Thursday 13 August 2020

Jefferies seals co-brand agreement with Regis Partners for Philippine cash equities business

KUALA LUMPUR, Aug 11 -- Jefferies Hong Kong Limited has established a co-brand agreement with Regis Partners Inc for the cash equities business in the Philippines. 

Under the agreement, Jefferies will distribute equity research on companies in the Philippines on a co-branded basis to its global client base, while Regis Partners will be the main platform to provide local equity broking services to Jefferies.

Regis Partners Inc (formerly Deutsche Regis Partners Inc) is one of the largest equity brokerage houses in the Philippine Stock Exchange. Its country-based team offers research, sales, corporate access and trading, and execution services to global and local institutional clients.

The partnership with Regis enhances Jefferies’ growing equities franchise in Asia and is another step in Jefferies’ long-term investment in the region, according to a statement.

Over the last several years, Jefferies has significantly expanded its business in the region, adding approximately 200 Jefferies employees over the last two years to better serve its global institutional client base.

“We are pleased to join forces with Regis Partners Inc in our commitment to continuously improve and expand Jefferies’ longstanding equity research, sales and trading business with an emphasis on serving the needs of our global investor client base,” said Jefferies Asia President, Murray Wilson.

Jefferies has similar agreements with several firms throughout Asia, including Indonesia’s Mandiri Sekuritas, Malaysia’s KAF Securities, South Korea’s Mirae Asset Daewoo, Sri Lanka’s JB Securities and Taiwan’s Fubon Securities.

Jefferies Group LLC is the largest independent, global, full-service investment banking firm headquartered in the US. It is a leader in providing insight, expertise and execution to investors, companies and governments.

-- BERNAMA

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