Hardman & Co Analyst Mike Foster talks to DirectorsTalk about Lombard Risk Management Plc (LON:LRM). Mike explains why they raised fresh equity, why they are spending the money now, the spending model, the software sector and any effect from the Brexit.
Mike Foster is an equity analyst at Hardman & Co and covers a wide range of clients in the support services, building and property sectors.
He spent his early career working in fund management with British Rail Pension Fund and Eagle Star Investment Management. He then spent two decades in sell side research at several firms including Peel Hunt. He has covered sectors including construction, support services and real estate. In his fund management career he was responsible for both bond and equity portfolios.
Mike was part of the group of investors which acquired Hardman & Co in late 2012. He has a Geography degree from the University of Cambridge.
Lombard Risk Management Plc is a leading provider of regulatory reporting and collateral management solutions that enable clients in the financial services industry to significantly improve their approach to managing risk. With Lombard Risk, clients achieve the agility they need to gain advantage through intelligent automation of regulatory reporting and optimisation of cross-product collateral management, reducing the cost and complexity of managing risk while maximising accuracy, speed and value.
