Reuters – As Europe’s big investment banks and brokerages scale back their research efforts, particularly towards small and mid-sized companies, some hedge funds and other specialist players spy an opportunity.
If the major players aren’t ferreting out investment ideas among Europe’s thousands of non blue-chip companies, figuring the effort is too costly and time-consuming at a time of cutbacks and rationalisation, other participants see a chance to capitalise on the resultant gap in the market.
