BTG Pactual has extended its reign in Brazil sales.
For the fourth year in a row, the domestic firm has been voted No. 1 in Institutional Investor’s All-Brazil Sales Team, based on the votes of buy-side money managers with significant holdings in the country.
Their opinions once again buoyed BTG Pactual above a competitive local field that also saw gains. While Bradesco BBI repeated its second-place finish, Santander improved two spots this year to take third. Itau BBA placed fourth, followed by Credit Suisse — the only global firm to crack the top five.
To select the members of Institutional Investor’s 2022 Brazil Sales Team, we invited participants in the broader survey to rate the firms with the best Brazil sales team. We received responses from 179 buy-side money managers at 148 firms.
Top 10 table was produced based on overall vote count. Voters are required to meet eligibility requirements, and all ballots are subject to review by II’s Research Operations Group.
The 2022 Latin America Sales Team ranking was compiled by Senior Project Manager Tucker Ewing and Associate Project Managers Denise Best and Xiao Liu.