NEW YORK, NY--(Marketwired - Jun 18, 2013) - Bank of America Merrill Lynch takes top honors on the 2013 Emerging Europe, the Middle East & Africa Research Team, Institutional Investor's annual ranking of the region's most highly regarded sell-side analysts as determined by the world's leading money managers.
Complete survey results can be found at Institutional Investor's website.
BoA Merrill places in 19 of the survey's 20 sectors, two more than last year -- and ten of its appearances are for teams deemed the best in their respective coverage areas. The firm finished first in only two sectors in 2012.
Deutsche Bank, which topped the roster for the past two years, slips to second place after losing two positions, reducing its total to 17. Citi's count is also down by two, to 15; the firm dips from second place to third. Morgan Stanley, with nine spots again this year, repeats at No. 4 but shares the rank this time with VTB Capital, which jumps three places after increasing its team total by two.
The firm in sixth place is also the year's biggest upward mover. Sberbank CIB vaults from tenth place after picking up two positions, for a total of seven.
These six are the only firms with sector-topping teams.
BofA Merrill is especially dominant in the survey's macro categories, capturing first place in seven of those eight sectors. The firm also makes strong gains in II's related regional surveys, capturing first place on both the Emerging EMEA Sales Team and Emerging EMEA Trading Team.
The broader research survey reflects the opinions of 537 individuals at 350 institutions globally that manage an estimated $364 billion in emerging EMEA equities and $130 billion in emerging EMEA fixed-income assets.
For more information contact Alyssa Walker at awalker@iiresearchgroup.com or (212) 224-3677.
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