Can’t get enough investors to pay for your stock coverage? An independent research house is giving crowdfunding a try as it adapts to the new world of MiFID II.
French firm AlphaValue SA is introducing a model in late September where it names a stock, lists how much it will charge to provide research and invites a number of investors to co-finance the cost, head of marketing Maxime Mathon said in an interview. It aims to raise about 15,000 euros ($17,400) to 20,000 euros for providing a year’s coverage on a stock.
