CreditSights, a valued SCFAS supporter and its Investment Management program (IMP) was voted #1 Research Provider for 2011 and is the sixth consecutive year at the top spot.
“The SCFAS and partnering universities are very proud to be associated with the caliber of such a highly respected research firm.”
- Michael Dineen, SCFAS Board – University Relations
CREDITSIGHTS secured top spot in the independent research provider category for the sixth year in a row, reflecting the breadth and depth of the company’s coverage of global bond markets. David Watts, CreditSights’ senior European credit strategist, believes the growing links between the company’s macro strategists and its sector analysts have been a feature of the past 12 months.
“The strategist-analyst link is very important on the banking and insurance side – not only because those institutions have a lot of exposure to the most troubled countries but also because we are covering the major names within those countries,” he says.
Problems in European sovereigns have been an inevitable focus for CreditSights over the past year, which is why it publishes the regular Eurozone Inc report to give updates on the eurozone sovereign story – with a credit angle.
“Eurozone Inc focuses on the financing and trading performance of the main regulated corporates in the stressed European sovereigns, as well as the utilities, the telecoms and the banking sector,” explains Watts. “We want to understand how the sovereign story is feeding through the corporates, and how the corporate story – particularly the banks – is feeding back up into the sovereign risk story.”
Another focus has been high yield, especially with many government and high grade bonds in developed markets offering little pick-up for investors. While some research
companies create dedicated high yield analysts, CreditSights prefers its own to range across the quality spectrum, where they can develop sectoral expertise.
“High yield is going to be a big focus for us,” says Simon Adamson, CreditSights’ CEO and senior European financials analyst. “We need to see how the high yield market connects with developments on the investment grade side, in the banking sector and at the macro level. It is not an isolated sector.”
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