Middle East equity research poll 2009: Methodology

Research: A local presence is crucial

Middle East equity research poll 2009

Most convincing and coherent strategy

Euromoney’s annual Middle East research poll was conducted between May and June.

Investors were asked to rate analyst teams for the categories indicated. Scores were given in all categories in the ratio of 5:4:3:2:1 for first, second, third, fourth and fifth place nominations respectively. Scores were weighted as follows to take into account the size of funds under management:

For the most convincing and coherent strategy we received 138 individual company nominations this year. Scores were calculated as follows:

1st place nomination = 4 points
2nd place nomination = 3 points
3rd place nomination = 2 points

These were totaled and weighted as above to give a final score.

Holdings of Middle Eastern equity (excluding Turkey):

Greater than $250 million – weighted by factor of 7
Between $100 million and $249.99 million – by a factor of 5
Between $50 million and $99.99 million – by a factor of 3
Less than $50 million – unity.

Holdings of Middle Eastern debt (excluding Turkey):

Greater than $250 million – weighted by factor of 7
Between $100 million and $249.99 million – by a factor of 5
Between $50 million and $99.99 million – by a factor of 3
Less than $50 million – unity.

We received 321 valid replies in total, an increase of 71% on last year.