(previously called Credit research)Institutional investors tell us which analysts have made the best calls in the past 12 months. An invaluable guide to investors looking to diversify their European portfolios.
The 2008 results will be released in May.
May 2008
The crunch has precipitated a world where good credits can turn bad overnight. Research teams must adapt to the new circumstances while clients increasingly have their own expertise. Jethro Wookey reports.
May 2007
Banks that have downgraded client-directed credit research might well be short-sighted. Euromoney’s latest credit research poll indicates that some of the top-ranking banks have recognized this, taking a ‘third way’ that allies trading desk focused research with a sustained published research capability.
April 2006
Banks’ credit research departments are readying themselves for a turn in the credit cycle towards a higher level of defaults and volatility. Florian Neuhof reports on the state of play.
April 2005
Modular rather than maintenance seems to be the new buzzword as the key to success in a rapidly changing environment for credit research. But every investment bank seems to have a different view about the implications for analysts. To publish or not to publish? Cross asset or sectoral? Client facing or in house? Whatever the decision, only the best analysts will survive.
April 2004
Results of Euromoney’s biggest ever credit research poll indicate that the development of relationships with continental European investors is crucial to success.
April 2003
Things are so tough in investment banking that major institutions are prepared to let award-winning credit analysts decamp to the buy side. Among them are some high-fliers in Euromoney's latest annual credit research poll. Kathryn Tully reports.
April 2002
Interviews with the front-runners in this year's Euromoney credit poll indicate a market in flux and efforts on the part of credit research teams to adapt to this. At a time when equity activity is subdued, the credit market stands out as lively but also highly volatile throughout the rating spectrum. This means that the top firms are doing their best to find new ways of presenting research to their varied customer base. Timeliness, focus and independence in their reports are crucial but they must produce this with staffing levels that are generally substantially lower than those of their equity colleagues.
April 2001
Euromoney polled investors at 3,000 investing institutions in 31 countries, asking them to rank the individuals and teams whose credit research they rate most highly. The response was four times that of last year, with nearly 340 firms replying to our questionnaire. The winners were two bulge-bracket US firms and two of the largest European banks.
April 1999
As credit research burgeoned last year there probably were analysts who could command seven-figure salaries. Demand is still high but supply is catching up. The best research houses are formalizing their approaches and a pecking order is developing. Rebecca Bream looks at what's on offer.