Exotix rebrands and creates RAD division
Word count: 459
Exotix, a frontier and emerging markets investment firm, has created a Research, Analytics & Data (RAD) division to expand and enhance the insights and services it provides to clients.
Exotix, a frontier and emerging markets investment firm, has created a Research, Analytics & Data (RAD) division to expand and enhance the insights and services it provides to clients.
In addition, the firm has rebranded as Exotix Capital.
The RAD division is to be headed by Paul Domjan, the founder of Country Insights, which was acquired by Roubini Global Economics.
Domjan subsequently led the successful integration of the subscription business of Roubini Global Economics and 4Cast Ltd. to form 4CAST-RGE, where he was CEO from May 2016.
Exotix RAD has unveiled its key technology mechanism for delivering analysis: the Exotix Research Portal.
This powerful, searchable tool showcases analysis, trading ideas and thought-leading commentary produced by the Exotix research team every day on over 160 companies and government entities around the world.
The Portal will also help to facilitate direct interaction with analysts and provide notice of client events.
In addition, RAD will enable clients to benefit from the firm’s industry and market knowledge via the delivery of bespoke solutions.
Stuart Culverhouse continues to lead Fixed Income Research, and Hasnain Malik remains Head of Equities Research.
Together with recent joiner Rahul Shah, heading Equities Financials Research, they will operationally report to Domjan, who joins in August.
Domjan said: “I am very excited to partner with thought leaders like Hasnain Malik and Stuart Culverhouse to build the new RAD division to continue to enhance the strong service that Exotix provides its clients and to bring Exotix’s unique insights on frontier and emerging markets to a wider audience.”
The expansion in Exotix’s research capabilities follows significant new hires across the business, including the appointment of Rahul Shah, former Head of Research for MENA at Credit Suisse, as the new Head of Equities Financials Research; and Guy Frost, who has held senior trading and broking roles at JPMorgan, Standard Bank and ICAP, to run an expanded fixed income business in EMEA and Asia.
Exotix is building its presence in South and Southeast Asia and Sub-Saharan Africa with the recent appointments of Sibtain Mustafa, former Relationship Manager for Habib Bank and Head of Equities at Elixir in Pakistan, and Paul Stromsoe, ex-Head of Sales Trading at African Alliance and with experience at Merrill Lynch, WestLB and Natixis.
Exotix has also been expanding its corporate finance advisory investment banking business, with the hire of four senior bankers during the past year.
Exotix CEO Duncan Wales, said: “Our industry is going through a considerable period of change, and the creation of the RAD division and Portal is the start of our drive to deliver cutting edge capability and services to international investors, governments and traders seeking insights into some of the world’s most dynamic growing economies.”