NEW YORK, NY--(Marketwire - February 8, 2011) - As fears of sovereign-debt default have spread across Europe and sent markets reeling, anxious investors demand up-to-the-minute information on the unfolding crises. The analysts who do the best job of meeting those demands can be found at Deutsche Bank, which catapults from sixth place last year to finish in first place for the first time on the All-Europe Research Team, Institutional Investor's 26th annual ranking of the region's best sell-side equity research analysts.
The complete list of winners can be found at www.institutionalinvestor.com.
The German bank claims 37 total positions in the survey -- a whopping 20 more than last year -- and triples its number of teams in first place, to six.
Deutsche's stunning advance bumps longtime champ UBS, which had ruled the roost for the past nine years, down to second place, even though the Swiss bank enjoys its own enviable gains, adding six positions, for a total of 34 -- eight of which are for teams ranked No. 1.
BofA Merrill Lynch Global Research also strengthens its reputation as an equity-research powerhouse, rising from fifth place to third after picking up seven positions, for a total of 28. Two firms that tied for second place last year, Credit Suisse and J.P. Morgan Cazenove, slip to share fourth-place honors with Morgan Stanley, which vaults from seventh place; the three firms win 23 positions each.
This year's survey saw an unprecedented surge in voter participation -- votes were cast by more than 1,900 money managers and investment officers at some 700 institutions managing an estimated $5.6 trillion in European equities; last year, 1,100 portfolio managers from 500 institutions participated.
The complete list of winners can be found on our web site, www.institutionalinvestor.com
For more information contact Alyssa Walker at awalker@iiresearchgroup.com or (212) 224-3677.
About Institutional Investor
Now entering its fifth decade, Institutional Investor has consistently distinguished itself among the world's foremost financial publications with groundbreaking journalism and incisive writing that provides essential intelligence for a global audience. In addition, Institutional Investor offers a host of proprietary research and rankings that serve as respected industry benchmarks. For more information visit www.institutionalinvestor.com.
Contact Information:
Contact:
Alyssa Walker
awalker@iiresearchgroup.com
(212) 224-3677