PREMIUM: Meet the Investec alumni revolutionising European investment research
LONDON — Three years ago young London-based Saffers Scott Winship and Emma Margetts left Investec Asset Management to follow their dream of disrupting the European investment research industry. The start-up has mushroomed and the duo, together with a third co-founder Alex Santos, are being run off their feet. Their business, Alpha Exchange, offers a solution to addressing fresh European regulations (Mifid II) overturning the way money managers access investment research. The old conflict-laden approach of stockbroking analysts providing free research in return for brokerage, ends in December. From January, research data and reports must be unbundled and priced independently. I caught up with Winship at the WeWork campus in Moorgate where the successful young entrepreneur explained why he and Margetts left their comfortable seats at a respected asset manager to create their market leading offering. A fascinating story with useful lessons for other Fintech revolutionaries from one who has made it. – Alec Hogg
I'm in London at a hub called WeWork with Scott Winship, who's with Alpha Exchange, and we'll find out more about that in a minute. This WeWork concept is very interesting.
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