Swedbank and Kepler Cheuvreux partnership
In June 2017, Swedbank invested in a strategic partnership with Kepler Cheuvreux in order to provide our clients with significantly broader research coverage of Nordic stocks, enhanced ECM distribution and a significantly improved execution offering. Our retail and institutional clients will benefit from Kepler Cheuvreux coverage provided by more than 100 equity analysts; the long-term goal is to provide coverage of approximately 970 European companies, of which 300 are Nordic. Our corporate clients will gain access to superior ECM distribution capacity through Kepler Cheuvreux’s network of 1,350 institutional investors globally. We are now also able to offer better roadshow capabilities and a global trading platform with fully MiFID-compliant execution.
Kepler Cheuvreux’s Norwegian Equity Sales, Equity Research and Corporate Access teams are now working together with Swedbank in co-located offices in Oslo. Henning C. Steffenrud has joined Kepler Cheuvreux and is now Nordic Head of Research.
Swedbank has retained an equity offering in Norway in order to meet the needs of high net worth and family office clients. As of September 1 2017, a new cross-asset sales desk was launched in order to meet these clients’ needs and to support our ECM business in Norway. This desk will be run by Tomas Eriksson, Head of DCM Advisory Sales Norway, and will be fully integrated with the high-yield sales team.