Aegis wins Securitor tender
Aegis Equities Research has won a mandate to supply Sealcorp owned financial planning group Securitor with equities and property investment research.
Sealcorp general manager dealer group services Sean West says the decision to appoint Aegis stemmed from a directive to provide Securitor’s 438 advisers with access to unbiased research.
Securitor sought a group “free from the influence of corporate mandates” and other biases affecting traditional equities, listed property and property syndicate research, according to West. Aegis’ non-alliance and resistance to “create churn” were key deciding factors, he says.
“This new service will provide our financial advisers with timely and incisive analysis of both the equities and investment markets,” West says.
As part of the deal, Aegis will supply the dealer group with both equities and property research.
“Aegis is dedicated to providing our customers with market research that is truly independent,” Aegis Equities Research managing director Peter Leodaritsis says.
Securitor commissioned Assirt Research - also a part of the St George bank owned network, to supervise the open tender process.
Aegis kicked off its property research division in February when former research manager at Lonsec Property Research, Paul Nielson, was recruited to head the group’s unlisted property research. Aegis did not have a dedicated property research division prior to Neilson’s appointment, although it did provide research on the listed property sector.
According to the 2004 Money Management Top 100 Dealer Group Survey, Securitor advisers also take research from Assirt, Australian Agribusiness Group, Life Research.
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