Wall Street and Beyond | Thoughts from an Ex Fund Manager

With the closing of multiple investment banks’ equity research departments and headcount reductions throughout the industry, there remains little doubt that the world of equity research is changing rapidly. Whether these changes simply represent an industry...

While technical skill and depth of research are highly important for an equity analyst, many good analysts fail to live up to their potential because they don’t present their work in the best light.
James Valentine, author of “Best Practices for Equity Analysts” illustrates the importance of communication using the chart below. As an analyst you want to make sure your research is consistently falling into the top right quadrant....

While we encourage our analysts to rely first and foremost on some form of intrinsic valuation, we recognize that multiple analysis plays an important role in supporting and sense-checking conclusions. This guide is intended to help analysts navigate...

Equity Analysts at Nomura in London were left in shock this week as Nomura announced the restructuring of the equity research department. In a statement Nomura said:
“since the second half of last year, global markets have experienced extreme volatility and a significant decline in liquidity”...