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Investec adds two to equity research team

Investec Investment Banking & Securities (Investec) has made two new hires in its Industrials equity research team, following the appointment of Ben Bourne in September 2018.

Scott Cagehin has joined from HSBC and will cover UK Electrical and Mechanical Engineers. He previously covered the sector at Numis, having begun his career at Merrill Lynch in 2000.
 
Rory Smith joins from RBC’s Pan-European Industrials research team to cover UK Aerospace & Defence and Industrials. Previously, he followed the sector at Liberum.
 
Ben Bourne, who leads the team, says: “The Investec Industrials team is thriving. Scott and Rory will provide a further boost to our coverage, providing expertise and differentiated research that adds real value for institutions.”
 
Harold Hutchinson, Head of Research, says: “Demand for high quality research remains strong: post MIFID, our position has strengthened, both in terms of our position in Extel and in terms of voting matrices from core institutional clients. We’re pleased to be bolstering our Industrials team, which has developed a reputation for distinctive, high-quality research among institutions and corporates.”

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