Writing Securities Research: A Best-Practice Guide, 2nd Edition

Books that help analysts and investors understand securities analysis and valuation abound. By examining real cases from around the world including many related to the financial crisis, Jeremy Bolland’s unique and timely new release, “Writing Securities Research: A Best Practice Guide, 2nd Edition” (ISBN: 978-0-470-82602-7 ) identifies the risks that anyone who writes about, recommends or invests in stocks and bonds face – wherever in the world they operate. These risks include topics such as conflicts of interest, unfair distribution, front-running, insider trading, spreading rumors, defamation, copyright, not justifying recommendations, and not highlighting investment risks.

Bolland rightly concludes that investing in securities is not just about analyzing numbers – it is also about assessing people. The book crucially includes case studies on corporate governance issues such as social responsibility, unfair treatment of minority shareholders, executive remuneration, independent non-executive directors, and risk management.

Dr. Mark Mobius, Executive Chairman of Templeton Asset Management, says the book is not just a comprehensive guide for analysts, but that it should also be compulsory reading for research managers, compliance officers, editors, securities lawyers, securities regulators and students of investment and finance.

Emma Pegler, Global Head of Research Control at HSBC, says that Jeremy Bolland has done what no-one had thought of doing before by pulling together the rules and examples where firms and individuals fell foul of those rules. She adds that this best-practice guide can be used by the green and the seasoned in any jurisdiction.