Academia and financial services together for research, together for business

Banque Privée Edmond de Rothschild Europe, one of the oldest and most prestigious private bank in Europe, signed a partnership agreement with the Department of Economics of the University of Parma to evaluate the performance of the Italian real estate funds currently managed by asset management companies (“Società di Gestione del Risparmio”) regulated by the Bank of Italy.

The University of Parma will provide a new index based on data gathered from the real estate industry, but the partnership also has a marketing twist. It is not just about data gathering and research: Banque Privée Edmond de Rothschild intends to become the market leader as a custodian bank for the real estate assets in Italy and the university collaboration is an important instrument to be gain visibility and recognition as as a trust worthy and reliable provider (which is exactly what a custodian bank needs!).

We will cover more news on the co-operation between academia and the finance world; however, the “Rothschild-University of Parma co-operation” certainly illustrates one key typology behind such partnership: the “financial institution’s need” to sound authoritative and knowledgeable through its close ties with academia.

Few open questions for the critical reader(s):

  1. Will  Rothschild Europe pay the University of Parma?
  2. If so, will the payment be fixed or dependent on Banque Privée Edmond de Rothschild Europe’s success in the Italian real estate custodian market?
  3. What value added will Rothschild provide in terms of the actual data gathering and analysis?

We are not trying to be overly-zealous or overly-critical here – all we are trying to do is to provide a fair and objective description of the events; if that means asking one question more than anyone else, we will sure do that.

Stay focus for more news on partnership between academia to finance!


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