News | 25 Jun 2025

Oxford Economics Acquires Majority Stake in Alpine Macro

Oxford Economics has acquired a majority stake in Alpine Macro, a prominent global investment research firm based in Montreal, Quebec, Canada.

Founded in 2017, Alpine Macro provides forward-looking financial market forecasts and investment strategy to institutional clients across more than 60 countries. The firm is widely recognised for its provocative financial market insights, bold investment ideas, and out-of-consensus forecasts.

“Leveraging Alpine Macro’s deep financial market expertise will allow us to deliver even more comprehensive and well-rounded advice, not only to our existing clients, but also to a broader spectrum of asset managers, hedge funds, investment banks, and pension funds,” said Adrian Cooper, Chief Executive Officer of Oxford Economics.

“This strategic acquisition will accelerate Oxford Economics’ global expansion and strengthen our service offering. It builds on our proven track record of robust global modelling, extensive country and industry knowledge, and accurate economic forecasting,” Cooper added.

“I am thrilled that Alpine Macro is joining forces with Oxford Economics, a firm renowned for its high-quality macroeconomic and market research,” said Arun Kumar, Chief Executive Officer of Alpine Macro.

“This transaction will enable Alpine Macro to dramatically deepen our research capabilities, enrich our client experience and deliver cutting-edge research via an AI enabled platform. Together we become the largest, most comprehensive privately held independent research firm in the world “, added Kumar.

We see this as a natural fit: one that aligns with our mission and strengthens our ability to provide actionable research.

If you have any questions or would like to learn more, please feel free to reach out to your usual Oxford Economics contact.


About Alpine Macro

Founded in 2017 and headquartered in Montreal, Quebec, Canada, Alpine Macro is a leading provider of independent global investment research. The firm specialises in top-down financial market forecasting, offering thematic macro analysis and deep insights into the major secular and cyclical trends shaping the global economy and financial markets. Alpine Macro delivers actionable market forecasts and investment strategies across major asset classes worldwide, along with tailored asset allocation recommendations for professional investors.

Alpine Macro’s research team is composed of highly experienced macro strategists who were instrumental in pioneering top-down financial market research and forecasting. They played a key role in developing the research framework, methodology, and philosophy at BCA Research from 1968 to 2016.

About Oxford Economics

Oxford Economics is the world’s foremost independent economic advisory firm. Covering over 200 countries, 100 industrial sectors and 8,000 cities and regions, we provide insights and solutions that empower clients to make informed decisions faster in an increasingly complex and uncertain world.

Founded in 1981 as a commercial venture with Oxford University’s business college, Oxford Economics today employs 700+ staff in 20 offices globally.


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