Equity Research Digest - 8 June 2020

What has been happening in the equity research space? Below is a bi-weekly roundup, curated by TranslateFX's editor:

Europe research spend seen plunging 90% as virus hammers fund managers

The coronavirus pandemic has already wreaked havoc on Europe’s investment management sector. But as stock pickers begin to scour choppy markets in search of fresh opportunities, access ... [read more]

Nomura in Joint Venture Discussions With Wolfe Research

Nomura Holdings Inc.’s U.S. arm is in talks to enter a joint venture with Ed Wolfe’s Wolfe Research LLC, according to people with knowledge of the matter. The structure of the partnership, which may be named Wolfe Nomura, hasn’t been finalized... [read more]

JPMorgan plans to hire a dozen research analysts for China brokerage: sources

JPMorgan Chase & Co (JPM.N) plans to hire at least 12 equity research analysts in China this year, two people with knowledge of the matter said, in its first major mainland hiring push as it takes advantage of eased ownership rules for financial firms... [read more]

Southbound Flows Key to Future Success of Hong Kong

While most of the attention has focused on investment into China, capital coming out of China is likely to be the more important story, a report published by Credit Suisse’s Asia Pacific Equity Research markets... [read more]

Credit Suisse takes majority holding in China securities JV

The bank increased its shareholding in its onshore operation from 33.3% to 51% and joins the likes of JP Morgan and UBS in securing majority ownership of Chinese securities joint ventures. Goldman Sachs and Morgan Stanley also received regulatory approval...[read more].