How many rankings does Institutional Investor produce each year?

Where do I vote?

Research Surveys:
What are the requirements for sell-side analysts to be listed on the roster?
Is voting open to all money managers?
Can I nominate an analyst for consideration?
How are the Research rankings determined?
What is the Research Team polling and publication schedule?

Sales, Corporate Access & Trading:
How are these rankings determined?
 

Executive Teams:
What is an Executive Team survey?
What are the requirements for buy-side participants?
What are the requirements for sell-side participants?
How are the Executive Team rankings determined?
What is the Executive Team polling and publication schedule?


How many rankings does Institutional Investor produce each year?

Institutional Investor Research (II Research) conducts 10 surveys globally, spanning North America, Latin America, Developed Europe, Emerging EMEA and Asia-Pacific across equities and fixed income, to produce unique insights and actionable data.

The research data independently captures evaluations of companies, brokers and executives from investment managers, broker firms and corporate issuers, to deliver detailed peer-to-peer comparative analyses every year.

Each survey varies in complexity according to the size of the market but in general cover industry, country and macro categories for Research, as well as Sales, Corporate Access & Trading and Executive Team for Corporates.

Where do I vote?

https://voting.institutionalinvestor.com

Follow the steps to register if you are a new user or if you have changed email addresses (firms) – your email will need to be re-validated. Existing voters can start voting on this platform.


Research Surveys:


What are the requirements for sell-side analysts to be listed on the roster?

An analyst must publish investment research during the period covered by the poll. Each Institutional Investor Research team survey is divided into at least two main voting categories: Industries and Macro. The majority of surveys also include a Countries voting category. Analysts must be certified pursuant to Regulation AC (or equivalent) to be recognized as winners or team leaders in all industry sectors; no such restriction applies to the sectors in Economics & Strategy categories. Winners must achieve a minimum vote count. We will provide guidance on analyst coverage limits in each survey. 

Is voting open to all money managers? 

We set minimum criteria for the firm and eligibility of the individual. These include:

  • Firm: Recognised investment institutions, minimum and commission wallet; these vary according to the size of the market.
  • Individual: Qualified investment professional, Portfolio Manager, Analyst, Economists/Strategists for Research, Role Trader (or Hedge Fund Portfolio Manager) for Trading.

We distribute the list of firms invited to participate prior to each survey and subscribing clients receive the list of buy-side firms that voted. Further details of buy-side participation are confidential and anonymous. We only allow equity investment professionals to vote in equity surveys and fixed-income managers to vote in the fixed-income surveys.

Voting enquiries may be directed to Head of Voter Engagement: dynah.kent@institutionalinvestor.com

Can I nominate an analyst for consideration?

Sell-side firms upload their analyst roster names and the sectors for analysts to receive votes. Survey participants are allowed to add additional names during the voting process; these are verified and validated with the sell-side firm. All sell-side analysts are eligible for consideration provided they meet these requirements.



How are the Research rankings determined? 

Both the firm and individual rankings are determined by a numerical score which is detailed in the methodology document issued for each survey. Votes are weighted by the voting firm’s commission payout, or in some surveys, by the firm’s assets under management. Weighted points are used to create the rankings for each sector. First, second, third and Runner-Up (RU) positions are published. To achieve an RU place, the score must fall within 35% of the third-place score.

What is the Research polling and publication schedule?

Polling generally lasts about four weeks per survey. The approximate dates of distribution are in the following table and the dates on which the latest results of each survey will be published on our website. Feature coverage can be found on the website at this time.

Polling Dates

Publication of Results

Global Fixed Income Research 2020

Sept-Oct 2020

28 Jan 2021

Japan Research 2021

9 Nov - 4 Dec 2020

16 Mar 2021

Asia Research 2021

11 Jan 2021 - 5 Feb 2021

24 May 2021

Latin America Research 2021

22 Feb 2021 - 19 Mar 2021

June/July 2021

Brazil Research 2021

22 Feb 2021 - 19 Mar 2021

June/July 2021

Europe Research 2021

12 Apr 2021 - 7 May 2021

Aug/Sept 2021

Emerging EMEA Research 2021

12 Apr 2021 - 7 May 2021

Aug/Sept 2021

Global Fixed Income Research 2021

Jul 2021

Nov/Dec 2021

America Research 2021

Jun 2021

Oct/Nov 2021

Canada Research 2021

Jun 2021

Oct/Nov 2021

China Research 2021

Sep 2021

Dec 2021/Jan 2022

 

These dates are subject to change, so please check our web site or LinkedIn page (Institutional Investor Research)  for updates. 

