Nedcor Securities’ research team has joined forces with two other top international broking houses to create an international research alliance.
Nedcor Securities, the full-service stock broking subsidiary of Nedbank, has signed a research alliance agreement with Australia’s Macquarie Equities and Canadian investment institution, Scotia Capital Inc.
The agreement brings together more than 120 leading equities specialists covering
Australia, South African and North America.
The alliance partners will work together on equity and commodity research specific to the three markets, such as resources. This will be done through general consultation, the exchange of research and data as well as analyst secondment. All
three brokers will maintain their identity as independent country specialists.
Macquarie Equities Head of Research, David Rickards, said the research alliance harnesses the expertise of specialists from three top rated research houses and will offer additional industry research for institutional customers. “Each broker in the alliance is known as a country specialist and intends to maintain this role,” Rickards said. – I-Net Bridge