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Singapore Exchange (SGX) has made a strategic investment in Singapore based Smartkarma, which operates a global investment research network that brings together institutional investors, independent investment analysts and listed companies on a single online platform where they share information and interact. Smartkarma will use the funds to advance investment research.
“With the advent of technology, we see tremendous potential in this innovative platform that is adding another dimension to fundamental investment research. As SGX continues to uphold the standard and availability of research coverage through initiatives such as partnering with the Monetary Authority of Singapore (MAS) on GEMS, we are also investing in new models to serve investors and companies now and in the future,” said Chan Kum Kong, head of research and retail at SGX.
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