Small caps: LSE offers research

The London Stock Exchange is launching a service to provide research coverage for the small-cap stocks listed on its main market and on junior market AIM.

The research, available on PSQ Analytics, as the venture is to be called, will be provided by three independent research houses: Argus Research based in New York, Independent International Investment Research based in the UK, and Pipal Research based in Chicago. The three providers will work together to produce standardized, high-quality, cost-effective equity research according to an agreed template and will be distributed, free of charge, on Bloomberg, Thomson Reuters and a dedicated web portal in order to reach the widest possible audience of investors.

The service, with a target audience of about 1,000 companies, will be fully ready by the autumn.

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