Emerson Leite & team Credit Suisse
The buy side says: “Emerson Leite goes beyond the numbers.”
After spending the past two years in second place, the three-strong Credit Suisse squad captained by Emerson Leite is back on top; he also leads the team ranked second in the Brazil sector. Leite, 36, “not only is an expert on the industry but also knows how the management teams at the various companies think and can tell you what the next step of their strategy will be,” marvels one buy-side backer.
Among the São Paulo–based crew’s best calls of late is an outperform rating on Brazilian oil-and-gas conglomerate OGX Petróleo e Gás Participações, elevated to top pick in January 2009 on what the analysts saw as a “valuation gap relative to its peers.” By the end of July 2010, the stock had soared a split-adjusted 253.4 percent and outdistanced the sector by 229.2 percentage points. Leite “can tell you, ‘This is where I see things going over the next 12 to 18 months.’ That helps you position yourself for events before they unfold,” marvels one buy-side enthusiast.
