Credit Suisse introduces new REIT research team
Credit Suisse has announced an all-new real estate investment trusts (REITs) equities research team as it looks to expand its equities business in Australia in 2010.
Stephen Rich will lead the team after moving from UBS where he covered domestic large caps, having earlier worked in Deutsche Bank’s real estate equities research team.
Richard Close joined Credit Suisse this month as a senior salesman on the equities research desk from Citigroup Global Markets and Jarrod Martin will jointly lead Australian bank research after having led RBS's banking research team since 2006.
"These appointments reflect our strategy of building a top-ranked client franchise in Australia, in line with our position as a global leader in equities," said Credit Suisse's head of equities for Australia, Jonathan Gurnsey.
The other new members of the REITs equities research team are Rowena Causely from Macquarie Group, John Lee from Stockland Group and Vanessa Webb from law firm Jeffreys & Associates.
This will be a slightly larger team than the previous one, which disbanded after three members left to join Citigroup at the end of last year, the company said.
Highly ranked analyst Andrew Rosivach, who now leads the US REITs research product, will continue to be involved in Australian research, supporting the new team.
AUTHOR
Mike Taylor
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
