LONDON, 12 June 2012 – Panmure Gordon & Co, a leading independent institutional stockbroker and investment bank, is pleased to announce that the latest Thomson Reuters Extel 2012 UK Mid & Small Cap survey has reconfirmed its Top 5 broker status, and that the firm’s research is now ranked Top 4 in 8 sectors.
Newly appointed chief executive of Panmure Gordon, Phillip Wale, commented: “I am delighted that Panmure Gordon’s analysts have continued to increase the firm’s sector rankings in the important Thomson Reuters Extel UK Mid & Small Cap survey.
“A key component of Panmure Gordon’s client offering is its independent research. Today’s results show that our institutional clients respect what analysts have to say. Across eight of our sectors, fund managers have voted to elevate the firm’s research into the Top 4 of all UK Small & Mid Cap brokers. I am also delighted that our Corporate Broking team leapt into the Top 4 overall.
“Alongside two successful IPOs for our clients Snoozebox and WANdisco and continued client wins, the 2012 Extel results are a further indication of the firm’s steady progress this year,” Mr Wale said.