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IDLC announces partnership with Exotix Capital

FE Desk | February 26, 2019 00:00:00

IDLC, the largest multi-product multi-segment non-banking financial institution in Bangladesh, and Exotix Capital, the leading developing markets investment platform on Monday announced a new partnership to provide extensive research insights and corporate access into the Bangladeshi market to global investors.

Exotix will distribute in-depth insights from IDLC via its innovative new research platform to its global subscriber base. This partnership follows additional agreements of Exotix with other industry-leading brokerages in Egypt, Zimbabwe, Saudi Arabia, Vietnam, Sri Lanka and Pakistan, said a statement.

Duncan Wales, CEO of Exotix Capital said: "This partnership further develops our deep, local connections in emerging markets and enables us to provide an unparalleled level of insight. He added: "IDLC's experience and corporate access into Bangladesh is unrivalled, and we are thrilled to start delivering their expertise to clients around the world searching for investment opportunities in that market."

"Insightful research and corporate access give IDLC Securities unique local expertise. Exotix Capital, on the other hand, has multi-market expertise, especially in the emerging and the frontier markets. The synergy of both Companies will let the international clients make better investment decisions in Bangladesh market," said Md Saifuddin, Managing Director of IDLC Securities Limited.

"Our network of global partners continues to grow, putting Exotix at the vanguard of emerging markets investment research and intelligence," said Paul Domjan, Head of Research, Analytics& Data at Exotix.

"One of the most established financial institutions in Bangladesh, IDLC will enable us to provide clients with the local insight and expertise they need to support their investment decisions in one of the region's most dynamic developing economies."

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