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Wall Street Oasis » Forums » Equity Research Rendezvous
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Best Equity Research?
 

monkeysama's picture
monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 9/28/10 at 10:58am

Somebody mentioned that the BBs were not the best for Equity Research, so I was wondering if anyone knew if there was a best of list for ER. I know, I know, my google fu is weak. I found the list based on the WSJ, but that didn't seem very informative - more like it said who were the best individual pickers at buy/sell advice, which isn't what I'm after.

Any help would be appreciated.

cheers

the illustrious monkeysama

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MittRomney's picture

http://www.efinancialnews.com

MittRomney
     
 
(Orangutan, 286
 
Points)
 on 9/28/10 at 11:20am

http://www.efinancialnews.com/story/2010-06-29/jpm...

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monkeysama's picture

MittRomney

monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 9/28/10 at 11:40am
MittRomney:

http://www.efinancialnews.com/story/2010-06-29/jpmorgan-greenwich-research

Gah....I can't get FT cause it's behind a paywall (won't let me trial register either). Thanks for the reply though.

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MittRomney's picture

http://excellence.thomsonreut

MittRomney
     
 
(Orangutan, 286
 
Points)
 on 9/28/10 at 11:46am

http://excellence.thomsonreuters.com/awards/starmine

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MittRomney's picture

http://www.iimagazine.com/Res

MittRomney
     
 
(Orangutan, 286
 
Points)
 on 9/28/10 at 11:46am

http://www.iimagazine.com/Research

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MittRomney's picture

JP Morgan tops US research

MittRomney
     
 
(Orangutan, 286
 
Points)
 on 9/28/10 at 11:48am

JP Morgan tops US research rankings

Shanny Basar in New York
29 Jun 2010

JP Morgan is the top bank for US equity research, according to annual rankings that show Wall Street’s biggest banks have successfully captured market share freed up by the collapse of rivals during the crisis.

JP Morgan was ranked first in Greenwich Associates’ US equity research rankings for 2010 and the Connecticut-based consultancy said bulge bracket firms have succeeded in retaining or capturing market share over the past 18 months.

Bank of America Merrill Lynch was in second place with Barclays Capital and Credit Suisse sharing joint third position. The report said: “Only 60 basis points in share separates the jointly fourth ranking firms of (in alphabetical order) Citigroup, Goldman Sachs, Morgan Stanley, Sanford C Bernstein, and UBS.”

The consultancy interviewed 1,007 equity analysts at US buyside institutions between November 2009 and March 2010. Research providers are ranked by their share of the US institutional “research vote,” which Greenwich weights by the amount of US equity trading commissions the fund manager pays out.

Greenwich said in a report yesterday that the loss of Bear Stearns, Lehman Brothers and Merrill Lynch initially boosted smaller research providers but added that the bulge-bracket firms as a whole captured a significant portion of the business freed up by market dislocations during the global crisis.

The report said: “Barclays Capital has been especially effective in securing the vast bulk of the relationships and research share formerly held by Lehman Brothers, the core US assets of which were acquired by Barclays in 2008.”

Greenwich said that as the crisis receded, several US bulge-bracket firms have begun rebuilding depleted research franchises and hiring back top analysts, while overseas firms such as Nomura, CLSA and Macquarie have been building their own research teams in the country.

This month, Nomura said that Glenn Schorr from UBS will join the Japanese bank as head of its US financials equity research team. Greenwich said growth of overseas firms has had the biggest impact on smaller research providers.

Jay Bennett, a Greenwich Associates consultant, said: “To a large extent, some of the top mid-sized brokers and other non-bulge bracket providers are limited in the amount of the vote they can capture because they are only able to compete in US equities. For this reason, several of these firms are trying to build capabilities in Europe and Asia, while foreign firms look to build a bigger presence in US equities.”

- write to [email protected]

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monkeysama's picture

MittRomney: Thanks, but for

monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 9/28/10 at 11:49am

MittRomney:

Thanks, but for the TR link, that just awards individual analysts, which I am not so interested in.
Your second link showed promise, but it is again behind a paywall.

Sorry for being so difficult. Thanks for the links though.

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monkeysama's picture

Mitt: Hey thanks. Just what

monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 9/28/10 at 11:53am

Mitt:

Hey thanks. Just what I wanted. Someone in another thread said that the BBs were not the places to be for ER and I was all like "really?" So I guess this just confirms what I had thought.

