Kepler Cheuvreux expands research partnership with Piper Jaffray

Expansion of research distribution deal will see Kepler Cheuvreux’s clients in Switzerland gain access to Piper Jaffray’s US equity research.

European agency broker Kepler Cheuvreux has expanded its partnership with investment bank and asset management firm Piper Jaffray for distributing US equity research in Europe and the US.

First agreed in February, the initial deal saw Kepler Cheuvreux’s clients in France, Benelux, Germany, Italy, Spain and Finland gain access to Piper Jaffray’s research, with both parties working alongside each other.

The expansion of the partnership adds Switzerland to the list of countries where Kepler Cheuvreux’s have access to Piper Jaffray’s US equity research.

“Kepler has shown great success in selling our US 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.

Marlon Kelly, Kepler Cheuvreux’s co-head of equity brokerage, added that the firm’s 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. We are excited about the opportunity to add the Piper Jaffray US product to our European product distribution,” Kelly said.

“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.”

The Piper Jaffray equity research group currently consists of 40 senior analysts covering nearly 630 companies in the consumer, energy, financial services, healthcare, industrials and technology sectors. Kepler Cheuvreux offers its clients research coverage on more than 1,000 European stocks.