Jason Fairclough & team BofA Merrill Lynch Global Research
The buy side says: “They have the benefit of being a part of a well-integrated global team with access to all specifics from the different regions.”
Jason Fairclough, 39, steers his five-member BofA Merrill Lynch Global Research team to a second consecutive first-place finish. In August the analysts upgraded British-Australian mining conglomerate Rio Tinto from neutral to buy, at 3,223.50p, on rising demand for iron ore. By the end of the year, the stock had surged 39.2 percent, to 4,486.50p, and led the broad market by 29.1 percentage points. In November the team upgraded Swiss small-cap mining outfit Ferrexpo from underperform to buy, at 357.40p, again on increasing demand. The stock climbed 16.4 percent, to 415.90p, through December. “Their strong stock picking added a lot of value,” says one grateful client.