Best Equity Research?
O
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(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





http://www.efinancialnews.com
http://www.efinancialnews.com/story/2010-06-29/jpm...
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.
http://excellence.thomsonreut
http://excellence.thomsonreuters.com/awards/starmine
http://www.iimagazine.com/Res
http://www.iimagazine.com/Research
JP Morgan tops US research
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]
MittRomney: Thanks, but for
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.
Mitt: Hey thanks. Just what
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
Sanford Bernstein, which is
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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the illustrious monkeysama
Wall Street Journal's Best on
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
BarCap
BarCap
ERon wrote: Wall Street
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.
monkeysama wrote: Ce'st
Ce'st levie.
epic fail
awp wrote: monkeysama
Ce'st levie.
epic fail
ahahahaha
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