NEW YORK, NY -- (Marketwired) -- 06/16/14 -- No brokerage provides better coverage of emerging Europe, the Middle East & Africa than Bank of America Merrill Lynch, according to an Institutional Investor survey of money managers that invest in the region.
Complete results can be found at www.institutionalinvestor.com.
BofA Merrill analysts earn a spot in 20 of the survey's 21 sectors -- missing out only in Utilities -- and fully three quarters of its teams are ranked No. 1 in their respective categories.
Deutsche Bank is No. 2 on the 2014 Emerging EMEA Research Team, capturing 15 total and four first-place positions. Morgan Stanley claims third place, with 11 total and two No. 1 spots.
These are the only three firms with analysts considered the best in their particular coverage universes.
Two banks, J.P. Morgan and VTB Capital, share fourth place, with 10 positions apiece.
A total of 16 firms make the roster, including two that didn't appear last year: Barclays and Standard Bank Group Securities.
Survey results reflect the opinions of more than 500 analysts and money managers at nearly 340 buy-side institutions that collectively manage an estimated $344 billion in emerging EMEA equities and $155 billion in emerging EMEA debt.
For more information contact Alyssa Walker at awalker@iiresearchgroup.com or (212) 224-3677.
About Institutional Investor
Now in 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.
