Wednesday, August 29, 2007

More Analysts 4 Independent Equity Research, Commissions Remain Same

Independent equity research gains users, but commissions remain static

24 Aug 2007, Hedge Week

Equity analysts at buy-side institutions in the US appear to be increasing their use of independent research, according to a new study from Greenwich Associates, but the institutions are not increasing the amount of commission paid out to third-party research providers.

Among equity analysts interviewed by Greenwich Associates as part of its 2007 US Equity Analysts Research Study, almost 40 per cent say they expect to increase their use of products and services from independent or 'boutique' research providers. However, commission payments to independent research providers do not appear to be increasing in absolute dollar terms.

Read the full story from here at Hedge Week

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