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.
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