To select the members for Institutional Investor’s 2019 Europe’s Top Corporate Access Providers, we invited participants in the 2019 All-Europe Research Team and 2019 All-Europe Executive Team Surveys to rank (1st - 4th) firms that provided the best corporate access based on a number of attributes.
From the 2019 All-Europe Research Team survey, representing the buy-side point of view, we received responses from more than 740 investors at 457 firms. This group voted for sell-side firms in 40 industry and country sectors. The four attributes ranked were: One-on-one meetings; Reverse road shows; Conferences; and Non-deal road shows. Each attribute score was based on the asset size of the voting institution and the place awarded to the firm. Additionally, a second version of the ranking was created using the commission range, rather than asset size, as the weighting.
From the 2019 All-Europe Executive Team Survey, representing the corporate point of view, 336 corporates voted for both sell-side firms and third-party providers. The five attributes ranked were: Introduction to investors whose investment interests and values most align with your company; Effective and successful site tours that bring well-prepared investors; Investor conferences that bring new insights, connections and perspectives; Productive non-deal road shows; and Detailed and insightful feedback from investors to corporates, and vice versa. Each attribute score was based on the place awarded to the firm.
The Corporate Access Leaders table, based on the buy-side voter’s survey, was calculated by adding together a firm’s overall attribute scores within each industry sector, creating first, second and third positions for each sector and then tallying up the number of positions for each firm.
The Corporate Access Leaders table, based on the corporates’ responses, tabulated each firm’s overall attribute scores to produce a table comprised of the top-ten firms. A top-three table also highlights the top-ranked firms for each category.
The names of those surveyed are kept confidential to ensure their continuing cooperation. Voters are required to meet eligibility requirements, and all ballots are subject to review by II’s Research Operations Group. Results are also subject to inspection by an independent auditor.
The 2019 Europe’s Top Corporate Access ranking was compiled by Senior Research Editors Tucker Ewing and Denise Hoguet.