EFG Hermes’s research house has become the only research institution in the Arab world to be included in the Institutional Investor’s ranking for Europe, Middle East and Africa (EMEA) Research Team for 2015, the financial group said on Thursday.
“The finish on the leaderboard is the best-ever performance by a MENA research house on the industry’s most-followed ranking of sell-side analysts”, the statement said.
“Institutional Investor is not just one of the oldest sell-side rankings, it is also by far the most prestigious and is followed closely by most of the institutional investors community,” noted EFG Hermes Head of Research Wael Ziada.
“What is particularly remarkable, in my view, is that the twelfth-place finish that saw us edge out global majors is a ranking over the entire EMEA region despite our coverage being limited only for MENA, which means that we scored higher than all of our peers on our MENA coverage.”
The rankings are based on survey responses from more than 500 global portfolio managers and buy-side analysts at 343 leading asset management firms around the world.
