ARM Research

At ARM, investment research is a critical element to the achievement of our business value proposition of seeking optimum wealth creation opportunities for our clients. Our research approach is consistent with our investment philosophy of value-orientation, geared towards achieving maximum real returns for our clients whilst optimizing the risk-return trade off.

We believe that the most effective way to identify value stocks is through fundamental research. Therefore, we conduct our research using an integrated methodology of top-down analysis and bottom-up instrument selection relating principally to publicly quoted companies listed on exchanges which are judged to offer the highest potential for growth at predetermined risk levels. Our approach entails a sequential review of international and national macroeconomic variables, sector review and asset analysis. We invest in securities that we believe are priced at a discount to their intrinsic value, as we believe that the price of a stock will rise to reflect its underlying value in the long-run.

Key distinguishing features of ARM's Research include:

• In-depth understanding of the local environment through our years of experience that enables us to look beyond the financials and understand the company's business.
• Expertise in developing valuation models to identify misruled securities and realise a positive alpha. Thus, we contribute to the effective functioning of the capital markets.
• Extensive coverage of the Nigerian stock market and production of timely, clear and objective research reports on covered companies.
• Coverage of economic and financial market developments in international markets to guide our global investment strategy.

Our Research team is highly proficient and organized across regions and sectors. The regions/countries we cover include the following:

• North America - specifically the United States of America
• Europe
• Asia - Japan, China, India, South Korea and Singapore
• Latin America - Chile, Brazil, Mexico and Argentina
• South Africa
• Nigeria

Leveraging on a research database spanning 15 years, our research unit produces several research reports which include:

• Daily and weekly market update
• Weekly stock picks
• Industry report
• Stock report
• Global Asset Allocation (GAA) Report
• Ad-hoc articles and newsletters

To find out more about our research, please contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it