Wealth Managers and Retirement Solution Providers - Serving up the Goods
LONDON, February 22, 2011 /PRNewswire/ --
- Edison Investment Research Financials Sector Report
Edison Investment Research's in-depth sector report on UK wealth managers and retirement solutions providers reviews why these markets offer many years of structural growth well ahead of GDP, stock market indices and, Edison believes, investor perceptions. The top-line growth from normalised levels of savings, individuals replacing employers as the main source of funding retirement, and an ageing population will occur at the same time as the supply of advice is falling. In the near term, these sectors, which are equity market sensitive, should benefit when interest rates rise.
Please click here to view the full report:
http://bit.ly/Edison-Wealth-Managers
The 2011 P/E valuation across the wealth management and retirement solutions providers discussed in this report ranges from under 7x (IFG) through the high 20s (Hargreaves Lansdown) with most of the wealth managers around 13-14x. This is for average P/E growth 2012/09 of c 60%. With positive equity markets the earnings revisions over the past six months have generally been upward.
This report includes profiles of Brewin Dolphin, Brooks Macdonald, Charles Stanley, Rathbone Brothers, St James Place, Syndicate Asset Management, Hargreaves Lansdown, Share plc, IFG, Mattioli Woods.
Edison is Europe's leading investment research company. It has won industry recognition, with awards in both the UK and internationally. The team of more than 65 includes over 35 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 280 companies across every sector and works directly with corporates, investment banks, brokers and fund managers. Edison's research is read by major institutional investors in the UK and abroad, as well as by the private client broker and international investor communities. Edison was founded in 2003 and is authorised and regulated by the Financial Services Authority (http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584).
Contact details: enquiries@edisoninvestmentresearch.co.uk or +44(0)20-3077-5700
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