Deutsche Bank Provides Industry Update On Capital Markets Sector

Based Upon the varied trends in the capital markets sector in 1Q, Deutsche Bank expects e-brokers, exchanges and alt managers to post strong results, asset managers to post in-line results and brokers to post weak results. Says Deutsche Bank, “Despite some macro & regulatory uncertainty, we see opportunities within the capital market space, though we remain selective. Top picks are GS [NYSE, Goldman Sachs Group] (brokers), BLK [NYSE, BlackRock Inc.], IVZ [NYSE, Invesco], and KKR [NYSE, KKR & Co.] (asset/alt managers), and SCHW [NYSE, The Charles Schwab Corp.] (e-brokers) – all Buy rated.”