Jefferies to Distribute JB Securities Equity Research on Companies in Sri Lanka
April 14, 2014 10:00 KST
NEW YORK & LONDON & HONG KONG & COLOMBO, SRI LANKA--(Business Wire / Korea Newswire) April 14, 2014 -- Jefferies today announced that it is entering into a cooperation agreement with JB Securities (Pvt) Limited to distribute JB Securities equity research on companies in Sri Lanka on a co-branded basis to Jefferies’ global institutional client base.
JB Securities provides comprehensive equities research and stock brokering services in Sri Lanka. The firm is a member of the Colombo Stock Exchange and is part of the Jafferjee Brothers Group.
Over the last year, Jefferies has formed similar alliances in South Korea, Australia, Malaysia, Indonesia and Thailand to broaden Jefferies' equity research offering to its global client base. These alliances now include more than 50 analysts covering some 315 companies in the region.
Michael Alexander, Chief Executive Officer of Jefferies Asia, commented, “We are pleased to align with JB Securities as we continue to grow our Pan-Asian equities business to better serve our diverse and global client base. We continue to expand our business across the region with a focus on delivering top-tier and targeted research coupled with superior execution and distribution.”
“This alliance demonstrates Jefferies’ strong commitment to serving our clients with best-in-class research and execution capabilities globally," added Peter Forlenza, Global Head of Equities at Jefferies.
Murtaza Jafferjee, Chairman and CEO of JB Securities, commented, “We are excited to partner with Jefferies to deliver our research product to a broader institutional client base.”
Not including the research alliances, Jefferies’ global equity research business consists of 138 analysts covering nearly 1,750 stocks from research centers in London, Hong Kong, Mumbai, Singapore, Tokyo, Houston, Nashville, New York and San Francisco. The firm’s global coverage includes Economics & Strategy, Business Services, Consumer, Energy, Financial Services, Insurance, Healthcare, Industrials, Internet and Interactive Entertainment, Maritime, Media, Metals & Mining, MLPs, REITs, Technology, Telecommunications, Travel & Leisure and Utilities.
To learn more about Jefferies equity research capabilities or to receive Jefferies research, please contact your Jefferies representative.
Jefferies, the global investment banking firm focused on serving clients for over 50 years, is a leader in providing insight, expertise and execution to investors, companies and governments. The firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income, foreign exchange, futures and commodities, as well as wealth management, in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Leucadia National Corporation (NYSE:LUK), a diversified holding company.
All releases from Jefferies LLC
- Jefferies and Bank of China’s BOC International (“BOCI”) to Provide Joint Investment Banking and Capital Markets Services to Clients Globally
- Jefferies Fixed Income Business Operating as Systematic Internaliser
- Jefferies to Distribute Equity Research on Companies in the Philippines Through Alliance with BPI Securities
- Jefferies to Distribute Fubon Securities Equity Research on Companies in Taiwan
- Jefferies to Distribute Mirae Asset Securities Equity Research on Companies in Vietnam
Share this News Release
- 4,000media outlets
- 230industry fields