< The 2014 All-Europe Fixed-Income Research Team
Seizing the No. 3 position for a third consecutive year are Gloria Kim and her J.P. Morgan troupe, who are hailed for delivering “relevant research that keeps me better informed as I follow market flows,” as one portfolio manager asserts. Over the past year the team of 21 analysts — stationed across offices in London, Mumbai and New York — has expanded the range of its customized offerings based on the firm’s existing flagship indexes. And to serve clients that continue to pursue diversification and higher yields in emerging-markets credits, the J.P. Morgan team also launched a comprehensive Middle East composite index. The researchers are closely monitoring the development of new plans for regulating indexes that are used as benchmarks, anticipating that the firm will have to adjust its operations to be able to continue supplying clients with highly prized benchmarking products and services. The European Commission’s initiatives follow in the wake of the Euribor and Libor rates-rigging scandals of the past couple years and in current form could significantly affect banks’ creation of in-house indexes and use of third-party providers. According to New York–based Kim, the proposed regulatory requirements “will change the way we conduct our business going forward.” See also Gloria Kim's profile in the 2013 All-Europe Fixed-Income Research Team. |