Argus Research and Rafferty Capital Markets LLC Form Strategic Relationship

NEW YORK, July 20, 2011 /PRNewswire/ -- Argus Research Company and Rafferty Capital Markets LLC today announced a relationship to provide leading-edge products and services to the institutional investor marketplace. Through this relationship, Argus Research will provide research and reports to be distributed by Rafferty.

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"We are pleased to be working closely with Rafferty Capital Markets to provide these new services, which our market research has shown adds value for institutional clients," said John Eade, President of Argus Research. "We are impressed with the Rafferty approach and the company's commitment to professionalism and integrity. We look forward to growing together and operating as one team to provide clients with premier service as well as distinct distribution and execution solutions."

The relationship will provide the following services:

• Corporate access events with members of top-level executive management;
• Regular investment strategy reports by Argus' Chief Investment Strategist Peter Canelo;
• Bespoke research; and
• A new Institutional Research Note designed to showcase the differentiated ideas produced by Argus' team, which includes award-winning analysts, using Argus' unique six-point system.

The Argus team will be led by Executive Vice President and Director of Global Marketing John Scott. The Rafferty equity distribution effort will be lead by Managing Director and Head of Sales Edward Bugniazet. Rafferty will continue to expand its equity division and provide timely resources to its institutional client base.

"The financial services industry has increasingly placed a premium on firms that can provide experience, independence and exceptional client service," said J. Keith Fell, Chief Operating Officer of Rafferty Capital Markets. "This new partnership allows us to tap into Argus' long history of providing independent, academic-based research while expanding the opportunities that are available to our institutional clients."

For more information about Argus Research, please contact John Scott, Executive Vice President of Argus Research, at 646-747-5484 or [email protected]. For more information about Rafferty Capital Markets, please contact Ed Bugniazet, Managing Director of Rafferty Capital Markets, at 646-572-3389 or [email protected].

About Argus Research

Argus Research (www.argusresearch.com), based in New York City, has been providing independent research to investors since 1934. In recent years, Argus analysts have been consistently ranked in the Wall Street Journal's "Best on the Street"' Survey of top stock pickers. Currently, the Argus Research team follows 450 companies and 11 sectors, including Technology, Basic Materials, Healthcare, Consumer Discretionary, Consumer Staples, Gaming, Leisure, Energy, Financial Services, and Utilities. Argus plans to grow its research capabilities and plans to provide full coverage of the S&P 1000. Argus was one of the independent research providers selected in the 2003 Global Research Settlement. The Argus organization has offices in New York, NY; Stamford, CT; Glen Cove, NY, and London, England.

About Rafferty Capital Markets

Rafferty Capital Markets (www.raffcap.com) was founded in 1987 and is a leading broker-dealer with expertise in the fixed income and equities markets. RCM through Rafferty Asset Management and its affiliates, Hilton Capital Management (a registered investment adviser) and Direxion (a mutual fund & ETF share company) offer investors diverse investment solutions. Together with its affiliates, RCM employs approximately 200 professionals in offices in New York, NY; Garden City, NY; Boston, MA; Jupiter and Boca Raton, FL, and Los Angeles, CA.

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JCPR
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SOURCE Rafferty Capital Markets LLC