Robert Waldschmidt named as Consumer Goods Analyst

06 August 2014 | People

Liberum has named Robert Waldschmidt (below) as Consumer Goods Analyst, bringing almost 15 years of experience covering food and home and personal care companies.


He joins from Bank of America Merrill Lynch where he led coverage of household names such as Nestlé, Unilever, Danone, L’Oréal, Reckitt Benckiser and Beiersdorf. Prior to that, Robert worked for Goldman Sachs and Merrill Lynch in London and William Blair and Lazard in Chicago. 

“I’m delighted to have the chance to expand Liberum’s coverage of these vital and dynamic industries,” he said.

“The world’s rapidly growing middle class, as seen predominantly in China and other emerging markets, is putting European Consumer companies at the front line of global and changing consumer habits. I believe we will see continued strong, secular growth in emerging market consumer demand for several decades to come, presenting many companies with unprecedented growth opportunities.” 

Robert, who is married with two young children, graduated from the University of Illinois with a BSc (Hons) in Finance and also holds an MBA from MIT Sloan. 

Liberum is a pan-European investment bank founded in 2007 providing research, sales, trading and corporate advice to European and North American institutional investors and companies. It covers more than 300 stocks constituting 80% of the FTSE100 and 50% of FTSE250. 

Click here >> for the latest infographic on how Liberum’s business is growing and changing.

Follow us on Twitter @LiberumToday, visit our website, contact us by email or call + +44 (0)20 3100 2000

How UK consumers are feeling (infographic)

24 July 2014 | Analyst Insight

The latest Liberum Consumer Survey is revealing an increase in the confidence of the British public but also shows rising expectations of an interest rate hike and identifies what expenditure is at risk from that. The survey is compiled by Liberum Media Analysts Ian Whittaker and Lisa Hau. You can follow Ian on Twitter.

Click on the image below to see our infographic. 

 Consumer Survey Image

Methodology: 1,001 respondents were asked their views in April/May 2014. Respondents 48% males and 52% female), across age groups and split by social classes A-B: 28%, C1-C2: 43% and D-E: 28%. The survey has been running since September 2009 and our index is derived through weightings applied to the net positive scores of the factors. Job security (20%), Mortgage Payment Outlook (15%), Tax Outlook (12%) and Housing (20%) are key factors which we place a greater weight on.

Contact George Parrett at Redleaf Polhill for more information:

+44 (0) 20 7382 4747 

Topps Tiles names Liberum Joint Corporate Broker

10 July 2014 | Corporate Brokerships

Topps Tiles PLC (Ticker: TPT LN), the UK's leading tile and wood flooring specialist, has named Liberum as Joint Corporate Broker. 

Topps Logo

The group, with a market capitalisation of £200 million and listed on the LSE Main Market, has grown to incorporate 1,500 specialist experts and over 300 stores nationwide, with more openings in the pipeline.

It supplies tiles and associated accessories for the refurbishment of UK domestic housing to both a trade and retail customers. 

Topps Tiles website >>

The Liberum team consists of Jeremy McKeown, Jeremy Smith and Julian Collett (Sales), Sanjay Vidyarthi and Adam Tomlinson (Research), Neil Patel and Jamie Richards (Investment Banking) and Marcio Remedios (Corporate Access).

Contact George Parrett at Redleaf Polhill for more information:

+44 (0) 20 7382 4747 

£200m IPO for P2P Global Investments, Liberum Sole Bookrunner

24 June 2014 | Corporate Brokerships, IPO

P2P Global Investments (Ticker: P2P LN), the first UK-listed company dedicated to investing in loans originated by leading peer-to-peer platforms around the world, undertook a successful initial public offering May 28th, 2014, raising £200 million. Liberum acted as Sponsor and Sole Bookrunner. 

The company is structured as a UK Investment Trust and Marshall Wace LLP and Eaglewood Capital Management LLC have been appointed as Investment Manager and Sub-Manager, respectively. The company is listed on the Premium segment of the Official List and Main Market of the London Stock Exchange. 

Liberum is Corporate Broker to P2P Global Investments.

The company aims to deliver attractive dividend income and capital growth with exposure to the new generation of non-bank finance. 

“The successful creation and listing of P2P Global Investments…is a significant step forward in the development of this dynamic new sector,” Simon Champ, CEO of Eaglewood Europe, said. 

"I am delighted by the strong demand we have received from investors to our Placing and Intermediaries Offer,“ Jonathan Barlow, CEO of Eaglewood Capital, added. “I believe this is testament to the strength of Eaglewood’s investment management proposition, coupled with the level of interest in the growing peer to peer sector.” 

Company website >> 

The Liberum team consisted of Simon Atkinson, Tom Fyson and Josh Hughes in Investment Banking, Cormac Leech and Karen Lucey in Research, James Bouverat in Sales, David Parsons in Equity Capital Markets and Regan Connor in Corporate Access.

James Bouverat was last week voted #1 in Specialist Sales in the UK Small & Mid Cap category of the widely-watched Extel Survey of some 16,000 fund managers and institutional investors. Liberum rose to second place in the category from fifth last year.

For more information, email George Parrett at Redleaf Polhill or call +44 (0) 20 7382 4747

Liberum is Bookrunner on Volution IPO

23 June 2014 | Advisory Work, IPO

Volution Group (Ticker: FAN LN), best known for market-leading ventilation brands in the UK and Continental Europe such as Vent-Axia, Torin-Sifan and inVENTer, successfully priced its initial public offering June 18th, giving it a £300 million market capitalisation. Liberum was joint bookrunner on the IPO.

Below: Volution's brands

Volution Brands

It is the fifth IPO Liberum has been involved with in the first half of this year and follows CityFibre, Manx Telecom, P2P Global Investments and GAME Digital.

Volution manufactures and supplies ventilation and combustion fans, energy recovery systems, low energy motors and blowers. 

It listed on the Premium segment of the Official List and Main Market of the London Stock Exchange.

The offering was priced at 150 pence a share and raised £100m. 

“We are delighted to have achieved our objective of an IPO and secured the support of investors for the management team and future plans of Volution,” said Ronnie George, Chief Executive Officer of Volution.

“We will continue to focus on our growth strategy, both organically and by acquisition, providing our customers with market leading ventilation products and our investors with long-term value,” he added.

Click here for Volution website >>

The Liberum Team consisted of Neil Patel, Richard Bootle and Thomas Bective (Investment Banking), Charlie Campbell (Research Analyst), Jeremy McKeown (Sales), David Parsons (Equity Capital Markets) and Jenni Herbert and Marcio Remedios (Corporate Access).

Contact: George Parrett at Redleaf Polhill for more information:

+44 (0) 20 7382 4747

Photo-Me names Liberum Corporate Broker

19 June 2014 | Corporate Brokerships

Photo-Me International plc (Ticker: PHTM LN), the world’s leading operator and manufacturer of automated photobooths, has named Liberum as its Joint Corporate Broker.

Founded in 1946 and now listed on the LSE Main Market with a market capitalisation of £500m, Photo-Me has operations in several countries including the UK, Indonesia, Japan, Philippines, Germany and France. 

In addition to its famous photobooths, it operates, sells and services a range of instant service equipment such as digital printing kiosks, business service equipment and coin-operated washing machines.

Go to the Photo-Me website >>

Its client team at Liberum consists of:

Sales: Jeremy Smith
Research: David Brockton
ECM & Investment Banking: David Parsons, Richard Crawley, Jill Li
Corporate Access: Marcio Remedios

Contact: Emma Kane/George Parrett at Redleaf Polhill +44 (0) 20 7382 4747

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