Three simple steps to improve sell-side broker research

Questions must be asked about the depth, transparency and efficacy of today’s broker research.

Investment banks (“sell-side”) spend at least $10bn (€7.6bn) per annum globally on equity research sold to investment clients (“buy-side”). Even after cutbacks in recent years, sell-side equity research remains a well-funded and high-profile activity. It ought therefore to be add…

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