A PAN-AFRICAN CENTER FOR GLOBAL RESEARCH
BMCE Capital Global Research is a leading pan-African expert in the Global Research market. It has always positioned itself as the most important centre of excellence dedicated to research and sell-side financial analysis in Morocco. As an independent subsidiary of BMCE Capital, the Business Banking division of the Bank of Africa Group, our Office has expanded its scope to the Tunisian and West African markets over the past ten years. Today, it provides global coverage.
A TOP-DOWN APPROACH
BMCE Capital Global Research is a leading source of in-depth news and financial analysis for its clients, both institutional and individual, in line with the best international standards. Our Office combines the financial and strategic dimensions of research in a top-down approach encompassing economic, sector and company analysis. BMCE Capital Global Research is also today the only Research Office to offer quantitative analysis in addition to fundamental and technical ones.
BMCE Capital Global Research prepares its clientèle annual strategic investmentportfoliosin securities listed on the Casablanca, Tunis and Abidjan markets. The repeated outperformance of their benchmark is a testament to analytical insightfulness.
BMCE Capital Global Research’s innovative organizational model strictly separates Equity Research and Business Development activities. The Markets Desk provides coverage for Fixed Income, Foreign Exchange and Commodities.
With its experience and its multidisciplinary team, BMCE Capital Global Resarch offers its clients its know-how and expertise forged over the last 25 years to provide a pan-African platform for the most advanced financial and stock market information.
WHY CHOOSE BMCE CAPITAL GLOBAL RESEARCH?
BMCE Capital Global Research puts its clients at the heart of its endeavors and leverages its expertise to their advantage.
MULTIDISCIPLINARY SKILLS
About fifteen analysts make up the multidisciplinary team of the BMCE Capital Global Research center of excellence. Located in Casablanca, Tunis and Abidjan, these specialized resources have the best educational backgrounds and proven sectorial experience..
RECOGNIZED RESEARCH
The quality of BMCE Capital Global Research is well-known among domestic and international investors. The margin of error of the forecasts made by our Office does not exceed an average of 5% over the last ten years. This performance attests to the depth and relevance of the analyses produced.
GUARANTEES OF INDEPENDENCE
The first Research Office to be spun off in Morocco, BMCE Capital Global Research has been an independent legal entity since 2014. Its investment recommendations are based on objective analysis. The capital backing of BMCE Capital opens up continental horizons for our Office and gives it access to the latest technological tools, capable of covering several African markets simultaneously.
A STRONG CONTINENTAL PRESENCE
BMCE Capital Global Research covers the equity, interest rate, foreign exchange and commodities markets in Morocco, Tunisia and West Africa.
The Casablanca head office manages a financial database of 175 listed securities, 74 publicly traded. Its coverage focuses on the 40 largest stocks on the market.
BMCE Capital Global Research covers the Tunisian market via its Tunis branch, close collaboration with BMCE Capital Securities, BMCE Capital’s brokerage subsidiary in Tunisia.
BMCE Capital Securities’ Equity Research Office relies on recognized local expertise. Under the supervision of the Casablanca head office, it monitors 82 listed companies, including a portfolio of 14 hedged stocks.
The Research Office for the West African Monetary Union (WAMU) zone is located in Abidjan, Côte d’Ivoire. It provides permanent and rigorous coverage of the regional securities exchange (BRVM) market, in strong complementarity with BOA Capital Securities, the BOA Group’s stock market intermediary in the region.
With its strong regional reputation, our Office in the economic and financial capital of French-speaking West Africa monitors 45 listed stocks, 24 of which are included in its coverage. The local team also relies on the sharing of expertise with BMCE Capital Global Research.
Our regional offices
THE POWER OF THE AFRICAN SECURITIES NETWORK-ASN®
Our Research and Analysis Offices in Casablanca, Tunis and Abidjan are part of the pan-African African Securities Network-ASN®, the first network of Research Offices on the African continent..
ASN® aims at promoting the pan-African Research Sell Side of the BMCE Capital Group and its African partners. Since 2015, the network has been distributing the Casablanca, Tunis and Abidjan Research Offices publications, both in co-branding and re-branding (value notes, sector notes and pan-African themes).
Wholly owned by BMCE Capital Global Research, African Securities Network-ASN® is expanding to include independent partners where the Group does not yet have a presence.
In this context, BMCE Capital and the Nigerian independent investment bank ARM entered into a Global Research partnership agreement in 2019. It reinforces the pan-African scope of the two partners who are pooling their resources and publications. ASN® coverage currently includes Morocco, Tunisia, Côte d’Ivoire, Nigeria, Ghana and Kenyaa.
Through the African Securities Network-ASN®, BMCE Capital Global Research affirms a strong continental positioning. Our Office offers its clients pan-African coverage of several markets and a robust financial database..
