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.
