange Commission (SEC) registered Advisory
Research, Inc., Piper Jaffray Investment Management LLC, PJC
Capital Partners LLC and Piper Jaffray & Co., and
Guernsey-based Parallel General Partners Limited, authorized and
regulated by the Guernsey Financial Services Commission.
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© 2018 Piper Jaffray Companies. 800 Nicollet Mall, Suite 1000,
Minneapolis, Minnesota 55402-7036
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version on businesswire.com: https://www.businesswire.com/news/home/20180628005164/en/
Piper Jaffray CompaniesPamela Steensland, +1
612-303-8185pamela.k.steensland@pjc.comorKepler
CheuvreuxRobert Buller, +33 1 53 65 35
79rbuller@keplercheuvreux.com
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