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The Graduates of 2015

30 January 2015 | people

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.

Gards Photo 2015

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 

9X9 Image 500Px 2014 09 24 (1)

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.

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Liberum advises on Matchtech’s £58m recommended cash, share offer for Networkers International

28 January 2015 | Mentions of Liberum

Matchtech Group plc (Ticker: MTEC) announced today a £58m recommended cash and share offer for Networkers International plc (Ticker: NWKI).

Liberum is acting as Rule 3 Independent Adviser to Networkers International and is now its nominated adviser, or Nomad. 

Both companies operate in the professional staffing sector and the combined Group will be a leading specialist recruiter in engineering and technology markets in the UK and internationally. 

The offer of 34p in cash and 0.63256 Matchtech shares for each Networkers International share represents an implied premium of 22.5% to last night’s close of 55p. 

Networkers website: http://www.networkersplc.com/ 

Matchtech website: http://www.matchtechgroupplc.com/investors

The Liberum Investment Banking Team 

Tom Fyson

Steve Pearce

Robert Morton

Josh Hughes

Natalia Lipecka

Follow or Contact Liberum

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Press Enquiries: Redleaf Polhill

Emma Kane 
George Parrett
Karl Wiseman 

+44 (0)20 7382 4747

Summit Germany names Liberum joint corporate broker

16 January 2015 | Corporate Brokerships

German commercial real estate company Summit Germany Ltd (Ticker SMTG LN) has appointed Liberum as joint corporate broker, our 66th brokership. 

The AIM-listed company with a market capitalisation of €350m manages a diversified €600m German commercial property portfolio. Its 50-strong team seeks to identify value-added investment opportunities. 

Below: Rahmhof. Schillestrasse 5, Frankfurt

 Sf191 Rahmhof Shillestrasse 5 Frankfurt 2

It has been in the German commercial property market since 2004 and its investments are focused on multi-let commercial office, retail and logistics properties situated mainly in the country’s financial centres. It generates its income letting to commercial, governmental/public sector and industrial tenants. 

Summit Germany website: http://www.summitgermany.com/

The Liberum Team

Investment Banking: Chris Bowman and Jill Li

Sales: James Bouverat and Anastasia Mikhailova

Research: Rob Jones

Corporate Access: Regan Connor

Follow or Contact Liberum

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Twitter: @LiberumToday

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Press Enquiries: Redleaf Polhill

Emma Kane 
George Parrett
Karl Wiseman 

+44 (0)20 7382 4747

Liberum named Joint Corporate Broker to 4imprint Group plc

12 January 2015 | Corporate Brokerships

4imprint (Ticker: FOUR LN), a £225m-market capitalised direct marketer of promotional products in the USA, Canada, the UK and Ireland, has named Liberum as Joint Corporate Broker.

It is the No.1 direct marketer in the North American promotional products market, with its direct marketing business headquartered in Oshkosh, Wisconsin, USA and with 96% of its revenue generated in the USA and Canada. The business serves UK and Irish customers out of its base in Manchester, England.

The business supplies an extensive range of customised promotional products to individual customers in a variety of businesses and organisations, using targeted direct mailing and a strong internet presence.

> 4imprint website

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Head of Content: Adam Smallman @LiberumSmallman

Press Enquiries: Redleaf Polhill

Emma Kane 
George Parrett
Karl Wiseman 

+44 (0)20 7382 4747

Shortlisted in UK Stock Market Awards

09 January 2015 | Mentions of Liberum

(LONDON) THE initial public offering of GAME Digital plc in 2014, on which UK independent investment bank Liberum acted as joint bookrunner, is among the nominations for the 2015 UK Stock Market Awards. 

Liberum is broker to four companies on the shortlist: Workspace, Ted Baker, Manx Telecom and GAME Digital. 

It is also nominated as Best Adviser – Corporate Sponsors.

The nominations are made by the public and “is testament to the huge value that UK PLC brings to Britain”, according to Awards co-sponsor KPMG. 

Judges meet in February to chose the winners in 23 categories and the Awards take place on March 26 in London.

http://www.stockmarketawards.com/

Follow or Contact Liberum

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Head of Content: Adam Smallman @LiberumSmallman

Press Enquiries: Redleaf Polhill

Emma Kane 
George Parrett
Karl Wiseman 

+44 (0)20 7382 4747

UK consumer is cautious yet upbeat in latest Liberum sentiment survey

10 December 2014 | Mentions of Liberum

In the face of job and tax worries and a softening housing market, 'cautious yet upbeat’ best captures the feedback in Liberum's latest UK consumer sentiment survey carried out through Oct/Nov.

Click on the image below to see a four-minute video from this year's City AM Analyst of the Year, Ian Whittaker, that puts the survey in context.

Singletrack Card Ian Whittaker Consumer Survey

Striking is the rising appetite for home improvements, house moves, flexible hours and overtime, with bonus expectations rebounding.

Polled before the sharpest falls in the price of oil, the British consumer also expects inflation to ease further and even appears less hostile to utilities.

> Click here for an infographic overview of the key findings

The sense of job security has slipped but expectations of more flexible hours, overtime and bonus payments have improved markedly. This underpins the improved mood toward disposable income and spending power.  The continued fall in the costs of essentials and fuel prices has helped.

The British consumer expected an interest rate rise within around eight months back in the summer. That’s now pushed out to more than nine months. More than a quarter of those polled expect it over a year hence, up from a fifth in the past two quarterly surveys.

It will come as no surprise to find that the most popular answer to the question on whom you would vote for as Prime Minister was "none of these". However as we approach the general elections we see this percentage decreasing.

Whilst David Cameron’s support increased, Boris Johnson's support inched back. Nigel Farage’s polls have increased in this quarter shortly followed by Ed Miliband. Similar to previous quarters’ trends Ed Miliband keeps double the vote of his brother, David.

The remaining votes were equally split in between Alex Salmond, Ed Balls, who both have gained share since the previous quarter and Nick Clegg.

The survey has been running since September 2009 and our index is derived through weightings applied to the net positive scores of the factors. Job security (20%), Mortgage Payment Outlook (15%), Tax Outlook (12%) and Housing (20%) are key factors which we place a greater weight on. The index has been on an upwards trajectory since October 2012, peaked in Q2 14 at 13.3% and eased since then to 9.9 %.

Methodology 1,005 respondents were asked their views in October/November 2014. The respondents were evenly distributed by gender (males: 49%, females: 51%), across age groups and throughout the social classes (A-B: 27%, C1-C2: 47% and D-E: 27%). 

Follow or Contact Liberum

Twitter: @LiberumToday @LiberumIanW

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Head of Content: Adam Smallman @LiberumSmallman

Press Enquiries: Redleaf Polhill

Emma Kane 
George Parrett
Karl Wiseman 

+44 (0)20 7382 4747