Equity Research

Coverage and Maintenance:

• Financial Modeling and Valuation: Develop comprehensive financial models and perform valuation analysis to support initiation reports, earnings updates, and investment recommendations.

• Equity Notes: Prepare well-crafted equity notes, including initiation reports, earnings update reports, and sector write-ups, providing detailed insights on companies, sectors, and market trends.

• Maintenance Support: Receive ongoing maintenance support with earnings call summaries, validating forecasting assumptions, conducting model audits, and ensuring quality control.

Database & Screeners:

• Database Creation, Maintenance, and Automation: Create and maintain databases with accurate and up-to-date financial data, company profiles, and industry information. Automate data retrieval processes to streamline research workflows.

• Sector-Specific Databases: Develop sector-specific databases that enable quick access to relevant information, helping analysts and researchers stay updated on market trends, company performances, and industry dynamics.

• Back-Testing Analysis of Screeners: Conduct rigorous back-testing analysis of screeners and filters to identify potential investment opportunities and evaluate their historical performance.

• Database-Linked Valuation Sheets: Create customized valuation sheets linked to databases, facilitating seamless data integration and enabling efficient valuation analysis.

Sector & Thematic Research:

• Macro Analysis & Equity Strategy: Conducts macroeconomic analysis for valuable insights into the overall market trends, economic indicators, and their impact on equity markets. Develop equity strategies based on macro analysis.

• Theme Identification: Identify emerging themes and trends within industries and markets, helping clients uncover potential investment opportunities and capitalize on market dynamics.

• Stock Ideas & Investment Hypothesis Testing: Generate stock ideas supported by thorough research and analysis. Rigorously test investment hypotheses and assesses risk-reward profiles to deliver actionable insights.

• Sector-Specific Studies: Conduct in-depth studies and reports focused on specific sectors, providing comprehensive analysis of industry dynamics, competitive landscape, and key market drivers.

• Reports on Macro-Themes: Prepare insightful reports on macro-themes such as sustainability, digital transformation, and disruptive technologies, helping clients understand the impact on specific sectors and identify investment prospects.

Market Monitoring & News Updates:

• Newsletters Tracking Sectors, Markets, and Economies: Compile newsletters that track the latest developments in sectors, markets, and economies, for concise and actionable summaries.

• Industry/Company News Scan: Conducts extensive scans of industry and company news, capturing relevant information that impacts stock performances and market trends.

• Tracking Industry/Management Interviews: Monitor and analyze industry and management interviews, for valuable insights into key trends, strategic direction, and market perceptions.

• Morning Meeting Notes: Prepare morning meeting notes that summarize overnight news, market movements, and key events, ensuring clients start their day informed and prepared.

• After-Market Trade Commentaries: Deliver insightful commentaries to clients on after-market trades, analyzing price movements, volume trends, and market sentiment.

• News and Impact Analysis: Provides news and impact analysis, helping clients understand the implications of news events on specific stocks, sectors, and market sentiment.

• Updating Sector Monitors: Update sector monitors with the latest industry data, news, and analysis, enabling clients to stay informed about sector-specific developments.

Credit Research

Investment Grade | High Yield | Leveraged Loans | Sovereign/ Municipals

Idea Generation:

• Screening of Companies: We conduct extensive screening of companies across regions, sectors, and rating categories, helping clients identify potential investment opportunities and assess credit risks.

• Credit Profiles/Tear-Sheets: Our team prepares comprehensive credit profiles and tear-sheets, providing valuable information on credit opportunities, including financials, ratings, key metrics, and industry analysis.

• Deep-Dive Credit Analysis: We perform in-depth credit analysis on shortlisted companies, assessing creditworthiness, debt structure, industry dynamics, and key risk factors.

• Gathering/Updating Street Consensus: We collect and maintain street consensus data, ensuring clients have access to the latest market expectations and consensus views.

• Querying/Maintaining Financial Databases: We query and maintain financial databases, ensuring accurate and up-to-date information for credit analysis and modeling.

Research Coverage Maintenance:

• Opinionated Credit Notes: We provide opinionated credit notes, offering detailed insights and analysis on credit opportunities, including investment recommendations, risk factors, and credit outlooks.

• Forecasted Cash Flow Models: Our team develops forecasted cash flow models, allowing clients to assess cash flow dynamics, debt servicing capabilities, and potential risks.

• Earnings/Credit Event Updates: We deliver timely updates on earnings releases and credit events, keeping clients informed of any material developments that may impact credit profiles.

• Debt Structure Analysis: We analyze the debt structure of issuers, including covenants, maturities, interest rates, and call provisions, helping clients assess debt sustainability and refinancing risks.

• Sensitivity Analysis: We perform sensitivity analysis, evaluating the impact of various scenarios and market conditions on credit profiles and investment outcomes.

• Negative Covenants Analysis: Our team conducts comprehensive analysis of negative covenants, identifying potential risks and limitations that may affect credit quality.

• Peer/Securities Comparison: We provide peer and securities comparison analysis, allowing clients to benchmark credit profiles, financial metrics, and relative value across comparable issuers.

News Updates & Commentary:

• Regular News Updates for Traders: We deliver regular news updates to traders, highlighting relevant news events, market trends, and credit-related developments.

• Morning Meeting Notes: Our team prepares concise morning meeting notes that summarize overnight news, market movements, and key events, helping clients start their day informed.

• After-Market Trade Commentaries: We provide insightful commentaries on after-market trades, analyzing price movements, volume trends, and market sentiment.

• News and Impact Analysis: We conduct comprehensive news and impact analysis, helping clients understand the implications of news events on credit profiles and investment decisions.

• Updating Sector Monitors: We update sector monitors with the latest industry data, news, and analysis, enabling clients to stay informed about sector-specific credit trends.

Securitized Credit

Research, Analytics, Surveillance: We offer research, analytics, and surveillance services for securitized credit products, including MBS (mortgage-backed securities), ABS (asset-backed securities), CDOs (collateralized debt obligations), and CLOs (collateralized loan obligations).

• Cash-Flow Models: Develop cash-flow models that incorporate pre-payment, interest rate, default, and recovery scenarios, enabling clients to assess the performance and risk of securitized credit.

• Analysis of MBS/ABS/CDO/CLO Deals and Constituents: Conduct detailed analysis of securitized credit deals and their constituents, evaluating underlying assets, structure, credit enhancements, and cash flow characteristics.

• Research Publication Support: Prepare research publications focused on securitized credit, including market outlook reports, deal analysis, and investment recommendations.

• Commercial Real Estate Analysis: Analyze commercial real estate-backed securities, assessing property valuations, rental income, occupancy rates, and market dynamics.

• Reporting Deal Performance: Monitor and report on the performance of securitized credit deals, tracking key metrics, credit enhancements, and potential risks.

• Highlighting Key Changes in Deals and Constituents: Identify and highlight key changes in securitized credit deals and their constituents, helping clients stay updated on material developments and credit quality.