For a fifth consecutive year, Bank of America Merrill Lynch claims the top position on Institutional Investor's EMEA Research Team Survey
Bank of America Merrill Lynch once again, seizes first place on the Emerging Europe, Middle East & Africa Research Team, Institutional Investor's exclusive annual ranking of the region's best sell-side analysts, marking a fifth straight win for the firm.
Citi adds one position this year, boosting them from a third-place ranking in 2016 to tie for second with J.P. Morgan this year. Renaissance Capital climbed up the leader board to No. 9 overall from 13th. Morgan Stanley drops 4 spots to 10th place. Nine firms tie for 14th place - five of which are new to the Leader board this year.
Twenty-two firms are represented in this year's results, including six that didn't appear last year: Macquarie, Aton, Avior Research, Exotix, Standard Bank Group Securities, and Unlu & Co.
The 2017 Emerging Europe, Middle East & Africa Research Team reflects the opinions of more than 680 individuals at 358 institutions that collectively manage an estimated $357 billion in emerging EMEA equities and $321 billion in emerging EMEA debt.
A total of 118 team leaders appear on this year's roster, which is limited to the top three squads in each sector, plus runners-up where applicable. The full report names 308 researchers, representing 41 entities, who met minimum-vote and other eligibility criteria.
Top 5 - 2017 All-EMEA Research Team Leaders
Bank of America Merrill Lynch
Complete results can be found at www.institutionalinvestor.com/rankings
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