CLSA and Sanford C. Bernstein Co. have agreed to share research to institutional customers. Analysts for each firm will be able to consult each other and utilize both companies' libraries and databases to produce reports. However, there is no financial agreement between the two brokerage firms for the sharing of the research.
It will be a free flow of information where we will each have the ability to access material from each other on an attribution basis, explains CLSA's executive chairman Gary Coull. Initially, he says, analysts will talk to each other on an ad hoc basis, but further down the road jointly branded research reports may be in the...
