NEW YORK, NY--(Marketwire - June 11, 2008) - Latin American markets have proved to be
surprisingly resilient to the worldwide credit crisis: the MSCI Latin
America emerging-markets index gained 45.2 percent in dollar terms for the
12 months ended May 15. During the same period, the MSCI world index
tumbled 3.1 percent.
This resilience has intensified investor interest. Money managers who
participated in the 2008 Latin America Research Team survey, Institutional
Investor's annual ranking of the region's best equity analysts, say no firm
does a better job of covering these dynamic markets than Credit Suisse. The
Swiss banking behemoth, which rises from second place, captures 18 total
team positions, four more than last year, including six first-place
finishes, double its number in 2007.
Full survey results are available at
www.iimagazine.com.
UBS Pactual slips from first to second, with 17 team positions. Rising one
notch each, to third and fourth place, respectively, are Merrill Lynch (12
positions) and Santander Investment Securities (nine). JPMorgan is the
biggest gainer among the top ten firms, leaping from No. 7 to No. 5; the
firm wins eight positions:
Rank Firm Total Positions
1 Credit Suisse 18
2 UBS Pactual 17
3 Merrill Lynch 12
4 Santander Investment Securities 9
5 JPMorgan 8
The results reflect the opinions of 375 buy-side analysts and investment
professionals at 230 institutions, which collectively manage an estimated
$323 billion in Latin American equities.
Contact Information: Contact Information:
Chris Cavanagh
212-224-3369
chriscavanagh@iimagazine.com
Full Survey Results: www.iimagazine.com