Holding steady in second place for a second straight year is the Crédit Agricole Cheuvreux crew of six under Paris-based Stéphane Voisin. The team is noted by one Frankfurt fund manager for its “strong research pieces that utilize a valuable integrated approach.” The analysts, who are based in London and Paris, are working with Transparency International, a Berlin-based nongovernmental organization that raises awareness of corporate and political corruption, to create a business ethics risk profile for companies in the aerospace and defense sector. Voisin says his group is also continuing to monitor the long-term economic and financial impacts of climate change adaptation, as well as assessing the potential economic benefits of diversity of corporate managements and boards of directors. The group is also expanding its research into the credit side. “We’ve already adapted our methodology to be compliant with a credit research approach,” he says, noting that Cheuvreux has plans to hire one more person for this effort. — Carolyn Koo |