Sales, Corporate Access & Trading:


How are these rankings determined?

Sales Teams 
Most surveys have a generalist sales category, where votes are collected at the firm level across several attributes. Some surveys also ask voters to rate specialist salespeople in specific sectors or regions.

Corporate Access
Corporate Access votes are collected at a firm level across several attributes. Some surveys also allow voters to rate corporate access in specific regions or sectors.

Trading & Execution
Trading & Execution has been merged with our existing Research, Sales and Corporate Access ballot. Buy-side Traders and Hedge Fund PMs are eligible to vote in Trading. Voters are invited to rank their top execution and trading service providers on several key attributes for Delta One, Electronic, High-Touch and Portfolio Trading. Some surveys may have additional Regional or Market Colour sections.

Like the Research methodology, the weighted votes are used to create scores for each firm, which determine the rankings. The leader’s tables for Delta One, High Touch, Electronic and Portfolio trading are based on the aggregate scores of the attributes in each category.


Executive Teams Surveys:

What is an Executive Team survey?

Our executive team rankings illustrate how corporate leaders and companies are viewed by investment professionals by both the buy and sell side. We currently publish seven such equity analyst-perception studies, covering Asia (ex-Japan), Canada, Developed Europe, Emerging EMEA, Japan, Latin America and the United States, as well as results from the Global Fixed Income Investor Relations survey.

What are the requirements for buy-side participants? 

Buy-side analysts and money managers who vote in the Research Team surveys are eligible to participate in the associated Executive Team survey. They are invited to name the best CEO, CFO and IR Professional of the companies within their coverage universes. 

Voters are also asked to nominate companies for excellence in investor relations by rating their program across several performance metrics. Scores are aggregated to produce an overall ranking for each company.

What are the requirements for sell-side participants? 

Analysts who cover the industry may vote in the relevant Executive Team survey. They are invited to name the best CEO, CFO and IR Professional at the companies in their coverage universes. 

Voters are also asked to nominate companies for excellence in their IR program by rating them across several performance metrics. Scores are aggregated to produce an overall ranking for each company. 

How are the Executive Team rankings determined?

All votes are weighted by rating (one to five stars). The overall combined rankings from the buy side and sell side votes are available in each of the categories — Best CEO, Best CFO, Best IR Professional, Investor Relations Program, ESG/SRI Metrics, Analysts Day and Corporate Governance. Separate buy-side and sell-side rankings are available as well.

To be eligible for inclusion on any of the Executive Teams, a company must be headquartered or have operational or executive headquarters in the relevant region.

What is the Executive Team polling and publication schedule?

Executive team questions are included on the appropriate research-team ballot for buy-side participants while sell-side participants are polled separately during the same period.  Polling generally lasts about four weeks per survey. The approximate dates of distribution are in the following table and the dates on which the latest results of each survey will be published on our website. Feature coverage can be found on the website at this time.

 

 

Polling Dates

Publication of Results

Global Fixed Income Investor Relations 2020

Sept-Oct 2020

17 Feb 2021

Japan Executive Team 2021

9 Nov - 4 Dec 2020

13 Apr 2021

Asia Executive Team 2021

11 Jan 2021 - 5 Feb 2021

14 Jun 2021

Latin America Executive Team 2021

22 Feb 2021 - 19 Mar 2021

June/July 2021

Brazil Executive Team 2021

22 Feb 2021 - 19 Mar 2021

June/July 2021

Europe Executive Team 2021

12 Apr 2021 - 7 May 2021

Aug/Sept 2021

Emerging EMEA Executive Team 2021

12 Apr 2021 - 7 May 2021

Aug/Sept 2021

America Executive Team 2021

Jun 2021

Oct/Nov 2021

Canada Executive Team 2021

Jun 2021

17 Nov 2021

Global Fixed Income Investor Relations 2021

Jul 2021

Nov/Dec 2021

 

 

 

The publication dates are subject to change, so please check our web site or LinkedIn page (Institutional Investor Research) for updates.