BBY Ltd

Type	Private
Founded	1987
Founder(s)	J. William Burdett[1]
Headquarters	Sydney, Australia
Key people	Glenn Rosewall Executive Chairman & CEO
Industry	Financial Services
Products	BBY smartTrader
Employees	64 Australia, 20+ International (2009)
Website	www.bby.com.au

BBY Ltd is an integrated Australian stock broking, corporate advisory and asset management firm, founded in 1987. BBY’s provides financial and advisory services to emerging and mid sized companies and their investors including corporate finance, research, sales & trading, and asset management services. ^[2]

[edit] Background

BBY, formerly known as Burdett Buckeridge Young Limited, was established in 1987 by three former A.C. Goode & Co. brokers, in conjunction with the State Bank of Victoria (SBV). The acquisition of SBV by the Commonwealth Bank of Australia in the early 1990s saw the disposal of their interest and subsequently Jefferies & Co. acquired an interest in the firm.

Since then, BBY has established institutional broking and capital raising services on the back of its research platform. The company has offices in Sydney, Melbourne, London, Dubai, and Hamilton, Bermuda and a strategic partnership with CIMB - GK Securities Pte. Ltd.

In 2005, The Australian Securities and Investments Commission issued a warning against BBY for allegedly failing to manage conflicts of interest for publishing positive research about a corporate client it was advising. ASIC imposed special conditions on BBY's financial services licence.^[3]

In 2006, the company completed the acquisition of Jaguar Asset Management Ltd.^[4] Two years earlier, in 2004, the two companies had entered into a strategic alliance, under which Jaguar managing director Glenn Rosewall was appointed chief executive officer of BBY.^[5]

In 2008, the company won an International Stevie Award for Best New Financial Product in The 2008 International Business Awards. ^[6].

[edit] External links

• BBY Limited Website
• Jaguar Asset Management Limited Website

[edit] References