Fixed income research poll 2007: Trade ideas - ABS

Banks might pay for indifference to research
Ups and downs in 2007
Fixed income research poll 2007 results
Credit research – Best overall	Credit research – Investment grade
Credit research – High yield	Credit research – Other products and markets
Trade ideas Overall	Trade ideas – Structured credit
Trade ideas – Investment grade	Trade ideas – High yield
Trade ideas – ABS	Trade ideas – Other products and markets
Most highly regarded Overall	Methodology

ABS Overall
2007	2006	Team	Score
1		Lehman Brothers	12.46%
2		UniCredit (HVB)	12.18%
3		RBS	8.31%
4		Dresdner Kleinwort	7.75%
5		Barclays Capital	7.39%
6		Citi	7.04%
7		UBS	6.83%
8		Deutsche Bank	6.13%
9		HSBC	6.06%
10		BNP Paribas	5.70%
11		Société Générale	5.00%
12		JPMorgan	3.45%
13		Morgan Stanley	3.24%
14		KMV	2.46%
15		Merrill Lynch	1.69%
16		Credit Suisse	1.55%
17		Cantor	1.48%
18		Fortis	1.06%
19		ING	0.21%
ABS Cash
2007	2006	Team	Score
1		Lehman Brothers	13.41%
2		Citi	12.97%
3		UniCredit (HVB)	11.97%
4		Barclays Capital	9.31%
5		Dresdner Kleinwort	6.98%
6		JPMorgan	6.76%
7		HSBC	5.43%
8		Société Générale	5.32%
9=		RBS	4.77%
9=		UBS	4.77%
11		Deutsche Bank	4.43%
12		BNP Paribas	3.66%
13		Fortis	3.10%
14		Calyon	2.00%
15		Credit Suisse	1.77%
16		Morgan Stanley	1.66%
17		Natixis	1.00%
18=		Merrill Lynch	0.33%
18=		ING	0.33%
ABS Indices
2007	2006	Team	Score
1=		UniCredit (HVB)	13.89%
1=		Lehman Brothers	13.89%
3		Société Générale	10.99%
4		Barclays Capital	9.42%
5		UBS	8.82%
6		JPMorgan	6.88%
7		Dresdner Kleinwort	6.76%
8		Citi	6.04%
9		Morgan Stanley	4.83%
10		Credit Suisse	4.23%
11		Merrill Lynch	3.74%
12		Deutsche Bank	3.14%
13		BNP Paribas	2.66%
14		HSBC	1.81%
15		Fortis	1.69%
16		ING	1.21%