UBS, which ranked first in this year’s Institutional Investor 2006 AllEurope research team rankings, also takes the top spot in hedge fund managers’ esteem. Alpha magazine, a sister publication focused on hedge funds, took II‘s rankings and retabulated them counting only votes cast by hedge funds. In the retabulation, hedge funds goosed Morgan Stanley way up in the rankings to second place. Morgan Stanley had been seventh in the II All-Europe survey.
Year over year, Deutsche Bank slipped into third from second place and Merrill Lynch--a hedge fund favorite--slipped from first into fourth.
For emerging Europe, the Middle East and Africa, hedge funds ranked Deutsche Bank first, moving the big German bank up from third place last year. UBS tied Deutsche Bank for first; the Swiss bank was first last year as well. The full rankings are available in this month’s issue of Alpha.
| Hedge Fund Rankings For Europe’s Best Analysts | ||
| Rank 2006 | Rank 2005 | Firm |
| 1 | 2 | UBS |
| 2 | 5 | Morgan Stanley |
| 3 | 2 | Duetsche Bank |
| 4 | 1 | Merrill Lynch |
| 5 | 6 | Citigrioup |
| 6 | 4 | Credit Suisse |
| 7 | 8 | JP Morgan Chase |
| 8 | 7 | Goldman Sachs |
| 9 | 8 | Lehman Brothers |
| 10 | 10 | Dresdner Kleinwort Wasserstein |
| Source: Alpha magazine | ||