Jefferies' award-winning equity research team provides investment managers, insurance companies, hedge funds and pension funds and other institutional clients around the globe with the advice they need to make important investment decisions. Our more than 100 equity research professionals cover over 800 US and European companies in select industries, and approximately 60 percent of the companies we cover have a market capitalization below $2 billion. Our analysts use a variety of quantitative and qualitative tools, and utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Jefferies provides focused equity research in select industries within the following sectors:
Aerospace & Defense
Biotechnology
Clean Technology
Consumer
Energy
Financial Services
Gaming & Leisure
Healthcare
Industrials
IT Services
Knowledge Services
Maritime
Media & Entertainment
Medical Devices & Diagnostics
Retail
Special Situations
Technology
Telecommunications
Our high yield research professionals seek to add value to clients by identifying better ideas and opportunities with an emphasis on fundamental research. We focus on the early identification of market opportunities, and a thorough understanding of complex structures and special situations. Analysts provide in-depth and relative-value analysis in a variety of market conditions and across the credit spectrum. We cover approximately 400 companies in a targeted number of industries, including Aerospace & Defense, Consumer, Energy, Financial Services, Gaming & Leisure, Healthcare, Industrials, Media, Metals & Mining, Retail, Telecommunications and Transportation.
Jefferies provides in-depth and relative-value analysis on investment grade and "crossover" fixed income securities as a complement to our fixed income sales and trading effort. Our emphasis is on relative value in off-the-run issues and other special situations and structures.
Jefferies analysts provide extensive advice on convertible bonds in the U.S., European and Asian markets, assessing convertible structures and offering valuable investing advice to clients. Analysts employ a wide range of technical and analytical tools, including convertible pricing models based on a comprehensive, proprietary global convertible bond database. Jefferies created and maintains an international convertible bond index, the Jefferies Active Convertible Index (JACI). This index has become an industry standard and a valuable benchmarking and management tool for global convertible managers since its inception in 1994. For the investment-grade universe, the firm provides specialized research on the potential impact of convertible bond issuance on the share price of an issuer. For the non-investment grade universe, analysts perform financial statement analysis to determine the credit quality of these issues in assigning fair value.
Jefferies develops quantitative execution strategies and real-time microstructure models, and conducts transaction cost analysis, to provide financial engineering support to the firm's electronic trading efforts and its clients.
