Jaywalk’s Second Half Performance Awards
BNY ConvergEx’s Jaywalk recently announced the second half of the 2009 independent research provider performance awards. Jaywalk presented awards in 5 different categories- Best Bullish Calls; Best Bearish Calls; Best Overall Performance; Best Performance in the Energy Sector; and Directors Choice Awards. The winners in each category were the following:
Best Bullish Calls
PriceTarget Research
Green Street Advisors
Best Bearish Calls
Columbine Capital Services
REIT Growth & Income Monitor
Best Overall Performance
Jefferson Research & Management
Green Street Advisors
Best Performance in the Energy Sector
La Jolla Economics
BOE Research Services
Director’s Choice Award
Sabrient Systems LLC
The nine awards were chosen from approximately 150 providers on the Jaywalk Platform. The awards were calculated on metrics which focused on the degree to which each research provider’s equal-weighted portfolio of Buy/Positive ratings outperforms their equal-weighted portfolio of Sell/Negative ratings. These performance statistics were calculated by Abacus Analytics, a quantitative consulting firm serving the brokerage and investment management communities, using data from July 2009 through the end of December 2009.
Chief Executive officer of ConvergEx Research Solutions stated, “The equity markets in the second half of 2009 remained challenging and often unpredictable so we are pleased to recognize these outstanding IRPs whose unique perspectives allowed them to foresee future trends and anticipate market shifts.”
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