UBS Leads "Institutional Investor's" All-Europe Research Team for an Eighth Consecutive Year

NEW YORK, NY--(Marketwire - February 13, 2009) - For an eighth year running, UBS provides the best coverage of pan-European equities, according to participants in the 2009 All-Europe Research Team survey, "Institutional Investor's" 24th annual ranking of the region's best equity researchers.

The big Swiss bank captures 30 total positions -- down from 33 last year -- including 13 teams voted No. 1 in their sectors, up from 11 in 2008. The Banc of America Securities-Merrill Lynch team rises one notch to second place, winning 27 team positions (up from 25), including 11 at No. 1 (up from eight). Citi, with 26 team positions (four fewer than last year), drops one spot to third place.

J.P. Morgan Securities is the biggest gainer among the top ten firms, vaulting from No. 8 to No. 4. The firm, which picked up five European equity analysts following JPMorgan Chase & Co.'s acquisition of Bear Stearns Cos. last spring, garners 24 total team positions, up from 15 in 2008. Credit Suisse, with 18 positions (down from 24), slips one spot to fifth place.

The 2009 All-Europe Research Team survey ranks equity research teams in 32 industry sectors, five countries and five macroeconomic disciplines. Results, which are based on the responses of 1,300 investors and portfolio managers at more than 540 buy-side firms managing an estimated $6 trillion in European equities, have been released incrementally over the past three days.

Today, the final day of the rollout, "Institutional Investor" announces winning teams in the 17 sectors in the remaining categories -- Basic Materials, Energy, Financial Institutions, Industrials and Pharmaceuticals & Health Care.

To view the All-Europe Research Team rankings, please visit www.iimagazine.com. For more information, please contact Alyssa Walker at awalker@iiresearchgroup.com or 212-224-3677.

Contact Information: Contact: Alyssa Walker awalker@iiresearchgroup.com 212-224-3677