Named most widely used research provider by 79% of Large Buy Side Money Managers
New York, New York - July 13, 2006 - Citigroup Investment Research is the most widely used research provider with 79 percent of respondents utilizing it regularly, which is 11 percent more than Merrill Lynch and UBS, according to a June 2006 study from the TABB Group.
The TABB Group, the leading firm focused on Financial Markets thought leadership, interviewed 78 firms on all sides of the industry in its survey, from primary consumers (asset and investment management firms) to research producers (independent research providers and brokers/dealers with and without investment banking.) Of those surveyed, approximately 33% of the firms interviewed were based in the U.K. Additional information on the TABB Group can be found at: http://www.tabbgroup.com/.
In addition to the TABB results, the most recent StarMine results recognized Citigroup Investment Research as a global leader for its analysts' recommendations in the U.S., Europe, Emerging Markets and Hong Kong. StarMine is viewed by some to be the most objective source in tracking the performance of equity analyst recommendations, based on the calendar year. Additional information on StarMine can be found at: http://www.starmine.com/.
Citigroup Investment Research is a highly respected research unit and is comprised of more than 300 research analysts in more than 20 locations around the world. Citigroup Investment Research covers approximately 2,800 companies, representing an estimated 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citigroup's exceptional sales and trading capabilities and Smith Barney's financial advisors, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis. Additional information can be found at www.citigroup.net/globalwealthmanagement/
Citigroup, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney and Banamex. Additional information may be found at: www.citigroup.com.
For more information, please contact your Financial Advisor.