Euromoney’s fixed income research survey reveals excellence in research rankings as regulation looms that will force investors to recognise the cost of the research they consume.
JPMorgan moved up to dominate in Euromoney’s 14th survey of fixed income research providers, winning the overall credit research category and overall trade ideas, having placed second in both categories last year.
Euromoney added two new categories to the survey this year – corporate hybrid bonds and high yield bonds — to reflect the growing importance of these asset classes in the international capital markets.
Euromoney asked research consumers to nominate their top three credit research providers across a range of sectors and borrower types.
Nominated firms were scored 4:3:2 for first, second and third place votes, respectively, in each survey.
Research is defined as research/trading ideas consumed by clients — from providers of research — via all distribution channels at the providers. Specifically from a research perspective, this incorporates all research regardless of it being independent/non-independent.
Euromoney received 2426 replies to the survey. Of these, 2105 valid responses went into the results after data verification and validation.