NEW YORK, Aug. 08, 2017 (GLOBE NEWSWIRE) -- J.P. Morgan breaks its tie with Bank of America Merrill Lynch and moves ahead of Itaú BBA to take first place on Institutional Investor’s exclusive annual ranking of the region’s best sell-side analysts.
Last year J.P. Morgan and Bank of America Merrill Lynch tied for second place as Itaú BBA claimed top honors in the Latin America Research Team survey. This year, J.P. Morgan moves ahead to take the top spot with 25 positions, while Bank of America holds steady in second place with 23 positions and Itaú BBA slips into third place tying with BTG Pactual with 22 positions apiece.
Complete results can be found at 2017 Latin America Research Team.
BTG Pactual analysts are deemed best in six of the survey’s 25 sectors with the most first place wins. Trailing close behind is Itaú BBA’s analysts with five first place wins followed by Bank of America Merrill Lynch whose analysts topped four rosters.
Survey results reflect the opinions of 960 buy-side analysts and money managers at more than 470 institutions that collectively manage an estimated $300 billion in Latin American equities and approximately $357 billion in Latin American debt.
Twelve firms are represented on this year's report, including one that did not appear in 2016: LarrainVial Corredora de Bolsa.
A total of 159 teams are cited on the roster, which is limited to the top three squads in each sector, plus runners-up where applicable. Subscribers can access all of these results online.
The full report names 494 team positions (including honorable mentions), representing 31 firms, who met minimum-vote and other eligibility criteria. For more information contact Esther Weisz at 212-224-3307 or eweisz@institutionalinvestor.com.
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