This year, for the first time, Institutional Investor asked participants in the All-America Fixed-Income Research Team survey to tell us which firms provide the best sales support to their clients. (We also asked them to indicate which ones provide the best trading services; responses to that question were tabulated to produce our first All-America Fixed-Income Trading Team.)
J.P. Morgan debuts atop our inaugural All-America Fixed-Income Sales Team roster, followed by Bank of America Merrill Lynch in second place and Barclays in third; this is the same order in which these firms appear in the broader research ranking. Credit Suisse, which ties for tenth place in research, is No. 4 in sales. Citi, ninth in research, is fifth in sales.
The All-America Fixed-Income Sales Team is based on responses from 1,220 buy-side analysts and portfolio managers at some 490 firms that collectively manage roughly $9.3 trillion in U.S. fixed-income assets. Approximately 68 percent of the people who cast votes in the research team survey, representing 89 percent of the participating buy-side institutions, answered our question about the sales teams. To view the full list of winning firms, click on the Leaders link located in the navigation table on the right.
For information about how we compiled this ranking, click on Methodology.