LONDON, 9 March, 2011 – Panmure Gordon & Co., a leading independent institutional stockbroker and investment bank, is pleased to see its analysts recognised by Thomson Reuters Starmine Awards 2011. Panmure Gordon was the only independent broker to feature in the UK & Ireland Top 10 brokers table for FTSE250 recommendations and earnings forecasts.
Panmure Gordon Group Chief Executive, Tim Linacre, commented: “Last year’s market volatility made stock picking and earnings forecasting even more challenging than usual, and we are delighted Starmine has independently verified that our analysts made some excellent FTSE250 calls for our institutional clients during 2010.
“It was also pleasing to note that Panmure Gordon was the only independent broker to feature in the Top 10 of all UK and Ireland brokers in both the FTSE250 recommendations and earnings forecasting categories, in which we placed 9th and 3rd respectively. This is an excellent achievement and a strong endorsement of the value of independent brokers in the marketplace.”