Country results: still room for niche players
The delivery of European equity research is undergoing a fast and fundamental change. Most fund managers have long complained that they receive far too much paper-based research. “It’s terrible. I can’t go away,” says Hans Nordemann, head of European equities at Citibank Private Bank in London, complaining of the build-up of analyst reports. “If I go away I won’t be able to get back into my office.”
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