Too bad, cause I got all excited that there might be some shadow firms out there I had not heard of .

Ce'st levie.

the illustrious monkeysama

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drexelalum11's picture

Sanford Bernstein, which is

drexelalum11
      O
 
(Neanderthal, 3,635
 
Points)
 on 9/28/10 at 12:02pm

Sanford Bernstein, which is mentioned in the above article, has a pretty good rep for ER, and is not a BB. CLSA, also mentioned, has some very good guys, particularly in Asia, and is likewise not a BB.

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monkeysama's picture

And.....I've sent both those

monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 9/28/10 at 1:00pm

And.....I've sent both those firms my resume. Huzzah!

the illustrious monkeysama

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ERon's picture

Wall Street Journal's Best on

ERon
     
 
(Monkey, 52
 
Points)
 on 9/28/10 at 10:02pm

Wall Street Journal's Best on the Street

http://webreprints.djreprints.com/2437250593234.pdf

also here: http://online.wsj.com/public/page/best-on-the-stre...

1. Stifel Nicolaus
2. Credit Suisse
3. Deutsche Bank
4. UBS
5. JP Morgan
6. Wells Fargo
7. Raymond James
8. Bank of America Merril Lynch
9. KeyBanc Capital markets
10. Keefe Bruyette & woods
11. Oppenheimer & Co.
12. Citigroup
13. Barclays Capital
14. Standard & Poors

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PuppyBackedSecurities's picture

BarCap

PuppyBackedSecu...
      IB
 
(Orangutan, 288
 
Points)
 on 9/28/10 at 10:36pm

BarCap

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monkeysama's picture

ERon wrote: Wall Street

monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 9/29/10 at 1:04am
ERon:

Wall Street Journal's Best on the Street

http://webreprints.djreprints.com/2437250593234.pdf

also here: http://online.wsj.com/public/page/best-on-the-stre...

1. Stifel Nicolaus
2. Credit Suisse
3. Deutsche Bank
4. UBS
5. JP Morgan
6. Wells Fargo
7. Raymond James
8. Bank of America Merril Lynch
9. KeyBanc Capital markets
10. Keefe Bruyette & woods
11. Oppenheimer & Co.
12. Citigroup
13. Barclays Capital
14. Standard & Poors

Wow thanks! Definitely some non-obvious (to stupid little me) ones on there. great.

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awp's picture

monkeysama wrote: Ce'st

awp
      O
 
(Orangutan, 291
 
Points)
 on 9/29/10 at 6:18pm
monkeysama:

Ce'st levie.

epic fail

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drexelalum11's picture

awp wrote: monkeysama

drexelalum11
      O
 
(Neanderthal, 3,635
 
Points)
 on 9/29/10 at 7:19pm
awp:
monkeysama:

Ce'st levie.

epic fail

ahahahaha

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monkeysama's picture

C'est la vie So, good thing

monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 9/30/10 at 2:03am

C'est la vie

So, good thing I'm not a french major. You guys suck and now I'm sad.

You made me a sad panda.

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Bodhis's picture

I think you really need to

Bodhis
      ER
 
(Senior Baboon, 178
 
Points)
 on 10/1/10 at 8:34am
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jasper90's picture

Can someone post the 2012 top

jasper90
      IB
 
(Gorilla, 582
 
Points)
 on 10/18/12 at 1:44pm

DISCLAIMER: I AM JUST A COLLEGE STUDENT

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jasper90's picture

Can someone post the 2012 top

jasper90
      IB
 
(Gorilla, 582
 
Points)
 on 10/18/12 at 1:44pm

DISCLAIMER: I AM JUST A COLLEGE STUDENT

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newfirstyear's picture

Really depends on the sector

newfirstyear
      ER
 
(Senior Orangutan, 465
 
Points)
 on 10/18/12 at 11:08pm
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bearing's picture

Very highly analyst dependent

bearing
      ER
 
 
(Neanderthal, 2,082
 
Points)
 on 10/19/12 at 1:22am
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West Coast rainmaker's picture

Extremely analyst dependent.

