22 July 2018
Visit www.gemalto.com

UBS buys minority stake in Governance Metrics International

07 November 2008  |  3362 views  |  0 UBS  web screen shot

UBS has purchased a minority stake in research advisory firm Governance Metrics International, providing the Swiss investment bank with access to GMI's proprietary content and database.

GMI specialises in assessing corporate governance across more than 4200 companies. Access to its database will enable the bank's analysts to factor governance ratings into their stock research.

UBS says it will also work with GMI to expand its customer base and on product development and research ideas.

Other minority investors in GMI include State Street Global Alliance, Dutch pension fund ABP, and private equity outfit Inter-Atlantic Group.

Mark Steinert, global head, equity research, UBS, says: "UBS is always looking for ways to offer our clients access to the most sophisticated and relevant investment information and analytical tools. Now more than ever before, assessing a company's relative governance characteristics is critical to investment analysis."

Julie Hudson, global head, socially responsible investing and sustainability research, UBS, adds: "We believe standards of analysis and due diligence with respect to governance will become increasingly stringent throughout the investment advisory sector. GMI's research capabilities address an immediate need in the market, and we are excited to offer their product to our clients."

In March UBS purchased a minority stake in another research advisory firm, Integrity Research Associates.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

UBS cuts 2000 investment bank jobs

UBS cuts 2000 investment bank jobs

03 October 2008  |  8610 views  |  0 comments
Goldman Sachs, Morgan Stanley and UBS in dark liquidity pact

Goldman Sachs, Morgan Stanley and UBS in dark liquidity pact

20 May 2008  |  5944 views  |  0 comments
UBS launches ATS in US

UBS launches ATS in US

14 May 2008  |  5926 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit info.nice.comVisit http://go.jumio.com/finextraAd

Who is commenting?

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
13582 views comments | 6 tweets | 8 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
11252 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
10116 views 19 comments | 15 tweets | 30 linkedin
IBM to test dollar-pegged 'stablecoin'IBM to test dollar-pegged 'stablecoin'
7456 views comments | 4 tweets | 14 linkedin
Bringing about new systems and faster payments globallyBringing about new systems and faster paym...
7276 views comments | 2 tweets | 7 linkedin

Featured job

Find your next job