Jefferies is entering an alliance with KAF-Seagroatt & Campbell Securities in Malaysia. Under the agreement, KAF will distribute its equity research and also provide local equity broking services to Jefferies’ clients.
The KAF group is a diversified Malaysian financial services group focused on equity broking, investment banking, research, fund management and trustee services.
“We continue to improve and expand our Pan-Asia equity research platform across the region to provide our global clients with valuable insight coupled with seamless execution and distribution,” says Michael Alexander, chief executive of Jefferies Asia.
The agreement follows Jefferies’ recently-announced partnerships with Indo Premier Securities in Indonesia and Asia Plus Securities in Thailand.
Jefferies’ global equity research team covers more than 1,600 stocks from research centres in London, Hong Kong, Mumbai, Singapore, Tokyo, Houston, Nashville, New York and San Francisco.
“This new relationship will further strengthen our equity research business by leveraging Jefferies’ global equity distribution platform,” says Khatijah binti Ahmad, chairman of the KAF group.
Jefferies is a global investment banking firm offering a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income, foreign exchange, futures and commodities, and also select asset and wealth management strategies, in the Americas, Europe and Asia. Jefferies Group is a wholly owned subsidiary of Leucadia National Corporation, a diversified holding company listed in New York.s
