On November 6, 2008 GMI announced that UBS Investment Bank had purchased a minority stake in the firm.

Through the arrangement, UBS analysts will have access to GMI's proprietary content and database, enabling them to factor governance ratings into their stock research. UBS will also work with GMI to expand the firm's customer base, as well as work jointly on product development and research ideas.

The investment by UBS means that that GMI is now backed by a number of the world's leading financial institutions. Other minority investors in GMI include State Street Global Advisors, ABP and Inter-Atlantic Group.

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GMI research reports are now available over the Capital IQ Company Intelligence platform.

Under this arrangement, GMI subscribers are able to access GMI's corporate governance research via their Capital IQ tear sheets or general investment research function.

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In Focus is a periodic publication of GovernanceMetrics International (GMI) featuring recent developments in the world of corporate governance. Please click here to view the latest issue. You can also click here to review headlines from previous issues.