![]() Awards for Excellence 2010 |
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| Best Emerging markets equity house: JPMorgan | |
| Also nominated: Credit Suisse and Morgan Stanley |
No capital market has been more difficult for investment banks to negotiate over the past 12 months than the equity market. Between June and December the emerging equity markets reopened and then consolidated, with deals not just from blue-chip names but also small caps, as it appeared that risk appetite was returning.
True, issuance volumes were below their peak levels from just before the crisis – in Brazil, for example, there were 27 deals in 2009, raising $25.4
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