Tuesday, 16 September 2014
Last updated 51 min ago
Dec 8 2006 | 10:07am ET
BNY ConvergEx Group has recently launched a new service designed to bring together independent research providers and the institutional investors who are increasingly looking for unbiased, in-depth information about the companies in which they invest.
“Growth in the hedge fund space has led to increased demand for independent research,” says John Meserve, chairman of BNY Jaywalk. “There is so much information out there, and to filter this information is one of the most challenging things for the buy-side.”
The firm’s new service, Jaywalk 360, is a real-time platform that taps into a network of 150 IRPs who cover nearly 7,000 equity securities. The IRPs maintain broad areas of expertise, including fundamental evaluation, forensic accounting, macro-strategy analysis and technical research, among other things.
Meserve says that in addition to the challenge of information overload, one of the problems with most small, independent research firms is that “a lot of the great ideas are like a tree falling in the forest, no one hears it.” Meserve and his team aim to remedy this with their platform, which provides a wide distribution network and allows for complete customization of research for each investor.
The new system uploads thousands of reports and recommendations each week, allowing for the Jaywalk 360 team to analyze and identify top-performing analysts based on objective performance evaluation. Additionally, the Jaywalk 360 service delivers IRP ideas and recommendations from several analysts simultaneously, as well as identifies when multiple IRPs independently make the same recommendation.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?