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TS Lombard

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TS Lombard
Company typePrivately Held
IndustryFinancial services
FoundedLondon, England (March 1989, 09 (09-03-1989))
FounderTim Congdon
HeadquartersLondon,
City of London
,
United Kingdom
Key people
  • Andrew Williams (Chairman)
  • Charles Dumas (Head of Research)
Total assets (£2.5m)
Number of employees
50
ParentGlobalData
Websitewww.tslombard.com

TS Lombard, formerly known as Lombard Street Research, was a macroeconomic forecasting consultancy firm headquartered in London with offices in New York and Hong Kong. It is a division of GlobalData after being acquired in 2022. Before acquisition it provided research and advisory services to asset managers, hedge funds, pension funds, central banks, private equity funds, investment banks and corporations.

History

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The company was founded as LSR in 1989 by Tim Congdon, a British economist specialising in the monetarist approach to macroeconomic policy. Charles Dumas joined the firm in 1998, to take over the international forecasting service, and became chief economist in 2005.

Since 1989, TS Lombard has stated that its aim is to provide global investors with independent, provocative economic analysis and investment advice that challenges the consensus.

TS Lombard's forecasting methodology combined Keynesian and monetary economics. It used analysis of money supply, sector financial balances and flow of funds in its forecasting methodology. In 2005, TS Lombard was among the few forecasters to predict the global financial crisis.

The company was acquired by TSL Research Group in 2016.[1]

The company was then acquired by GlobalData in September 2022,[2] with GlobalData stating that the acquisition will allow Lombard to provide their services to more areas of the asset management industry.

Services

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TS Lombard investment research coverage includes the United States,[3] China,[4] Eurozone,[5] the United Kingdom,[6] Japan[7] and South Korea.[8]

References

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  1. ^ "Lombard Street Research merges with Trusted Sources". FTSE Global Markets. 1 August 2016. Archived from the original on 2 August 2016. Retrieved 18 March 2023.
  2. ^ "GlobalData buys economic research firm TSL Research Group, 2 Sep 2022 07:40 | Shares Magazine". www.sharesmagazine.co.uk. Retrieved 24 May 2023.
  3. ^ John Authers (13 January 2020). "These Great Jobless Numbers Are Just Miserable". Bloomberg UK. Retrieved 20 September 2020.
  4. ^ Lee, Yen Nee (17 January 2020). "China to stick to 'phase one' commitments, holding trade deal through US election, TS Lombard says". CNBC. Retrieved 20 September 2020.
  5. ^ John Authers (18 November 2019). "Active Managers Just Can't Win the Loser's Game". Bloomberg UK. Retrieved 20 September 2020.
  6. ^ "TS Lombard's Fraser Says the Pound Is Justified". Bloomberg UK. 21 October 2019. Retrieved 20 September 2020.
  7. ^ Lee, Su-Hyun; Dooley, Ben (28 August 2019). "Japan and South Korea Feud, but Breaking Up Is Hard". The New York Times. ISSN 0362-4331. Retrieved 20 September 2020.
  8. ^ Bermingham, Finbarr; Lee, Jeong-ho (23 August 2019). "Japan trade dispute adds to 'perfect storm' facing South Korean economy". South China Morning Post. Retrieved 20 September 2020.