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Latest industry news and stories provided by IntegrityResearch.| Page: 1 of 12 (119 Records) | << Prev Next >> |
05 November 2008
Soleil Adds New Indie Research Providers
Last week, Soleil Securities Corporation, a New-York based provider of third-party equity research and execution services, announced that it has added two new research providers to the firm’s platform, including Nikolay Tishchenko and his research firm, Analytical Investments, and Christina Woo and her research firm, StreetScape Research. A few weeks earlier, Soleil added A.J.Rice and Chris Rigg of Pomeroy Research, LLC to the platform.13 October 2008
Emerging Trends in Investment Research
The Government takeover of FNMA and FHLMC, the bailout of AIG, the failure of Bear Stearns and Lehman Brothers, the sale of Merrill Lynch to Bank of America, and the 40% plunge seen in the stock market in recent weeks is likely to have a profound and long lasting impact on the entire financial services industry –including the investment research business. At times like these, we can look at all we have lost and mourn, or we can try to look ahead to see how the markets might change and how we might take advantage of the shifts that are likely to take place.13 August 2008
The Gloom Boom
Bear markets are a stressful time for most research providers as commissions decline and budgets are cut. However, there are a few types of research that thrive during market declines, particularly forensic accounting and short ideas providers. Used to generate sell recommendations, these providers thrive during market turmoil.20 July 2008
CSAs Cause Pain for Some
It is clear that many buy-side firms love the flexibility that Commission Sharing Agreements (CSAs) and Client Commission Arrangements (CCAs) bring them. These firms explain that using CSAs or CCAs enables them to trade with the best executing partners, while separately paying the firms that provide them with the best research. However, not everyone is rejoicing over the increased adoption of CSAs and CCAs. In fact, a number of brokers have found that clients’ use of CSAs and CCAs has hurt their business in a variety of ways.24 April 2008
The Bear Facts about Alternative Research
One of the areas that Integrity seeks to address is the demand and supply function of research as it pertains to the investment process. In our Equity Research Industry Outlook, we tabulate all of the data and forecast the revenue picture for the Sell-side, Buy-side and alternative research industries. Given that the Global Research Settlement will expire relatively soon and the credit crunch has sell-side budgets getting squeezed, the outlook for the industry as a whole and the shares of each of the research suppliers is particularly uncertain. Specifically, the Global Research Settlement is related to the demand side of the research business and the credit crunch is certain to affect the supply side of the research equilibrium.03 March 2008
State Street Acquires Financial Sockets
According to industry sources, Boston-based State Street, recently acquired commission management software vendor, Financial Sockets for an undisclosed sum.09 November 2007
The European Independent Research Space
As part of Integrity's ongoing efforts to monitor the global investment research industry, we have recently updated data on all the Europe-based independent research providers in database. Our database now includes 155 such providers.06 November 2007
Whither XBRL?
Bear Stearns Equity Research recently released a report on XBRL (Extensible Business Reporting Language), an electronic coding language designed to facilitate the use of financial and non-financial information from press releases and financial statements. Although XBRL is currently used by only 54 US companies on a voluntary basis, the Bear Stearns report suggests that the SEC will make XBRL reporting mandatory. If so, this will provide a boost to the adoption of RIXML (Research Information Markup Language), which provides standardization for the distribution of investment research.05 November 2007
A Massive Productivity Enhancement For Research Analysts
One of the compelling trends taking place at a number of the larger buy-side firms in the past few years has been a move to "internalize" their research capabilities. And while some firms have chosen to invest more on their own analytical capabilities, most firms have increased the research burden on existing analysts -- a development that has forced buy-side analysts to cover more and more companies.30 October 2007