Our perspective on global micro event and strategies.
As a global industry analyst on the Technology Team, Matt’s coverage includes global FinTech and IT services companies across all market caps.
Matt was previously a member of the firm’s Launch Research Associate program. Participants in the Launch program, through a series of rotational assignments, assist analysts and portfolio managers in conducting research and implementing their investment process. Matt researched a broad range of investment opportunities including the insurance sector as well as securities across the capital structure of European banks.
Matt joined the firm as a client service analyst in our US Financial Intermediaries Group, working closely with his team members to help strengthen the firm’s relationship and consultative partnership with our clients.
Question: Could rising “short-termism” actually provide an alpha opportunity for longer-term-oriented equity investors? Ironically, yes in my view. Let’s look at today’s financial technology (fintech) sector as an illustrative example.
I’m concerned about growing froth in the fintech initial public offering (IPO) market because much of the recent activity there signals that investors are continuing to take on more and more risk in pursuit of hoped-for near-term rewards. Here are some behaviors that, to me, highlight the potential for…