NEW YORK, NY--(Marketwire - Jun 11, 2012) - Asset managers that invest in emerging Europe, the Middle East and Africa prefer Deutsche Bank over all other full-service brokerages, according to data compiled by Institutional Investor magazine. Citi is their No. 2 choice, followed by Bank of America Merrill Lynch at No. 3.
The full ranking and its methodology can be found at www.institutionalinvestor.com.
Deutsche Bank captured first place on Institutional Investor's 2012 Emerging-Markets Equity & Fixed-Income research, sales and trading teams, so it's hardly surprising that the firm leads the line-up of best brokerages, a ranking based on aggregated totals of each firm across the three surveys.
When these aggregated totals are screened by the country in which each firm is headquartered, Russia's VTB Capital is the best brokerage in Emerging Europe (which includes Russia and the Commonwealth of Independent States) and Egypt's EFG-Hermes is tops among those firms headquartered in the Middle East & North Africa.
For the purposes of this ranking, global banks headquartered outside the region are considered domiciled in the country in which their primary emerging-markets operations are based.
This marks the second time this year that Deutsche Bank has been recognized as a regional champion. In March the firm was declared Europe's Best Brokerage after it swept Institutional Investor's 2012 All-Europe research, sales and trading teams.
For more information contact Thomas W. Johnson at tjohnson@iimagazine.com or (212) 224-3160.
About Institutional Investor
Now in its fifth decade, Institutional Investor has consistently distinguished itself among the world's foremost financial publications with groundbreaking journalism and incisive writing. In addition, Institutional Investor offers a host of proprietary research and rankings that serve as respected industry benchmarks. For more information visit www.institutionalinvestor.com.
Contact Information:
Contact:
Thomas W. Johnson
tjohnson@iimagazine.com
(212) 224-3160