Shore Capital Europe’s third most productive broker
Shore Capital Group Limited
(“Shore Capital,” or the “Company”)
Thomson Reuters StarMine rates Shore Capital Europe’s third most productive broker
Shore Capital, the independent investment group specialising in equity capital markets, principal finance and alternative asset management, is delighted to announce that it has been named Europe’s third most productive broker in the prestigious Thomson Reuters StarMine awards for 2013.
StarMine measures the performance of brokers over sets of stocks in two different ways: by the returns of their buy/sell recommendations and the accuracy of their earnings estimates. The Most Productive Broker awards are given to the three firms that have earned the highest number of individual analyst awards relative to the total number of qualifying analysts in their firm.
This year, the top three most productive brokers were Bryan, Garnier & Co in 1st place; SG Securities in 2nd place; and Shore Capital in 3rd place.
In the analyst awards two Shore Capital equities analysts ranked in the top 10:
- Phil Carroll, the Company’s beverages and agriculture analyst, was named Europe’s top stock picker for his sector; and
- Gary Greenwood, the Company’s banking analyst ranked 1st in Europe for the accuracy of his earnings estimates.
The StarMine awards follow an excellent performance by the Company in this year’s Thomson Extel Small to Mid Cap survey. Shore Capital featured in the top 10 for UK Small & Mid-Cap brokers with nine sectors voted in a top 10 position and five recorded in the top five by fund managers: construction (3rd), consumer goods (3rd), healthcare (4th), insurance (2nd) and UK strategy (4th). In the individual analyst scoring, Alex Stewart was ranked 5th in UK strategy; Gavin Jago and Jon Bell were ranked 3rd and 4th respectively in construction; and Eamonn Flanagan was ranked 2nd in insurance.
Commenting on the awards, Dr. Clive Black, Head of Research at Shore Capital, said: “Recognition in the StarMine Awards is an important endorsement of our research approach, which is based upon fundamental analysis of those equities we cover – appraising not just earnings, but management teams, their strategies, the quality of the earnings generated by companies and their cash flows.”
Simon Fine, Head of Equity Capital Markets at Shore Capital, said: “Clive’s research team embodies the Company’s values of integrity, drive, competence and trust. They are among the most respected teams working in the UK’s equities markets and recognition in the StarMine awards demonstrate the strength of our research capabilities.”
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For further information contact:
Shore Capital Simon Fine Dr. Clive Black |
+44 20 7408 4050 +44 15 1600 3700 |
Bell Pottinger – Pelham Olly Scott Charles Goodwin
|
+44 20 7861 3232 |
About StarMine
The StarMine Analyst Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Awards recognise the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams.
The Thomson Reuters Awards for Excellence comprise the Lipper Fund Awards, the Extel Survey Awards and the StarMine Broker Rankings.
For more information, visit: www.excellence.thomsonreuters.com
About Shore Capital
Shore Capital is an AIM-listed independent investment group. Founded and owned by entrepreneurs, for nearly three decades Shore Capital has been helping entrepreneurial businesses reach their full potential, find committed long term investors and develop into significant enterprises. The business offers innovative corporate advice; a leading market-making business; some of the most respected investment research available in the UK; and a diverse range of high quality investment opportunities, including its hugely successful VCTs and principal finance activities. It’s a business founded on four simple values – integrity, drive, competence and trust.
The Group is based in Guernsey, London, Liverpool, Edinburgh and Berlin. Shore Capital Limited, Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited are each authorised and regulated by the Financial Conduct Authority. Shore Capital Stockbrokers Limited is a member of the London Stock Exchange.
For more information, visit: www.shorecap.co.uk