Fin-Ex, a private investment firm, has today announced the acquisition of Roubini Global Economics’ (RGE) core subscription business, which will be merged with 4CAST to create 4CAST-RGE, a global leader in the provision of independent financial market and macro strategy research.
As independent entities, both 4CAST and RGE have shared a commitment to helping market participants make faster and better-informed decisions through superior data, analytics and market information.
Dr. Nouriel Roubini, Chairman and Co-Founder of RGE, said “RGE was founded with the clear purpose of using the national balance sheet methodology that I and my colleagues developed to help market participants make better decisions. Over the last decade, we have developed a very strong team with unique insights into policy, macro and markets, supported by our proprietary data and analytics. I am very excited to see 4CAST-RGE continue to build on this legacy with an even stronger team, and I am committed to support the transition of the business into 4CAST-RGE.”
Mickey Arora, Chairman of Fin-Ex, added “With the formation of 4Cast-RGE, we have become a leader in the provision of independent research to sell-side and buy-side markets. The combination of two providers of market-leading data, analytics and research offers significant opportunities for a more diverse offering to a client base of more than 600 financial institutions. It also provides a strong platform for new product development to drive future revenue growth and provide an even stronger service to clients.”
Paul Domjan, CEO of 4CAST-RGE, said “I am proud to lead this exciting venture, which is a blend of two incredibly strong providers of independent financial market and macro strategy research. RGE’s research effort is at the height of its intellectual power and by combining it with 4Cast’s specialised sell-side expertise we are a formidable force in the provision of independent research. By combining 4CAST’s real-time analysis with RGE’s macro strategy and national balance sheet approach, 4CAST-RGE will now be uniquely positioned to provide complete coverage of global market and economic events, from instant reaction to longer-term implications, in an integrated and systematic way.”
The new company will operate from offices in London, New York and Singapore with Paul Domjan, formerly MD of Product at RGE, as CEO and Andrew Buckle, formerly MD of 4CAST, as COO. Research will be led by Paul Bednarczyk, formerly Head of Research at 4CAST, and Brunello Rosa and Rachel Ziemba, formerly Managing Directors of Research at RGE.
Adi Prnjavorac, 4CAST Sales Director, based in London and Rex Nowell, RGE Sales Director based in NYC will ensure seamless continuation of customer service for which both firms are known.
Dr. Roubini will continue to personally service a select number of consulting clients while the subscription business continues at 4CAST-RGE.
Fin-Ex Holdings invests & operates in three main markets,
a) Technology – providing global financial research for the sell-side , financial FX research for the retail market and online FX community dealer directory
b) Prime London Real Estate, providing luxury serviced residences, medical centres, restaurant space, operated by The Harrington Brand
c) Wellbeing – providing proactive wellbeing services and medical care
The company operates in Singapore, Guernsey, London and New York, with over 120 staff. Fin-Ex Holding is wholly and privately owned, by the Arora Life Settlement Fund.
Fin-Ex takes a longer term view on its investments, specifically focusing on investing in developing innovative sustainable solutions to improve services for its customers. Through better use of technology, media, and marketing and continual reinvestment of profits it creates an exciting dynamic environment for customers, suppliers, staff and other stakeholders.
4CAST is an independent provider of real-time commentary and analysis covering flows, strategy, macro-economic, technical analysis and economic forecasts across FX, Fixed Income and Credit markets in 72 countries. Its information services are delivered via 21 daily ‘Markets Now’ PDF publications, its real time on-line platform, HTML feeds, and via Reuters and Bloomberg. It has offices in Singapore, London, New York.
About Roubini Global Economics (RGE)
Roubini Global Economics (RGE) is an independent, global macroeconomic strategy research firm co-founded in 2004 by renowned economist Dr Nouriel Roubini and Camille LeBlanc. RGE research interprets global economic signals into practical macro-strategy insight for a wide range of financial and policy professionals. Our approach broadens our clients’ understanding of global economies and markets by illustrating vulnerabilities and risks, giving them constructive frameworks for clarity and helping them to make more informed decisions.
About Portico Capital Securities, LLC
Established in 2000, Portico Capital Securities is the leading merchant bank with an exclusive focus on the Information and Business Services industry. Portico provides M&A and private capital financing advisory services to the leading private and public growth companies in this Industry. For more information about Portico Capital’s services, transactions, and experience, please visit https://www.porticocap.com/.
S. Searcy Dryden
General Partner and Group Head, Risk, Data & Analytics