Deutsche Bank leads the lineup for a third straight year. The London-based group of seven is managed by Simon Carter, in his first appearance in the ranking, and Pamela Finelli. "The single most important and broad-ranging topic is income-generation," Carter says. "In a low-growth environment, the hunt for yield becomes very important." To aid investors' searches, the researchers published a report in August on the pros and cons of call overwriting, or selling call options against long stock positions, as a way to generate extra income — a "very, very big subject on people's minds," he emphasizes. Another key focus is helping clients use derivatives to increase their exposure to equities without taking on too much additional risk. "A number of investors are underweight equities, so they're looking at ways to gain upside exposure in case equities continue to rally," notes the newcomer, who graduated from England's University of Cambridge with a master's degree in natural sciences. He worked as a derivatives analyst at BNP Paribas before joining Deutsche Bank in 2010. — Carolyn Koo |
Economics & Strategy – Equity Derivatives: First
