Pharmaceuticals: Investor Perceptions Need to Change People should focus less on earnings-per-share quality and more on pipeline growth, according to Sachin Jain and Graham Parry, who lead Bank of America Merrill Lynch's sector-topping team. Visit the full ranking of this year's All-Europe Research Team. Also, don't miss the 2016 All-Europe Sales Team and the Europe Top Corporate Access Providers. Related Articles AQR’s Big Year: Funds Climb on Stock Picks and Macro Moves Stephen Taub Spooked by Geopolitics, Global Allocators Pull Back From U.S. Assets James Comtois Fireside Chat: Stable Value Strategies, Navigating Uncertainty with Confidence Sponsored by Lincoln Financial