Research

 

 Providing valuable insights into major markets.

Overview

Macquarie's services include comprehensive research and analysis of equities, economics, commodities, debt markets, foreign exchange, futures and ESG. Through deep specialist knowledge our analyst teams leverage Asia Pacific insight to the world.

With more than 2,200 stocks under coverage globally, we are a top 10 global equities research house1. We cover all the world's major financial markets, giving our institutional, government and corporate clients the depth and breadth of information they need.

Research distribution

Our research is available to permissioned institutional clients via email, secure access online, smartphone apps, and select third party channels (Bloomberg, Factset, Thomson Reuters, Capital IQ, TheMarkets.com).

Equities

Our equities research team is the cornerstone of Macquarie Securities' broking services. Services include the broad research coverage of stocks in the Asia-Pacific region, and specialist sectors in the US, Canada, Europe and South Africa.

We continue to modify our product range to meet the needs of our clients.

We produce a number of equities publications, including:

Essentials A daily report analysing corporate developments and their market impact
Weekly reports Including Emerging Leaders Weekly which highlights developments in the emerging leaders market
Monthly reports Detailed analysis of stock and sector market performance
Company and sector reports Comprehensive analysis of individual companies and market sectors

 

Economics

Macquarie's economics team is widely recognised as one of the leading financial market research teams. Major institutional investors rank us highly among our peers for accuracy in economic forecasting and quality analytical thinking.

We provide forecasts and analytical advice on growth, interest rates and exchange rates, as well as on other economic, financial and geopolitical trends. Our ultimate goal is to determine financial market prospects and maximise investment returns.

Our economists are widely experienced in economic research, policy advice, government budgetary policy and financial management. They also take a 'hands on' approach to analysing key developments, through regular research visits and consultations with senior policy makers, market analysts and business leaders.

Our economics publications include:

Macquarie Weekly An up-to-date calendar, with forecasts and analysis of major forthcoming economic releases and events, as well as key financial indicators in Australia and New Zealand
Desktop Diaries
(published every Monday)
A concise schedule of upcoming domestic and international economic data and events over a four-week horizon. The Asia-Pacific Diary provides a concise schedule of key regional releases for the week ahead
Economic Spotlight A weekly thought piece on a contemporary topic of importance to financial markets and investors
Australian Housing Monitor A high frequency research update on key developments in the Australian residential property sector
The Insider A quarterly update on the outlook for the Australian and New Zealand economies and business conditions, following the release of GDP data

We also publish regular updates on key economic data releases and policy announcements in Australia and New Zealand.

Commodities

Our commodities research team is dedicated to providing specialist metals, mining, agricultural and energy research and market intelligence. Rated as one of the top teams globally, we work extensively for corporations, industry consultants and resource portfolio managers with exposure to the commodities markets. The commodities team provides price forecasts which are developed in relation to our forecasts of the major macro dynamics and detailed demand and supply analysis for each commodity market that we cover.

We provide a daily commentary on base metals, precious metals and bulk materials markets worldwide, as well as a monthly presentation pack and quarterly Commodities Compendium. This daily commentary is published within the daily equities Essentials report.

Debt markets

Our debt markets team provides analysis of debt securities, credit and interest rates, for use by issuers and investors, risk managers and traders, and liquidity and balance sheet managers. Coverage includes mortgage backed and asset backed securities, mortgage and asset pool data analysis and swaps, and general industry issues.

Our regular publications include:

  • Mortgage Backed Perspective – a quarterly report on the quantitative aspects of mortgage backed securities
  • Asset Backed Perspective – a quarterly report on the quantitative aspects of asset backed securities
  • analysis of specific debt issues
  • analysis of industry/sector-wide issues.

 

Foreign exchange

Our foreign exchange team focuses on currency sensitive issues, particularly relating to the G10 and Australia.

Our commentary and analytics is aimed at fulfilling two distinct client requirements: a quick snapshot of breaking developments, and strategic medium-term analysis. Our analysts combine market-related experience with a strong economics background, to provide a tailored service for the very specific needs of our foreign exchange clients.

Futures

Our futures team provides daily market analysis of domestic and international futures markets.

Our daily reports provide overviews of the Australian SPI, SPI Options and Bank Bill Strips, as well as technical analysis of domestic and international interest rate products. We also produce daily reports on Hong Kong, Korean and Indian futures and options markets.

From time to time we publish specialist reports, targeting activities in equity indices, foreign exchange, precious metals and base metals.

Environmental, social and governance

Environmental, social and governance (ESG) issues are increasingly acknowledged as key non-financial factors that can influence the performance of investment portfolios.

At Macquarie Securities, we have been publishing on ESG issues for some time. Our integrated approach, giving top-down analysis followed by bottom-up stock valuations, has gained a significant following among institutional investors in both Australia and Asia. Our focus on the significance of ESG issues, and our engagement with a broad range of ESG-interested parties, has led us to perform well in emerging peer ESG rankings.

Our research includes:

  • forecasts for the Australian renewable energy market
  • commentary on changes to corporate governance guidelines on diversity
  • analysis of corporate human capital management, corporate governance and risk management
  • analysis of issues surrounding water scarcity and infrastructure.

Our ESG publications include:

ESG Exploration A quarterly analysis of a key ESG issue and its impact across sectors and stocks
ESG Dynamics A monthly review of the key developments in the ESG arena, from policy changes to corporate announcements.

We also publish sector-specific and policy-specific pieces, giving in-depth analysis of key ESG issues for specific stocks – such as modelling of the renewable energy market, the impact of climate change on insurance, or changes in corporate governance diversity guidelines.