West Coast rainmaker
      ER
 
 
(Neanderthal, 2,092
 
Points)
 on 10/19/12 at 2:50pm
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BlackHat's picture

ERon: Wall Street Journal's

BlackHat
      HF
 
 
(Senior Neanderthal, 4,950
 
Points)
 on 10/19/12 at 3:04pm

I hate victims who respect their executioners

Follow BH & Co. on Twitter: @DumbLuckCapital
twitter.com/DumbLuckCapital

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West Coast rainmaker's picture

BlackHat: ERon: Wall Street

West Coast rainmaker
      ER
 
 
(Neanderthal, 2,092
 
Points)
 on 10/19/12 at 3:55pm
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PowerMonkey's picture

The WSJ surveys are

PowerMonkey
      ER
 
 
(Senior Gorilla, 765
 
Points)
 on 10/26/12 at 1:18pm

--There are stupid questions, so think first.
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  • So I just finished up my junior year as an econ major at a target in NYC. I won't post my whole story, as I've done that before on here, but I decided very recently that I wanted a career in investment banking. Because of that, I have no relevant experience. However, I managed to...
    Accounting 101 or more math?
  • I'll be quick with this - Liberal Arts undergrad MBA (no concentration) student graduating in December No relevant finance experience outside of academia No finance...
    Need Some Career Advice
  • In case you missed them, here's some of last week's most popular topics: <a href="http://www.wallstreetoasis.com/forums/yahoo-buys-tumblr"><strong>Yahoo Buys Tumblr </strong></a> [quote] Any thoughts on this? $1.1bn seems like a lot, but maybe I...
    WSO Weekly Wrap-Up 05/18-05/24
  • Yes I am thinking of the song by The Clash... I don't mean to post an annoying overly-posted subject right now (as I notice someone else has done the same today) but I really need advice on this very important decision, and could use tips from people who have done something similar in...
    Should I stay, or should I go?
  • HRK at Chipotle, looking very happy to have his picture taken <img...
    Even God Has to Eat From Time to Time
  • Besides on the job experience, anyone have tips on how to get proficient at bloomberg (particularly fixed income section)? i did that certification test and it was useless. Would love to hear about anything in a 'crash course' format too if it...
    Best way to learn to use bloomberg?
  • Whats up Monkey's? I hope everyone is as amped for MDW as I am. Anyway I read the discussions on this site all the time but have barely ever joined them or posted anything. This is because 90% of the time I spend browsing this site is done from my workstation computer. As you all know...
    Posting on WSO at Work
  • Was curious if anyone has any idea what National Sales group does at BB PWM. Obviously it involves sales, but how do BB National sales groups stand out from different more regional teams within the BB PWM groups. Anyone have any experience with these types of...
    Group Placement
  • How realistic is it to land and interview / job offer as an american non-target student applying for an IB analyst position in London? I feel like they wouldn't even bother considering candidates in the U.S ... let me know what you think.. Thanks...
    How Realistic
  • Hi, I'm very curious about the difference between being a sell-side or a buy-side equity analyst. Of course, one main difference is that you don't talk to clients when you are a buy.side analyst and that your reports aren't published, as they are for internal use only. but what else?...
    Difference between sell-side and buy-side equity research (culture/ atmosphere, salary, career paths, etc.)?
  • I'm wondering if I should transfer to an ivy league school in order to get look better on my resume for i banks and, ultimately, MBA programs. I'm going to be a sophomore at a T25 private school (think UVA, Emory, Notre Dame) where I'm majoring in finance and minoring in art history...
    Should I Transfer??
  • Basically, what is expected out of an intern in asset management? Particularly, at a mutual fund? Think about 10-15 billion in AUM. Am I expected to generate ideas, get coffee, work on models? What happens if I mess up? I'm planning for next summer and was wondering if anyone's...
    what is expected of an intern?
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I was writing an email to a fellow monkey who is about to start as a banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the Moelis/Houlihan/Evercore type firms (I call them the firms where most people will...
15 things I wish I knew as a first year banking analyst
This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
Why You DON'T Leave Banking for B School Just to Come Right Back...
I get a ton of emails and answer a ton of posts asking similar questions so I thought I would answer the most common ones I get here and allow others to post their questions so everyone can see them and the subsequent answers. Hope this helps. <strong>Summer Analyst...
MSF Question and Answer
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
I work as a currency volatility trader and manage one of the bigger G10 blocs in London. I've been lucky enough to get responsibility early in my career. I started off managing a single currency book a few months into the job, and have steadily been granted more responsibility to where I am...
Ask Me Anything: I'm a Currency Volatility Trader
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
My Biggest Career Mistake to Date: Prestige
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
I'm a Hedge Fund Analyst - Ask Me Anything
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
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