S&P to launch International Equities Research service for Australian market
Standard & Poor’s will launch International Equities Research services for the Australian market on 1 September, 2011.
The service aims to provide equity investment perspectives, drawing from qualitative and quantitative research on selected global equities. The research will incorporate S&P’s internally generated data on valuation, risk and cross-asset analytics.
Commenting on the announcement, the firm’s vice president of sales Jose Ordonez said, “S&P is pleased to add a recognised capability to the portfolio of products and services it offers to the Australian wealth management market.”
S&P’s equity analytics team has secured a ranking in the top ten of the Wall Street Journal’s annual Best on the Street survey in six of the nine years that the firm has participated in the survey since 2002. Survey rankings were based on analysts’ stock-picking skills, with the data assembled by FactSet Research Systems, a US-based firm that tracks analysts’ recommendations and their estimated earnings.
S&P Equity Research has around 80 equity analysts worldwide. The firm licenses its research to financial institutions to be used by investors and advisers.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
