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The 2016 Latin America Research Team: Key Facts and Figures
Which team, regardless of sector, is the most popular? Which category attracts the most voter interest?

Here are some of the facts, figures and highlights of the 2016 Latin America Research Team, Institutional Investors annual ranking of the regions leading sell-side analysts.
Most popular squads (as measured by number of votes cast):
Pedro Leduc, Andrea Teixeira & team of J.P. Morgan, Food & Beverages (first place)
David Beker, Claudio Irigoyen & team of Bank of America Merrill Lynch, Economics (first place)
Carlos Constantini & team of Itaú BBA, Brazil (first place)
Domingos Falavina & team of J.P. Morgan, Financials/Banks (first place)
Ilan Goldfajn & team of Itaú BBA, Economics (third place)
Most popular sectors (as measured by number of voters*):
Economics (winner: David Beker, Claudio Irigoyen & team, Bank of America Merrill Lynch)
Brazil (Carlos Constantini & team, Itaú BBA)
Financials/Banks (Domingos Falavina & team, J.P. Morgan)
Equity Strategy (Guilherme Paiva & team, Morgan Stanley)
Food & Beverages (Pedro Leduc, Andrea Teixeira & team, J.P. Morgan)
Most popular sectors (as measured by number of votes*):
Economics (winner: David Beker, Claudio Irigoyen & team, Bank of America Merrill Lynch)
Financials/Banks (Domingos Falavina & team, J.P. Morgan)
Brazil (Carlos Constantini & team, Itaú BBA)
Food & Beverages (Pedro Leduc, Andrea Teixeira & team, J.P. Morgan)
Retailing (Joaquín Ley, Thiago Capucci Macruz & team, Itaú BBA)
(*Survey participants may cite up to four analysts per sector.)
Five analysts oversee more than one top-ranked team:
Ricardo Cavanagh of Itaú BBA
Argentina
Chile
Also pilots a team that earns a runner-up spot for coverage of North Andean Countries
Domingos Falavina of J.P. Morgan
Financials/Banks
Financials/Nonbanks
Claudio Irigoyen of Bank of America Merrill Lynch
Economics (with David Beker)
Sovereign Debt (with Jane Brauer)
_ Also manages the No. 3 team in Local Markets Strategy (with David Beker)
César Pérez-Novoa of BTG Pactual
North Andean Countries (with Alonso Aramburú)
Pulp & Paper (with Leonardo Correa)
Also oversees the No. 2 teams in Chile (with Alonso Aramburú) and Metals & Mining (with Leonardo Correa)
Andrea Teixeira of J.P. Morgan
Food & Beverages (with Pedro Leduc)
Health Care (with Joseph Giordano)
Also directs the No. 2 team in Retailing
Fifteen other analysts helm crews that top one sector and rank in at least one other:
Alonso Aramburú of BTG Pactual
Argentina (with Andres Borenstein), third place
Chile (with César Pérez-Novoa), second place
Financials/Banks (with Eduardo Rosman), runner-up
Financials/Nonbanks (with Eduardo Rosman), runner-up
North Andean Countries (with César Pérez-Novoa), first place
David Beker of Bank of America Merrill Lynch
Brazil (with Felipe Hirai), second place
Economics (with Claudio Irigoyen), first place
Local Markets Strategy (with Claudio Irigoyen), third place
Gustavo Cambauva of BTG Pactual
Cement & Construction (with Gordon Lee), first place
Real Estate (with Gordon Lee), third place
Thiago Capucci Macruz of Itaú BBA
Health Care, second place
Retailing (with Joaquín Ley), first place
Leonardo Correa of BTG Pactual
Metals & Mining (with César Pérez-Novoa), second place
Pulp & Paper (with César Pérez-Novoa), first place
Sara Delfim of Bank of America Merrill Lynch
Capital Goods (with Murilo Freiberger), first place
Transportation (with Ronald Epstein), runner-up
Fernando Ferreira of Bank of America Merrill Lynch
Agribusiness (with Isabella Simonato), first place
Food & Beverages (with Isabella Simonato), second place
Adrian Huerta of J.P. Morgan
Cement & Construction (with Marcelo Motta), second place
Real Estate (with Marcelo Motta), first place
Gordon Lee of BTG Pactual
Cement & Construction (with Gustavo Cambauva), first place
Mexico (with Claudio Ferraz), runner-up
Real Estate (with Gustavo Cambauva), third place
Frank McGann of Bank of America Merrill Lynch
Oil, Gas & Petrochemicals (with Vicente Falanga Neto), first place
Argentina (with Sebastian Rondeau), second place
Marcelo Motta of J.P. Morgan
Cement & Construction (with Adrian Huerta), second place
Real Estate (with Adrian Huerta), first place
Guilherme Paiva of Morgan Stanley
Argentina (with Cesar Medina), runner-up
Brazil, runner-up
Equity Strategy, first place
Carlos Peyrelongue of Bank of America Merrill Lynch
Cement & Construction (with Daniel Gasparete), runner-up
Equity Strategy (with Felipe Hirai), runner-up
Mexico (with Carlos Capistran), first place
North Andean Countries (with Francisco Rodríguez), third place
Real Estate (with Daniel Gasparete), runner-up
Isabella Simonato of Bank of America Merrill Lynch
Agribusiness (with Fernando Ferreira), first place
Food & Beverages (with Fernando Ferreira), second place
Gregorio Tomassi of Itaú BBA
Equity Strategy, runner-up
Mexico, runner-up
Technology, Media & Telecommunications (with Susana Salaru), first place
Three teams turn in their first sector-topping appearances:
Ricardo Cavanagh & team of Itaú BBA, Chile
Joseph Giordano, Andrea Teixeira& team of J.P. Morgan, Health Care
Adrian Huerta, Marcelo Motta & team of J.P. Morgan, Real Estate
Number of analysts who appear on the roster: 144
Number of firms they represent: 14
Number of analysts who meet the surveys eligibility criteria: 301**
Number of firms they represent: 38*
Number of analysts making their first appearance on the team: 39 (the full list can be found here)
**Data regarding analysts and firms not appearing here are available from the Institutional Investor Research Group; for information please contact Esther Weisz at 212-224-3307 or eweisz@iiresearchgroup.com.
The 2016 Latin America Research Team is based on input from more than 900 representatives of some 450 institutions that manage an estimated $337 billion in Latin American equities and approximately $304 billion in Latin American debt.