Sell side Archive

Apr 02, 2020
Reflections on the transition from Wall Street to investor relations
As a former sell-side analyst who transitioned to investor relations, I often get asked about the friction points in transitioning to investor relations. A couple of areas come to mind revolving around the difference in compensation and work-life balance. Transitioning from the sell side to investor relations ultimately means compensation becomes a function of tenure rather than merit – but the work-life balance can improve considerably. Wall Street is a demanding...
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Nov 25, 2019
Taking stock of Mifid II
It’s a good time to take stock of Mifid II – almost two years since its launch, we’re beginning to get a clearer picture of the changes it has prompted. ‘The prophecies of Mifid II bringing doom and disaster have proven to be untrue,’ Michael Hufton, managing director of ingage, tells IR Magazine. ‘Companies are not finding themselves unable to get coverage. Investors are not faced with a dearth of research.’ Instead, Hufton says, there...
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Oct 30, 2019
Goldman Sachs tops M&A adviser league table
Goldman Sachs has topped GlobalData’s Adviser League Table tracking mergers and acquisitions activity for the first three quarters of 2019. The firm was involved in 249 deals with a value of $982.3 bn, bettering second-placed JPMorgan (211 deals, $777.9 bn value) by more than $200 mn. Morgan Stanley rounds out the top three, with 182 deals with a deal value of $732.4 bn. Ravi Tokala, financial deals analyst at GlobalData, says mega-deals – deals with valu...
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Oct 16, 2019
UK companies see wider fall in analyst coverage than European peers, finds research
Following the arrival of Mifid II, UK companies are more likely to have lost analyst coverage than their European counterparts, according to new research. More than half of UK companies (52 percent) say the number of sell-side analysts covering them fell over the last year, reports Citigate Dewe Rogerson in its annual survey of IR professionals. By contrast, only 39 percent of non-UK European companies report a drop in coverage. UK issuers are also experienci...
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Sep 03, 2019
Chinese regulator happy with success of new Star Market
Taking stock of what has been an impressive start for China’s new tech-focused stock market – the Star Market – regulators have expressed their pleasure with the opening period for the exchange. A spokesperson for Star Market regulator the China Securities Regulatory Commission, assessing its success since its launch in July, says in a sta...
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Aug 29, 2019
What CFOs need to know about IR before an IPO
Going public can be complex, expensive and time-consuming, with new challenges, expectations and stakeholders: analysts, investors, activists, regulators and media. How they view the IPO and the company over time can weigh on the company’s performance and perhaps the CFO’s own tenure. Managing the new pressures requires strong investor relations, but the starting point is not the quarterly close or the earnings call. Rather, it’s having a compelling investment...
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