Merrill pushes into independent research

Merrill Lynch has become the latest bank to provide its buyside clients with greater access to third-party research on equity investments, following rivals Goldman Sachs and UBS in forming a partnership with a group of independent research providers.

The US bank has launched Merrill Open Minds, a service that gives its clients access to research conducted by seven independent providers on the companies and sectors in which they invest. This includes research on extra-financial information, corporate integrity risk, federal policy, healthcare, media, energy and consumer surveys.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire