Ebb & Flow

Pacific Growth Equities last week unveiled plans to avoid what it thinks is the increasing commoditization of sellside research. The firm rolled out its Sector Sales department to provide unpublished investment ideas to the firm's clients.

"We're making a true bridge between our analysts and sales department and the client portfolio manager," said Pacific Growth co-CEO Thomas Dietz. "The Sector Sales people have enough knowledge of portfolio management that they can go out and say 'you need to buy these 10 stocks. Here's the risk, newsflow and how to get in and out'." ...