Lombard Street Research


TS Lombard has produced some of the most sophisticated work that I have come across on monetary policy in the EM space lately.
Abishek Gon, Economist, Amundi
London, UK
In my 10 years of reading and following China, Bo Zhuang is the best and most insightful analyst I have ever met/read/followed. His non-standard approach is spot on.
Director, Fixed Income, Asset Management firm running $276bn
London, UK
TS Lombard is consistently thoughtful, provocative and ahead of the game.
John Plender, Senior Editorial Writer & Columnist, The Financial Times
Lombard Street and Trusted Sources - both are always interesting, always thoughtful, always worth reading"
Hamish McRae, The Independent
London, UK
I'm a big fan of your China team, and know Jonathan Fenby for a number of years. Keep up the good work.
Clifford Coonan, The Independent
London, UK
TS Lombard's research is invariably clear, insightful and timely
James Grant, Founder, Grant's Interest Rate Observer
London, UK
TS Lombard has an excellent team.
Chris Buckley, Beijing Correspondent, The New York Times
Hong Kong
Because TS Lombard's research is unbiased and independent, it is often ahead of the curve.
Valentin Schmid, Business Editor, The Epoch Times
New York, US
TS Lombard's in-depth research and analysis and consistently high levels of insight are an incredibly useful tool in my work
Nicol Degli Innocenti, London Correspondent, Il Sole 24 Ore
Rome, Italy
Lombard gives me a much needed perspective on underlying trends and points out different routes into the future worldwide so much so that having subscribed to it for thirty odd years during my full time career I have kept it on in my retirement. I particularly value messrs Dumas and Skene’s insights.
Nigel McNair-Scott, Former Non-Executive Chairman, Helical Bar
London, UK
Charles Dumas has been more right than just about anyone.
Senior Portfolio Strategist, Macro Hedge Fund
For me the outstanding feature is linking Macro to the Markets - which is where we all ultimately have to make the decisions.
Eugene Kiernan, Head of Investment Strategy, Appian Asset Management
Dublin, Ireland
We think you do a terrific job.
Director of Fixed Income, $7bn Wealth Management Group
San Francisco, US
Lombard Street provides us with the insights and analysis that go deeper than the superficial commentary on economic data that is the norm in the market place. This is the edge we are looking for.
Matthew Hunt, Investment Manager & Branch Principal, Prospect Wealth
London, UK
I have attended/endured many economics briefings over the years. I thought that the session yesterday was one of the very best.
Harry Morgan, Director of Investment Managment, Tilney Investment Management
Edinburgh, UK
Of all the research I read, Lombard Street has in my view been the most accurate, timely and forward-looking when it comes to developments in China.
Michael Cembalest, Chairman of Market and Investment Strategy, JP Morgan Asset Management
New York, US
Lombard Street Research predicted all the major turning points of the economic cycle over the past decade. Miles ahead of the competition in lucidity and clarity of insight.
Anthony Hilton, City Editor, Evening Standard
London, UK
In a fast food world of real time information, 24 hour news, and Tweets, LSR is the slow-cooked meal which keeps our thinking fit and healthy.
Henry Maxey, CEO & Chief Investment Officer, Ruffer
London, UK
Charles Dumas of Lombard Street Research . . . one of the few truly original thinkers about the economy and markets.
Randall W Forsyth, Barron’s
New York, US
Lombard Street Research provides non-consensus analysis with a different spin that makes us take a look at our investment thesis from different angles. Their researchers have a deep understanding of fundamental economics and their inferences are always very thought-provoking.
Alain Hung, Associate Director, Wisconsin Alumni Research Foundation
Wisconsin, US
LSR's team never tells us what we want to hear, they tell us what they believe is true and defend it with robust analysis and a wealth of experience. Over the last few years we have benefited from some exceptional calls. If LSR do as well over the next 25 years as they have over the last then they will have very many happy clients.
Gary Reynolds, Chief Investment Officer, Courtiers Asset Management
London, UK
Lombard Street Research has had a differentiated view on China and Japan for several years and their insights are worth incorporating into your global macro thinking.
David Aaron, Chief Investment Officer, Executive Monetary Management
New York, US
Intelligent, thoughtful, different – and usually wise!
Hamish McRae, The Independent
London, UK
I have appreciated Lombard Street Research's sharp and incisive commentary on economic developments for some years.
Paul Skinner, Chairman, Rio Tinto plc
London, UK
I studied economics at Cambridge, and then at Harvard, but I learned more in my first month working for Brian Reading than I did in all that time.
Anatole Kaletsky, Founding Partner & Chief Economist, GaveKal Draganomics
Hong Kong
Working in an environment like China, where the data is often arcane and difficult to negotiate, it's great to get the independent view that Lombard Street Research offers. Here's to another 25 years.
