If you're a school leaver with advanced level subjects and an interest in a professional career then the Liberum Advanced Trainee Programme is for you. Click on the image below to download a seven-page PowerPoint about the programme or here for the six things you must know before you apply.
Liberum today saw the best results in its history when five of its analysts secured top three places to dominate the 2015 Thomson Reuters’ StarMine Analyst Awards, making the firm #1 in the UK & Ireland.
(Below clockwise from top left, Ben Davis, David Brockton, Gerald Khoo, Ian Whittaker and centre, Eoin Lambe)
The awards are based on objective ratings of sell-side securities analysts and recognise those who demonstrate outstanding performance as stock pickers based and/or earnings forecasters. They cover stock picking during 2014 and earnings estimations from April 1, 2014 to March 31, 2015.
In the UK and Ireland, seven-year-old Liberum achieved the top-three positions across all industries:
#1: Stock picker overall: Technology Analyst Eoin Lambe
#2: Stock picker overall: Mining Analyst Ben Davis
#3: Stock picker overall: Business Services Analyst David Brockton
By industry, Liberum achieved:
#1: Business Services stock picker: David Brockton
#1: Technology & Equipment stock picker and earning estimator: Eoin Lambe
#2: Media stock picker: Ian Whittaker
#3: Transport earnings estimator: Gerald Khoo
#3: Metals and Mining stock picker: Ben Davis
In Europe, Liberum came in the top three in these industry categories:
#2: Metals and Mining stock picker: Ben Davis
#3: Technology & Equipment earnings estimator: Eoin Lambe
#3: Business Services stock picker: David Brockton
“Fund managers are under increasing pressure to deliver returns to their investors and brokers need to demonstrate their value,” said Joe Brent, Head of Research at Liberum.
“This award is proof that hard work, industry expertise and in depth company analysis at Liberum generates alpha for our clients and is all part of our focus on delivering an excellent service”, he added.
“Market conditions continued to be challenging as competition among sell-side firms remained fierce, making the analysts’ job as hard as ever,” said Raj Shah, head of StarMine sell-side research at Thomson Reuters.
“Winning analysts were those who were not afraid to make a sell recommendation, and issued estimates that were more timely and accurate than their peers,” he added.
In 2014 Liberum rose to second place from fifth in the category of Leading Pan European brokerage firm - UK Small & Mid Caps. Extel ranks broker and independent research based on the responses from more than 16,000 fund managers and institutional investors.
> Click here for full breakdown of the StarMine winners
The awards measure the performance of sell-side analysts based on the returns of their buy and sell recommendations relative to industry benchmarks; and the accuracy of their earnings estimates in 16 regions across the globe.
Analysts are awarded prizes in three main categories: stock recommendation performance relative to specific industry benchmarks (“Stock Pickers”), accuracy in forecasting earnings as compared with peers (“Earnings Estimators”) and brokerage firms whose analysts win the most awards (“Most Award-Winning Brokers”).
Follow or Contact Liberum
Press Enquiries: Redleaf Polhill
We are seeking an Operations Clerk to join our settlements team.
You will assist and support in the account set-up process, perform timely and accurate daily and monthly reconciliations between internal and external systems, and ensure that all transactions made by the front office are cleared or settled correctly and on time.
The ideal candidate should be reliable, thorough, and process-driven, with an interest in Financial Services.
You should either have previous experience in a corporate environment, or strong academics (GCSE’s and A Levels).
Full training for this role will be provided.
You will report to the Settlements Manager.
We're seeking an efficient, motivated administrator to provide comprehensive administration support to the London-based Investment Banking team.
Reporting to the Investment Banking Assistant, the ideal candidate should have experience in a corporate environment in a PA, administration or client services position.
Working in a busy office, they should have excellent time management, communication and organisational skills, as well as being highly accurate and hardworking.
This is a great opportunity to work for a successful and collaborative department in an innovative Investment Bank.
Here's what our previous graduates are saying about their front-line experience in research, investment banking, trading and sales.
Our graduate recruitment programme for this year is now open.
(Left-to-right below) Robert Johnson, Jamil Miah, Ciaran Donnelly and Carole Madjo.
What was the recruitment process like?
“It was clear to me from the outset that Liberum has a very clear view of what it is looking for. This is a product of the flat organisational structure of the firm. I felt it has a very clear understanding of what kind of candidates are going to be successful in the company, which is reflected in how many graduates have gone on to be an important part of the company.” - Ciaran
“I really enjoyed the recruitment process because it took place in a positive and non-stressful environment which made me feel at ease during the interviews.” – Carole
Describe the business
“At Liberum, there is a great togetherness about the firm. I believe this comes from being a 100% employee owned business. There is a personal feel to it and you can see it in how much people care about the success of the firm.” – Ciaran
“The work is challenging and the standards are extremely high. I feel like I am learning to work to a high standard and great level of attention to detail.” – Robert
“People are also really nice to each other and most importantly know each other. It is really pleasant to work in a place where everybody knows your name.” - Carole
Does the rotation experience work?
