NEW YORK, Aug. 15, 2017 (GLOBE NEWSWIRE) -- A three-way tie for first place, lands BTG Pactual, Itaú BBA, and J.P. Morgan at the top of the All-Brazil Research Team Survey, Institutional Investor's exclusive annual ranking of the nation's leading sell-side analysts.
Complete results can be found at 2017 All-Brazil Research Team.
BTG Pactual, Itaú BBA, and J.P. Morgan each claim 17 total team positions of the survey’s 25 sectors. BTG Pactual and Itaú BBA lead with the most first place wins at seven apiece. J.P. Morgan climbs three spots, with 17 total team positions, up eight from last year, landing the biggest gains on this year’s roster.
Trailing close behind, Bradesco BBI takes fourth place, up four spots from No. 8 in 2016, and 15 total team positions. Bank of America Merrill Lynch and Credit Suisse tie for fifth place, whose teams each took home 10 total team positions.
Survey results reflect the opinions of 725 buy-side analysts and portfolio managers from 385 institutions that manage an estimated $157 billion in Brazilian equities and $199 billion in Brazilian debt.
A total of 108 teams are cited on the roster, which is limited to the top three squads in each sector, plus runners-up where applicable. Subscribers can access all of these results online.
The full report names 409 analysts (including honorable mentions), representing 24 firms, who met minimum-vote and other eligibility criteria. For more information contact Esther Weisz at 212-224-3307 or eweisz@institutionalinvestor.com.
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