02 August 2011
NEW YORK — Macquarie Securities, the institutional equities arm of Macquarie Group ("Macquarie") (ASX: MQG; ADR: MQBKY), today announced two senior analyst hires in New York and the appointment of Thomas Alonso as Head of US Banks Research for Macquarie.
The appointments follow Macquarie's recent announcement of four senior hires to its sales and trading team in New York.
"These appointments reflect our continued investment in our US equities business in sales, trading and research, and Macquarie's strategy of providing deep and experienced coverage in targeted sectors," said Ken Savio, Senior Managing Director and US Head of Macquarie Securities.
Andrew Root, Managing Director and Head of US Research said: "Aldo, Liz and Tom are experienced analysts with sector knowledge that is relevant and consistent with Macquarie's specialist US coverage. Aligning our focus in key sector verticals for Macquarie continues our commitment to providing specialist sector coverage globally."
Macquarie Securities is ranked #9 globally for number of companies under coverage and covers more than 500 stocks in the US (as at March 31, 2011).
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie's main business focus is making returns by providing a diversified range of services to clients. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries and employs more than 15,500 people. Assets under management total approximately $321 billion at March 31, 2011. For more information, visit www.macquarie.com.
About Macquarie Securities
Cash Division – operates as a full-service institutional cash equities broker in the Asia-Pacific region, South Africa and Canada and a specialized institutional cash equities broker in the US and the rest of the world. It provides equity capital markets products and services in the U.S. as Macquarie Capital (USA) Inc., member FINRA and SIPC.
Derivatives DeltaOne Trading Division – combines the group's institutional and retail derivatives, structured equity finance, arbitrage trading, synthetic product businesses and global securities finance. Global securities finance includes capital management, collateral management and securities borrowing and lending.
Corporate Communications, Macquarie Group
Tel: +1 212 231 1310