Securities

Turning     market knowledge    into value

Investors understand that Kempen Securities consists of dedicated professionals who simply enjoy monitoring market developments. These are Europe’s finest research teams with the best ideas, exceptionally motivated trading specialists at Champions League level. The combination of our continuous analysis, extensive market knowledge and ability to create flow enables us to access markets that no one else can unlock. 

Products & Services

Research & Marketing

At Kempen, we prefer to be exclusive. So instead of spreading ourselves thin in all markets, we focus on only four niches within equity research – in which we excel. 

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Structured Investments

No-risk investments – a utopian dream? Not for the Structured Investments Desk of Kempen. No challenge is too great for us!

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Sales Trading

Kempen’s  (Sales) Trading  specialists execute orders at the highest level, continually striving to reduce the impact of stock price fluctuations for our clients. We have the ability to create flow, because we know our markets thoroughly.

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Our Niches

We are exclusive rather than 'all over the place'. So while we are non-existent in most areas, we are serious contenders in others. The result is a clear portfolio guaranteeing that all clients get our signature high-level attention. 

Local Alpha

The best opportunities are here, right in front of us. 

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FI & FinTech

After years of recapitalisation following the severe financial crisis that started in 2007, the Financial Services industry is now showing promising signs of recovery, and is maturing into a viable investment market. 

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Infrastructure

Covering over twenty companies in Europe and still expanding their footprint, our dedicated Infrastructure Research analysts are experts in the sector, delivering superior analysis.

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Life Sciences & Healthcare

Passion and hard work will get you an innovative injection of epic proportions. Kempen’s analysts and traders prove this on a daily basis in the life sciences and healthcare sector. 

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Real Estate

European real estate can be a particularly attractive investment vehicle – that is, if you have top-ranking experts by your side whose passion and primary aim is to deliver rock solid returns.

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Our  Management Team

Florian Hillen

Florian Hillen

Managing Director, Head of Structured Investments +31 20 348 8283 Florian.Hillen@kempen.com
Elbert Rodenburg

Elbert Rodenburg

Managing Director, Head of Securities +31 (0)20 348 8408 Elbert.Rodenburg@kempen.com
Anneka Treon

Anneka Treon

Managing Director Equities +31 (0)20 348 8217 Anneka.Treon@kempen.com
Jetze Oosthoek

Jetze Oosthoek

Managing Director, Head of Trading +31 (0)20 348 8204 Jetze.Oosthoek@kempen.com

News & Knowledge

2017, 07 September

Which price is right?

The positive effect of stock splits has been a talking point for many years now, although there is limited academic research looking into the relationship between stock splits and the performance of listed real estate. Fama, Fisher, Jensen, and Roll showed in their 1969 study that markets are “efficient” enough to adjust to new information very rapidly and that positive drift caused by stock splits followed increased future dividend implications. Following simple rationale, an investor should be indifferent whether he owns 10 shares of €10 or one share of €100. But one can doubt the limited impact if we zoom out and take several trading-related factors into account that help determine the right price for a single share.

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2017, 21 June

ETF ownership in the Real Estate sector: systemic risk?

Exchange traded funds (ETFs) and quantitative investors account for about 60% of the equity space in the US (up from 30% 10 years ago) and only 10% of the daily volumes traded originates from fundamental discretionary trades. It will become increasingly difficult to generate alpha on a fundamental basis as individual stocks start to move in tandem and the relationship between fundamentals and share price has decreased.

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2017, 08 June

Kempen wins two SRP Structured Products & Derivatives Awards

Kempen & Co achieved three #1 positions in the category real estate at the presentation of the Extel Awards. Kempen & Co was not only selected as the best brokerage firm on both a team and an individual basis, but the European Property Seminar, organised by Kempen & Co for the 15th year running this year, was also selected as the best real estate conference according to corporate voters.

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2017, 01 June

Bloomberg interview: Tower sector may see M&A ‘turmoil’

Yesterday Bloomberg contacted me in relation to what has been a strong day for the shares of the European listed tower companies. On the back of take-over rumors Cellnex and INWIT closed the day up +4.2% and +4.7% respectively. Find here our view on what we expect to happen next.

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About Securities

More on our profile, compliance and corporate social responsibility

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