NEW YORK ANALYSTS ARE THE MOST INTERNATIONAL
In the race to construct global teams of equity analysts, the
Americans are clearly ahead, Euromoney's 1986 exclusive worldwide
research ranking shows. But a firstclass global product is still some
way off.
This is the second year that Euromoney has polled institutional
investors around the globe, asking questions about the analysts they
favour. The institutions are asked to vote for research stars in their
home market and for analysts overseas. The Americans received many more
cross-border votes than their counterparts in other countries.
American analysts in aerospace, electronics and paper impressed
British institutions, for instance. Japanese investors gave no votes to
the British, but smiled on American experts or portfolio strategy,
autos, electronics and pharmaceuticals.
Perhaps this is a sign that the Americans' ambitious plans for
building research teams around the world are beginning to pay dividends.
During the rest of this year,...