Research Coverage

Aerospace and Defence Analyst: Edward Stacey.
BAE Systems Plc	BA.L
Chemring	CHG.L
Cobham	COB.L
EADS	EAD.PA
Finmeccanica	SIFI.MI
Meggitt	MGGT.L
Qinetiq	QQ.L
Rolls-Royce	RR.L
Safran	SAF.PA
Smiths Group	NULL
Thales	TCFP.PA
Ultra Electronics	ULE.L
Banks Analysts: Alan Broughton, Anke Reingen, Fiona Swaffield, Joseph Dickerson, Rob Noble.
Barclays	BARC.L
BBVA	BBVA.MC
BNP Paribas	BNPP.PA
Commerzbank	CBKG.DE
Credit Agricole	CAGR.PA
Credit Suisse	CSGN.VX
Danske	DANSKE.CO
Deutsche Bank	DBKGn.DE
EFG International	EGFN.S
Erste Bank	ERST.VI
Intesa Sanpaolo	ISP.MI
Julius Baer	BAER.VX
Lloyds Banking Group	LLOY.L
Nordea	NDA.ST
Postbank	DPBGn.DE
RBS	RBS.L
Santander	SAN.MC
SEB	SEBa.ST
SHB	SHBa.ST
Soc Gen	SOGN.PA
Swedbank	FSPAa.ST
UBS	UBSN.VX
Unicredit	CRDI.MI
Food & Beverage Analysts: James Edwardes Jones, Martin Dolan.
AB Foods	ABF.L
Anheuser-Busch InBev	INTB.BR
Cadbury	CBRY.L
Carlsberg	CARLa.CO
Carlsberg	CARLb.CO
Danone	DANO.PA
Diageo	DGE.L
Heineken	HEIN.AS
Nestle	NESN.VX
Northern Foods	NFDS.L
Pernod-Ricard	PERP.PA
Premier Foods	PFD.L
SAB Miller	SAB.L
Tate & Lyle	TATE.L
Unilever	ULVR.L
Unilever NV	UNc.AS
General Financials Analyst: Nitin Arora, CFA.
Burford Capital Ltd	BUR.L
ICAP Plc	IAP.L
Man Group	EMG.L
Industrial Goods & Services Analysts: Nick Paton, CFA, Rob Virdee.
ABB	ABB.VX
Alstom	ALSO.PA
Atlas Copco	ATCOa.ST
Capita	CPI.L
Electrolux	ELUXb.ST
Kone	KNEBV.HE
Philips	PHG.AS
Prysmian Spa	PRY.MI
Sandvik	SAND.ST
Schneider	SU.PA
Siemens	SIEGn.DE
SKF	SKFb.ST
Vestas Wind	VWS.CO
Insurance Analyst: Joy Ferneyhough.
Admiral	ADM.L
Allianz	ALVG.DE
Amlin	AML.L
Aviva	AV.L
Axa	AXAF.PA
Beazley	BEZ.L
Brit Insurance	NULL
Catlin	CGL.L
Chaucer	CHU.L
Hannover Re	HNRGn.DE
Hardy Underwriting	HDU.L
Hiscox	HSX.L
JLT	JLT.L
Lancashire	LRE.L
Munich Re	MUVGn.DE
Novae	NVA.L
Omega	OIH.L
RSA	RSA.L
Sampo	SAMAS.HE
Scor Groupe	SCR.PA
Swiss Re	RUKN.VX
Zurich Financial	ZURN.VX
Media Analysts: Giasone Salati, Mark Evans.
BSkyB	BSY.L
Informa	INF.L
Mediaset	MS.MI
Pearson	PSON.L
Publicis Groupe	PUBP.PA
Reed Elsevier NV	ELSN.AS
Reed Elsevier PLC	REL.L
Telecinco	TL5.MC
Thomson Reuters Corp	TRI.TO
Vivendi	VIV.PA
Wolters Kluwer	WLSNc.AS
WPP	WPP.L
Personal & Household Goods Analysts: James Edwardes Jones, Martin Dolan, Ved Vyas.
Henkel	HNKG_p.DE
L'Oreal	OREP.PA
Pace Plc	PIC.L
Reckitt Benckiser	RB.L
Retail Analysts: Caroline Gulliver, Richard Cathcart, Robert Evans.
Carrefour	CARR.PA
Casino Guichard	CASP.PA
Debenhams	DEB.L
DSG International	DSGI.L
H&M	HMb.ST
Home Retail Group	HOME.L
Kesa Electricals	KESA.L
Kingfisher	KGF.L
M&S	MKS.L
Morrisons	MRW.L
Next	NXT.L
Praktiker	PRAG.DE
Sainsbury	SBRY.L
Tesco	TSCO.L
Telecommunications Analysts: Andrew Hogley, Nick Brown, Will Draper.
Belgacom	BCOM.BR
BT	BT.L
C&W	CW.L
C&W Communications Plc	CWC.L
Carphone Warehouse	CPW.L
Deutsche Telekom	DTEGn.DE
Elisa	ELI1V.HE
France Telecom	FTE.PA
Hellenic Telecom	OTEr.AT
Iliad	ILD.PA
Kabel Deutschland	KD8Gn.DE
KPN	KPN.AS
Portugal Telecom	PTC.LS
Swisscom	SCMN.VX
TalkTalk Group	TALK.L
Tele2	TEL2b.ST
Telecom Italia	TLIT.MI
Telecom Italia Savers	TLITn.MI
Telefonica	TEF.MC
Telekom Austria	TELA.VI
Telenor	TEL.OL
TeliaSonera	TLSN.ST
Turkcell Ile	NULL
Turkcell Iletisi	TCELL.IS
Virgin Media	VMED.L
Vodafone	VOD.L
Zon Multimedia	ZON.LS
Travel & Leisure Analyst: Alistair Macdonald.
Enterprise Inns LS	ETI.L
Fuller, Smith & Turner	FSTA.L
Greene King	GNK.L
JD Wetherspoon	JDW.L
Marstons Plc	MARS.L
Mitchells & Butler	MAB.L
Punch Taverns	PUB.L
Utilities Analysts: Andrew Fisher, Lawson Steele, Lucas Ocelewicz.
Centrica	CNA.L
Cez	CEZPsp.PR
EDF Energy	EDF.PA
EON	EONGn.DE
Fortum	FUM1V.HE
GDF Suez	GSZ.PA
International Power	IPR.L
RWE	RWEG.DE
Suez Environnement	SEVI.PA
Veolia	VIE.PA
Verbund	VERB.VI