UK-Based David Chan to Focus on Growth Companies
LONDON and NEW YORK, Feb. 28 /PRNewswire/ --
Jefferies International Limited, a subsidiary of US-based Jefferies Group, Inc. (NYSE:JEF), today announced the hiring of David Chan, CFA, as a Senior Equity Research Analyst in London who will focus on growth companies and the rapidly expanding healthcare services and IT hardware industries in the UK. The addition of Mr. Chan extends Jefferies' presence in Europe and underlines the Firm's global commitment to expanding coverage in its core areas. Mr. Chan joins a team of 12 senior sector analysts based in Europe.
"David Chan's expertise in covering growth companies is directly aligned with our firm's overall focus and is complementary to our existing research offering," commented Steven Black, Director of Equity Research at Jefferies. "We are deeply committed to building our global research coverage as we have in the US."
"Jefferies' thriving and full-service platform, global capabilities and award-winning research effort were primary drivers in my decision to join the Firm," said Mr. Chan. "I am excited to leverage my expertise to bring valuable investment ideas to the Firm's institutional clients."
In addition to the Firm's leading position as an investment bank for growing companies in the US, Jefferies is an active trader, advisor and underwriter for European and Asian companies. Jefferies is a member of the London Stock Exchange (LSE), Deutsche Boerse (Xetra), Euronext, Oslo Bors, Dubai International Financial Exchange (DIFX), Tokyo Stock Exchange (TSE) and JASDAQ, and has Nominated Adviser (NOMAD) status on the Alternative Investment Market (AIM) of the LSE.
Over the past decade Jefferies has leveraged its 45-year history in the equity capital markets to build a respected global equity research franchise. The Firm's broad equity research effort has received key industry accolades, ranking second in The Wall Street Journal "Best on the Street" 2005 Analysts Survey. The Firm was also among the Top 10 most award-winning brokers as ranked by StarMine in 2004. In total, Jefferies and its affiliates now have more than 120 research professionals in the US, Europe and Asia covering over 1,300 companies in the areas of aerospace and defense, business, consumer, financial and IT services, energy, gaming, healthcare, industrial, media and entertainment, shipping and logistics, technology, and telecommunications.
Prior to joining Jefferies, Mr. Chan was most recently an Associate Director and Senior Research Analyst covering emerging growth companies at Arbuthnot Securities. Previously, he was a Senior Research Analyst with McKinsey & Company, where he covered healthcare and European public companies. Mr. Chan also followed Pan-European Technology Hardware as an analyst for Schroder Investment Management. He received a BSc in Economics and an MSc in Finance & Economics from the London School of Economics, and is a Chartered Financial Analyst.
Mr. Chan is based in Jefferies' London office where the Firm has nearly 300 employees engaged in investment banking, securities brokerage, research and asset management activities.
About Jefferies
Jefferies, a global investment bank and institutional securities firm, has served growing and mid-sized companies and their investors for nearly 45 years. Headquartered in New York, with more than 25 offices around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm is a leading provider of trade execution in equity, high yield, convertible and international securities for institutional investors and high net worth individuals. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF; http://www.jefferies.com/). Jefferies International Limited, a UK-incorporated, wholly owned subsidiary of Jefferies Group, Inc., was established in London in 1985 and is authorized and regulated by the Financial Services Authority ("FSA").
For further information, please contact:
Tom Tarrant, Jefferies & Company, Inc., 203 708 5989,
Desiree Maghoo, Cubitt Consulting, + 44 207 367 5107,
Todd Miller, Cubitt, Jacobs & Prosek, 203 378 1152 x 149,
DATASOURCE: Jefferies International Limited
CONTACT: Tom Tarrant, of Jefferies & Company, Inc., +1-203-708-5989,
; or Desiree Maghoo, of Cubitt Consulting,
+44-207-367-5107, ; or Todd Miller, of Cubitt, Jacobs
& Prosek, +1-203-378-1152, ext 149, , all for Jefferies
International Limited
Web site: http://www.jefferies.com/