Clifford Coonan, The Independent
Beijing, China
Lombard Street Research . . . has been a mile ahead of all the other economic research houses in seeing the global financial crisis coming and documenting its effects.
Anthony Hilton, City Editor, Evening Standard
London, UK
One of the City's most interesting teams of analysts is fielded by Lombard Street Research. It has a high hit rate in forecasting and originality.
The Times
London, UK
Amid all the noise from the markets, Lombard Street Research stands out by providing investors with forward-looking insight not backward-looking information. No one connects the global dots better than Lombard.
Joseph Quinlan, Chief Market Strategist, Bank of America Private Wealth Management
New York, US
Lombard Street Research is an outstanding provider of independent, incisive, intelligent and relevant research. I thoroughly recommend their service.
Richard Staveley, Fund Manager & Analyst, Majedie Asset Management
London, UK
Helpful, concise, to the point and effective in making an investment case for us.
Luca Bindelli, Deputy Head – Investment Strategy, Credit Suisse
London, UK
We are pleased to announce that we have employed the services of Lombard Street Research to provide Credo with global economic views and asset allocation expertise. With an impeccable track record, LSR are rated as one of the foremost independent research houses in the UK... They employ some of the best economic brains in the industry and we are privileged to have them as our service provider.
Credo Capital
London, UK
As an investment manager the reasons for reading Lombard Street Research are: 1) their impartiality, 2) their reports are timely and readable on a day to day basis, 3) their courage to make aggressive forecasts based on technical competence and a healthy measure of canniness and common sense, 4) their success which is a function of experience, quality of personnel and an open and questioning environment.
Peter Holland, Senior Investment Consultant, Fidelity Investments
London, UK
Sometimes very controversial, often bold in their predictions and always worth listening to, I find them stimulating and more useful than most of the sell-side product.
Robert Talbut, Chief Investment Officer, Royal London Asset Management
London, UK
It is refreshing seeing people mince no words and have great intellect. Looking forward to more iconoclastic pieces from you and your team!
Maximilian Sfetcu, Merrill Lynch
New York, US
When we get big macro calls right, I sometimes wonder if clients take note. Charles Dumas nailed the issue of the US output gap and the rally on the 30yr. Great work!
Paul Podolsky, Chief FX Strategist, Fleet Boston Financial, Boston
Connecticut, US
We are very happy customers. We love your work.
Mark Sheppard, Midas Investment Management
London, UK
hugely well-written and useful research
Michael Hunter, Financial Times
London, UK
Your commentary has been invaluable to us, consistently intelligent and informative advice.
Michael Jameson-Till, Investec Bank
London, UK
Lombard Street Research were the only major forecaster to predict correctly rapid UK house price inflation of almost 10% in 2006.
Ed Conway, Daily Telegraph
London, UK
Gordon Pepper is the man who taught the markets that money matters.
Neil Collins, Evening Standard
London, UK
Charles Dumas of Lombard Street Research is widely acknowledged as Britain's most accurate and respected economics forecaster.
Mail on Sunday
London, UK
Lombard Street Research consistently makes good calls on the market.
Steve Bell, Deutsche Bank
London, UK
Brian Reading has more ideas in a month than most people do in a lifetime.
John Plender, Financial Times
London, UK
Management Today has identified the 10 best and worst forecasters for the UK economy ... Top of the pile comes Lombard Street Research.
Management Today
London, UK
I always like hearing Charles speak. More often than not, he is the calm voice of empirical reason in a world dominated by flashy news headlines.
Ashwin Bulchandani, Chief Risk Office, Matlin Patterson
New York, US
Brian Reading, of Lombard Street Research is in my personal opinion the world's pre-eminent global macroeconomist.
Charlie McVean, McVean Trading & Investments
Memphis, US
It is refreshing to deal with people who do not hedge and who make specific calls. Usually the right calls.
Don Hanson, Eiger Capital Limited
London, UK
Lombard Street Research has been bearish on the global economy in recent times. The trouble with Lombard Street Research is that they are usually right.
Patrick Groenendijk, Chief Investment Officer, Pensioenfonds Vervoer
Chicago, US
Lombard Street Research take a unique approach. Their research is excellent and insightful.
Gerard Lyons, Chief Economic Advisor to the Mayor of London
London, UK
Sometimes wrong, more often right, always interesting and generally ahead of the curve.
Robin Edwards, Eiger Capital
London, UK
Brian Reading is almost always completely "out of left field" and causes me to re-think several assumptions.
Phil Torres, Ritchie Capital Management
Chicago, US
Research consistently of the highest quality. The work you have done on the credit crunch has been excellent.
Peter Gale, Chief Investment Officer, Gartmore
London, UK
Every day I start my work reading Lombard Street Research. It's the "first" and "must be" reading. Doesn't matter if I agree with you or I don't.
Frantisek Hajnovic, National Bank of Slovakia