This content is from: Research

BofA Merrill Displaces Deutsche Atop Year-To-Date Tally

These firms have the most Institutional Investor-ranked analysts so far this year.

Bank of America Merrill Lynch bumps Deutsche Bank down to second place on Institutional Investor’s 2013 Top Global Research Firms: Year-to-Date roster, thanks in part to capturing the top spot (for a third straight year) on the All-Asia Research Team. As of last month the U.S. bank had been trailing its German counterpart by three total team positions; now it’s ahead by four.

However, the two firms share the winner’s circle when it comes to the number of analysts and teams deemed the best in their respective sectors; each has 23.

UBS and Morgan Stanley, which had been in fourth and fifth place overall, respectively, rise one rung apiece as J.P. Morgan falls from No. 3 to No. 5.Morgan Stanley achieves its status with far fewer runner-ups — 25 — than any other top-five firm. The totals for the remaining four include at least 32 runner-up positions each. UBS has the most, with 36.

This table will be updated on June 18, with the release of the 2013 Emerging Europe, Middle East & Africa and All-Russia research team results.

  The 2013 Top Global Research Firms:
Year to Date 1
Rank Firm Total Team
Positions
First
Team
Second
Team
Third
Team
Runners-
Up
1 Bank of America
Merrill Lynch
91 23 17 18 33
2 Deutsche Bank 287 23 22 10 32
3 UBS 75 15 11 13 36
4 Morgan Stanley372 9 14 24 25
5 J.P. Morgan470 1018 10 32
6 Nomura 557811 11 27
7 Citi51106 7 28
8 Credit Suisse 494 7 4 34
9 Barclays4210 5 8 19
10 Daiwa Capital Markets 6163 2 4 7
11 Mizuho Securities Group150 6 3 6
12SMBC Nikko Securities14 2 1 3 8
13 CLSA Asia-Pacific Markets1311 2 9
14 Exane BNP Paribas11 2 0 3 6
15 Mitsubishi UFJ
Morgan Stanley Securities
9 3 1 0 5
16 Sanford C. Bernstein & Co.78 5 1 1 1
16Goldman, Sachs & Co. 88 1 0 2 5
18 Crédit Agricole Cheuvreux 96 0 2 2 1
18 Société Générale 60 1 1 4
20 Macquarie Securities 1050 1 1 3
21 Royal Bank of Scotland4 0 2 1 1
22 BNP Paribas Securities3 1 1 0 1
22 Jefferies & Co.1130 0 1 2
24 Berenberg Bank 2 0 1 0 1
24 HSBC2 00 0 2
24 Kempen & Co.2 0 1 0 1
24 Santander12210 0 1
24SEB Enskilda201 01
29 ABG Sundal Collier 1 100 0
29 Autonomous Research1 00 0 1
29 Banco Português
de Investimento
1 01 0 0
29 BBVA1 00 0 1
29China International
Capital Corp.
1 00 0 1
29 CIMB Securities 1 00 01
29 Commerzbank
Corporates & Markets
1 000 1
29 Davy 1 10 00
29 Equita S.I.M. 1 10 0 0
29 Fidentiis Equities 1 00 1 0
29 Goodbody Stockbrokers 1 01 0 0
29 Handelsbanken
Capital Markets
1 00 10
29 Helvea 1 00 0 1
29 Ichiyoshi Research Institute 1 00 0 1
29 ING Equity Markets131 10 0 0
29 Intermonte 1 001 0
29 JB Capital Markets 1 00 01
29 Keefe, Bruyette & Woods1 00 0 1
29 Kepler Equities141 00 0 1
29 MainFirst Bank 1 00 1 0
29 N+1 Equities 1 00 0 1
29 Oddo Securities1 00 01
29 Okasan Securities Co.1 10 0 0
29 Petercam1 00 0 1
29 Rabobank1 0 0 1 0
29Redburn Partners1 0 0 0 1
29 Samsung Securities1 0 0 0 1
29 UniCredit1 0 0 0 1
29 Vontobel1 0 1 0 0
1 The totals shown include positions won on the All-Europe Research Team, the All-Europe Fixed-Income Research
Team, the All-Japan Research Team and the All-Asia Research Team.
2 Positions on the All-Japan Research Team were for Deutsche Securities.
3 Positions on the All-Japan Research Team were for Morgan Stanley MUFG Securities Co.
4 Positions on the All-Europe Research Team were for J.P. Morgan Cazenove.
5 Positions on the All-Europe Research Team and the All-Europe Fixed-Income Research Team were for NomuraInternational; on the All-Japan Research Team, positions were for Nomura Securities Co.
6 Positions on the All-Japan Research Team were for Daiwa Securities Group.
7 Positions on the All-Europe Research Team were for Sanford C. Bernstein.
8 Positions on the All-Europe Research Team were for Goldman Sachs International; on the All-Japan Research Team,positions were for Goldman Sachs Japan Co.; and positions on the All-Asia Research team were for Goldman Sachs(Asia).
9 Positions on the All-Europe Fixed-Income Research Team were for Crédit Agricole Corporate Investment Bank.
10 Positions on the All-Asia Research Team were for Macquarie Capital Securities.
11 Positions on the All-Europe Research Team were for Je‚ eries International.
12 Positions on the All-Europe Research Team were for Santander Investment Bolsa.
13 Positions on the All-Europe Research Team were for ING Financial Markets.
14 Positions on the All-Europe Research Team were for Kepler Capital Markets.

Related Content