Contact Information: Contact: Michele Bickford mbickford@iiresearchgroup.com (212) 224-3360
"Institutional Investor" Unveils Europe's Best Investor Relations Rankings
Actelion, Nokia and Santander Are Among Top Companies That Excel at Keeping Investors in the Loop, Investors Say
| Source: Institutional Investor
NEW YORK, NY--(Marketwire - May 11, 2009) - Actelion, Banco Santander, and Nokia Corp. are
among the companies that provide Europe's Best Investor Relations,
according to investment professionals who participated in "Institutional
Investor's" annual survey.
The Swiss biotechnology firm, Spanish global bank, and Finnish cellular
phone manufacturer are the only companies identified as leaders in their
respective sectors for a second straight year by both buy- and sell-side
analysts, whose votes were tallied separately. The survey covers 33 sectors
in seven industry groups.
To view the winning companies in all 33 sectors in seven industry groups,
visit www.iimagazine.com.
Investors' expectations are changing, and companies must respond
accordingly, says José Antonio Álvarez, Banco Santander's chief financial
officer.
"As a result of the crisis, investor focus has shifted from new projects to
the balance sheet," observes Álvarez. "The market wants to understand
liquidity."
To aid them in that understanding, the Spanish bank disclosed in its risk
report for 2007, as the subprime mortgage market in the U.S. was
collapsing, that it had no exposure to subprime mortgages and only EUR
25 million ($32.6 million) in exposure to collateralized debt obligations.
This year's ranking of Europe's Best Investor Relations is based on the
opinions of 430 portfolio managers and investment officers at nearly 275
firms managing $3 trillion in pan-European equities and 820 sell-side
analysts at more than 125 firms.
More information can be found on our Web site, www.iimagazine.com.
For more information about this ranking, please contact Michele Bickford at
mbickford@iiresearchgroup.com or (212) 224-3360.
About Institutional Investor
Now entering its fifth decade, "Institutional Investor" has consistently
distinguished itself among the world's foremost financial publications with
ground-breaking journalism and incisive writing that provides "must read"
intelligence for a global audience. Three editions of the magazine are
published: Americas, International and Asia. In addition, throughout the
year "Institutional Investor" offers a host of proprietary research and
rankings that serve as respected industry benchmarks, informing and
influencing its carefully targeted circulation base throughout the year.
For more information visit www.iimagazine.com.