A group of seasoned firms have been recognized in Institutional Investor’s first-ever ranking of buy-side asset managers in Europe.
II asked investor relations officers to identify their top three asset management firms according to five attributes: active engagement to support and encourage long-term business plans; efficient engagement across funds; sector knowledge; ongoing feedback; and transparency.
More than 280 corporates awarded Norges Bank Investment Management (NBIM) the No. 1 spot in the inaugural survey. With only seven points behind — 240 compared to NBIM’s 247, Fidelity Management & Research took second, followed by Capital Research & Management in third. Wellington Management placed fourth, and BlackRock Investment Management (UK) rounded out the top five.
The buy-side rankings are based on Developed Europe corporate (IRO) input collected in the CIV survey during April-May 2023. In this survey, we asked investor relations officers to identify the top three asset management firms in the following attributes:
- Transparency on their Investment Approach
- Knowledge of Your Sector
- Best Active Engagement to Support & Encourage Long-term Business Plans
- Efficient Engagement Across Funds
- Ongoing Feedback
Results were aggregated to produce overall and category level results.