“Rotating into four departments really gave me a better understanding of the equity market. Graduates gain a lot of experience, more than what would be achievable in a larger company, so you can discover which position suits us the most.” - Carole
“Other banks’ graduates get a textbook awareness of these things through the CFA curriculum. At Liberum, graduates learn the job and its pressures for themselves. And also have the pleasure of the CFA exams!” - Robert
“Another great thing is how it supports you when taking your exams, either CISI or CFA. You are given a huge amount of support, from study leave to supporting materials, giving you the best chance to gain these qualifications.” - Ciaran
What are you currently doing?
“I’m in Investment Banking which has been fantastic. You are supporting multiple projects, giving you exposure to exciting projects from day one. Most recently, I have worked on a project advising a client on their options on how to raise capital in order to make a possible acquisition.” – Ciaran
“I’m assisting in the preparation of a research report on the housebuilding sector, working with financial models and using the data to present emerging themes and trends in the industry. With a General Election approaching, it also involves looking at political research and polling data to present.” - Robert
“I’m currently supporting with a key publication for the Small & Mid-Cap Sales team, which involves publishing our thoughts on select emerging companies. This involves meeting with a diverse range of company management to understand their business model and key themes affecting their industry sector, whilst identifying unique investment ideas for the companies.” – Jamil
“I am currently working in the Trading desk. My current tasks include updating and optimizing spreadsheets for the Small & Mid Cap trading team and calling clients to update them on the company’s recent achievements.” - Carole
And your best bits so far?
“The one that really stands out was the day the potential merger between Glencore and Rio Tinto broke. I was working in the mining research team and within seconds everything was turned up a notch. The phones were buzzing, everyone wanted to know what was going on. It just typifies for me what working in this industry is about, everything can change in a second and you have to be ready for anything because everything can change on any given day.” – Ciaran
“Working on an IPO in Investment Banking. It was really interesting to see the process from end to end and learn the different pressures and stresses along the way – most of which are different to what a textbook will teach you.” - Robert
“When I worked on a value-add piece of research on the currently topical Liquefied Natural Gas (LNG) market whilst working with the Oil & Gas team. It supported the Analysts on the team to understand the future growth of the LNG market given the volatile macroeconomic conditions.” - Jamil
“I was the first graduate to host the Sales morning meeting - a really good experience.” - Carole
Where are they now?
Ciaran joined the Media Equity Research team permanently.
Jamil and Robert both joined the Investment Banking division permanently.
Carole joined the Consumer Equity Research team, and subsequently has pursued opportunities elsewhere.
Follow or Contact Liberum
+44 (0)20 3100 2000
Liberum has appointed Christopher Lewey as Head of Sponsor Coverage, adding 21 years of corporate finance experience gained at Close Brothers, Betfair and law firm Irwin Mitchell. He starts on 29 September 2009.
“Christopher will develop and manage Liberum's relationships with the private equity and venture capital community,” said Peter Tracey, Liberum’s Head of Investment Banking. “He has a track record that makes him perfect for this role, having experience of both advisory and client side work.”
Christopher qualified as a Chartered Accountant before moving to a corporate finance role with Rea Brothers in 1993 and subsequently became Head of Leisure and Retail in 2001 at Close Brothers Corporate Finance.
He joined Betfair in 2007, where he was responsible for M&A and new ventures. This role included management of Betfair's initial public offering in October 2010.
Christopher comes to Liberum from Irwin Mitchell, which he joined in May 2011, where he was again responsible for M&A strategy and execution as well as wider strategy development.
His appointment follows that of Anna Hartropp to the investment banking team at Liberum earlier in September, bringing nine years of FTSE100 and FTSE250 experience from Marks & Spencer, Cookson and, most recently, global technology company Laird PLC.
Liberum celebrated its seventh anniversary on September 10th and over that period it has played a role in 25 initial public offerings, most recently those of GAME Digital, Volution and P2P Global Investments.
Some £12.6 billion has been raised by Liberum and syndicates on behalf of companies and Topps Tiles and Photo-Me International are the most recent to join its roster of corporate clients.
Liberum provides research, sales, trading and corporate advice to European and North American institutional investors and companies. It covers more than 380 stocks that constitute 80% of the FTSE100 and 50% of FTSE250.
Click on this infographic here >> to know more about Liberum's growing business.
Follow or Contact Liberum
Press Enquiries: Redleaf Polhill
+44 (0)20 7382 4747