People

Lacie Midgley
Research Analyst, Industrial Technology

Lacie joined Panmure Gordon’s Research team in 2014. Previously, she worked in New Business Implementation in the Share Dealing department at Capita (now Link) Asset Services. Lacie graduated in 2012 with a BSc in Economics from Loughborough University. She is IMC (CFA UK) qualified and has completed her CFA Level I exam.

How has your career progressed and evolved at Panmure Gordon?

I joined Panmure Gordon in 2014 as a Desktop Publishing Assistant to edit and publish our equity research reports. This was a great introduction to the City and the world of research. I then realised that the writing and analysis skills required to be a research analyst were skills I have. Our Head of Research was impressed by my enthusiasm and saw some potential, and helped me become a Junior Research Analyst.

At first I did both roles. In the mornings I published other analysts’ reports and my afternoons were dedicated to learning how to be a research analyst. I worked closely with Barrie Cornes and Sanjay Jha, two experienced analysts, and also supported Kieron Hodgson’s mining research. I became a permanent Junior member of the research team 18 months later, and in early 2018 I became an Analyst. I am now focused on increasing my research coverage and building up our technology research franchise alongside my colleagues Sanjay and Peter McNally.

What does a typical day at work look like for you?

I’m in the office by 6.30am since the Research team needs to be ready for the 7am corporate regulatory announcement news flow. I currently cover and write research on two additive manufacturing companies. At 7am I go through the morning news announcements and share any important information on my sector or companies with colleagues in our sales and trading teams. When there is substantial news, such as annual results or news that is potentially market-moving and of particular interest to our institutional clients, I will publish research. When companies I cover announce important news, there would typically be an analyst meeting with company management between 8.30 – 10am. I then go into my day-to-day work, performing market research and analysis on companies within the technology sector. There is no set routine from 10am onward, so the work is always interesting.

Have you had mentors at Panmure Gordon and how have they supported you?

I’ve had strong support from many of my colleagues, particularly in the research team. I have asked every analyst for advice at some stage over the last three years and they’ve all obliged. Since I’m in the early stages of my career, it’s been invaluable to have access to the considerable experience of my colleagues. Barrie Cornes mentored me initially, when I first took on research responsibilities, and more recently I have been mentored by Sanjay and Peter, who are experts in my sector.

In addition to having access to really good people who have helped and supported me, I also credit my development and career here with having the opportunity to continuously develop my skills through industry-recognised professional qualifications. I believe that my progression in the 3½ years I’ve been at Panmure Gordon is testament to the emphasis the firm places on its people and their development.