Pershing is beefing up its global research offerings for its registered investment advisor, broker-dealer and hedge fund customers.
The BNY Mellon clearing unit announced Wednesday it has partnered with Roubini Global Economics, an independent, global economic research firm. The agreement will provide Pershing’s clients with exclusive research and analysis on trends and developments shaping the global economy, as Roubini’s group sees them.
“As global economic shifts present new portfolio challenges and opportunities for fund managers, demand for timely, macroeconomic analysis is on the rise,” Craig Messinger, managing director of Pershing Prime Services, said in a statement.
First up is “States and Sovereigns: Eurozone and U.S. Debt Woes,” which will be presented during an exclusive investment forum on Thursday, in New York. That piece explores key questions surrounding the relative risks associated with Eurozone sovereign debt and U.S. state debt. “Stats and Sovereigns” will also dive into how U.S. states are weathering the crisis of ever-tighter budgets and looming public pension fund liabilities. The report will also assess the risk of default among Eurozone nations in the next two years.
Arnab Das, managing director of market research and strategy at Roubini Global Economics, will be the keynote speaker. Working off of the report, Das will discus the dynamics surrounding the evolving financial and regulatory environment of alternative funds.
After Thursday, Roubini Global Economics will produce semi-annual research reports and host conference calls that explore macroeconomic trends and developments.
Readers can download a copy of the report here.