Canaccord Genuity Group Inc T.CF

Alternate Symbol(s): CCORF | T.CF.PR.A | T.CF.PR.C

Financial Services Asset Management

Canaccord Genuity Group Inc. is a Canada-based independent and full-service financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Capital Markets segment includes investment banking, advisory, research and trading activities on behalf of corporate, institutional and government clients as well as principal trading activities in Canada, the United Kingdom, Europe, Australia and the United States. The Wealth Management segment provides brokerage services and investment advice to retail or institutional clients in Canada, the United States, Australia and the United Kingdom and Crown Dependencies. Together, these operations offer a range of complementary investment products, brokerage services and investment banking services to its private, institutional and corporate clients. Its international capital markets division operates in North America, the United Kingdom & Europe, Asia, and Australia.

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Canaccord Genuity Group Inc

Bullboard Posts

Post by DTM5on Dec 23, 2011 11:28pm

520 Views

Post# 19350370

I'm buying

I like asset managers / brokers / investment banks and these are trading cheaply; Not without reason as their results have been problematic recently and will take time to turn around as they are more related to market strength as opposed to operational issues; I'm building a position with a 18-24 month timeframe.

I like what cf did with the acquisition; I don't think there are any cost synergies in the near term, but as a strategic move to become a global investment banking player and cement deal flow it is excellent.

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