NEW YORK, NY — (Marketwire) — 06/11/12 — 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 .
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 or (212) 224-3160.
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 .
Contact:
Thomas W. Johnson
(212) 224-3160