Once again, Bank of America Merrill Lynch has snagged the top spot inInstitutional Investor’s Emerging Europe, Middle East, and Africa Sales Team ranking. This is the team’s fifth time as the leader of the ranking. 


Morgan Stanley repeated its second-place ranking, while UBS fell from its third-place spot to sixth place this year. Meanwhile, HSBC jumped to third place.


We received responses from 305 buy-side analysts and money managers at 193 institutions, which manage an estimated $232 billion in emerging EMEA equities.


These teams were ranked on eight criteria: special services, understanding of client needs and customized service, knowledge and effective communication of research product, facilitating/integrating access to analysts, quality of idea generation, quality of relationship, quality of service intensity and responsiveness, and global context for emerging EMEA portfolios.