Mechanism - The UBS QuestionBank

Ideas for Q-Series. products are generated and aggregated from the UBS QuestionBank.

The intent of the QuestionBank is to provide a central repository for discussion of key questions, issues, and drivers that need to be addressed as we attempt to provide valuable research and investment recommendations to all the constituencies of our research product.

We have established the UBS QuestionBank, with .accounts. for each analyst (including sector, strategy, valuation, and quantitative), which are managed by our regional product management teams. The quality of these .assets. is maintained in conjunction with our research analysts and global sector marketing teams.

We ask analysts, clients, and salespeople to make regular deposits into these accounts. Individuals may take time to brainstorm the questions (issues and drivers) that affect industries and stocks. Those questions are deposited into the QuestionBank. Additionally, questions regarding any industry, company, or investment issues can be deposited at any time.
Our client base makes deposits to accounts via the various groups within our salesforce. Analysts. global counterparts and any other constituency of our research product can make deposits.
Questions are also aggregated through our ongoing research and product management efforts, including our Investment Review Committee, Corporate Access Team, and analyst marketing programs.

In developing the Q-Series. initiative, our intent is to raise awareness of the importance of a particular question in an effort to better focus the potential avenues of fundamental research. We mean to set no explicit expectation regarding a commitment to directly respond to any specific question. Through these ongoing efforts, we hope to raise the overall responsiveness, differentiation, and quality of our research.

Equity product management may choose to periodically review the contents of an analyst.s QuestionBank account and compare it with his or her body of work to consider the effectiveness of the research effort in meeting the needs of our clients.

To help fund the QuestionBank, .deposit drives. for our analysts initially collect the key questions within a particular sector with which our investing clients struggle.

UBS analysts may choose to segregate the questions within their respective accounts based on a more specific category (i.e., top line, balance sheet, regulatory, or competitive landscape) as they plan their research efforts. On occasion, this may drive the production of fewer, but more effective, research reports with greater focus and visibility. It may also highlight that an analyst has already addressed the question, but perhaps not in enough depth. Additionally, opportunities arise to disaggregate and broaden research that responds to specific pivotal investment questions.

The QuestionBank itself may be a valuable product for all the constituencies of our research, as it is an .open-architecture. asset. UBS professionals on their own or their clients. behalf may access the QuestionBank.
For example, we have found when an individual has needed to learn about the market perceptions and concerns regarding a particular sector, the QuestionBank has proven to be a helpful resource. Many clients find it useful to know the issues with which their colleagues are struggling.