DNB Markets expect increased demand for sponsored research in the Nordics
This week, DNB Markets Equity Research published its first sponsored research note, initiating coverage on Swedish listed company IAR Systems.
- We are excited to launch sponsored research. Hopefully it will contribute to increase the transparency and investor understanding of smaller listed companies, as well as improve liquidity in the shares, said Christer Magnergård, Head of DNB Markets Equities Sweden.
As always, we will strive to maintain high integrity when producing the research. And so, as this research is paid for, we will not include a recommendation (BUY/HOLD/SELL) on the stock. Instead we will present a fair value range to indicate what we believe the stock could be worth.
Sponsored research is a relatively new phenomenon in Nordic equites. The market has been driven by new regulations (MiFID2) and is expected to grow.
- We expect increased demand for sponsored research in the Nordics, especially in Swedish listed small and medium-sized companies, said Mr Magnergård.
If you would like to discuss sponsored research, please contact Christer Magnergård on +46 73 154 27 36.