The 2016 All-Europe Fixed-Income Research Team: Sector Winners

Seven firms earn at least one first-place position on the 2016 All-Europe Fixed-Income Research Team, Institutional Investor’s exclusive annual ranking of the region’s most highly regarded credit analysts:

• Bank of America Merrill Lynch

• Barclays

• Crédit Agricole Corporate Investment Bank

• Deutsche Bank

• J.P. Morgan

• Morgan Stanley

• Royal Bank of Scotland

Roughly one quarter of the sector champions — five of the 21 — hail from BofA Merrill. Barclays and Deutsche Bank are home to four apiece, while survey champion J.P. Morgan lays claim to three.

Listed below by sector are this year’s top-ranked analysts and teams:

Asset-Backed Securities Strategy

Alexander Batchvarov & team

Bank of America Merrill Lynch

First appearance in first place

Banking & Financial Services

Jacqueline Ineke & team

Morgan Stanley

Sixth straight No. 1

Basic Materials (High Yield)

Emmanuel Owusu-Darkwa, Navann Ty & team

Bank of America Merrill Lynch

First appearance in first place

Basic Materials (Investment Grade)

Darren Hook, Margaret O’Neal van Loon & team

Barclays

Third sector victory since 2013

Bond Markets Indexes

Philip Galdi, Alberto Ruiz-Sena & team

Bank of America Merrill Lynch

First appearance in first place

Credit Derivatives

Rishad Ahluwalia, Saul Doctor & team

J.P. Morgan

Fifth year in a row at No. 1

Currency & Foreign Exchange

Hans-Guenter Redeker & team

Morgan Stanley

First appearance in first place

Economics

Mark Wall & team

Deutsche Bank

Sixth consecutive first-place finish

Fixed-Income Strategy

James Reid, Francis Yared & team

Deutsche Bank

Sixth straight No. 1

Health Care (HY)

Navann Ty & team

Bank of America Merrill Lynch

Sector newly added this year

High-Yield Strategy

James Reid & team

Deutsche Bank

Fourth straight sector-topping appearance

Interest Rate Strategy

Giles Gale, Andrew Roberts & team

Royal Bank of Scotland

Third year in a row in first place

Investment-Grade Strategy

Alberto Gallo & team

Royal Bank of Scotland

Second straight No. 1

Manufacturing/General Industrials (HY)

Christophe Boulanger & team

Barclays

Fourth straight appearance in first place

Manufacturing/General Industrials (IG)

Christophe Boulanger, Darren Hook & team

Barclays

Fourth straight No. 1

Quantitative Analysis

Caio Natividade & team

Deutsche Bank

First appearance in first place

Retailing/Consumer Products (HY)

Thomas Gibney, Navann Ty & team

Bank of America Merrill Lynch

Second straight No. 1

Retailing/Consumer Products (IG)

Claire Poncet Dumont & team

Crédit Agricole Corporate Investment Bank

Second consecutive sector-topping appearance

Technology, Media & Telecommunications (HY)

Andrew Webb & team

J.P. Morgan

Fifth victory in the past six years

Technology, Media & Telecommunications (IG)

Daniel Rekrut & team

Barclays

Third time on top since 2012

Utilities

Daniel Vaun & team

J.P. Morgan

First appearance in first place

Institutional Investor’s 2016 All-Europe Fixed-Income Research Team reflects the opinions of some 750 investment professionals at nearly 375 buy-side institutions that collectively manage an estimated $6.4 trillion in European fixed-income assets.