Paid-for research may be the solution to a lack of sell side coverage – as long as investors use it
In the heady days of the dotcom boom, a company didn’t need to have a proven track record to get the attention of sell-side analysts – remember Priceline.com? Today, however, the combination of a recent bear market and a shakeup in the revenue model for investment banking research has led to some hidden gems remaining hidden. ‘What was once an over-abundance of mediocre research is becoming a scarcity [of sell-side research],’ points out Jeff Diermeier, former CIO
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