Institutional Investor magazine named Deutsche Bank the leading research provider in emerging Europe, the Middle East and Africa in its March issue available Tuesday.
The magazine surveyed investors to determine the best sell-side equity research coverage in those regions.
Deutsche Bank moved up from the number two spot last year, exchanging places with UBS. In a three-way tie for third are returning third-place winners ING Equity Markets and Merrill Lynch, and last year’s fifth-place firm, Renaissance Capital.
The ranking was compiled under the direction of Director of Research Operations Group Sathya Rajavelu, Assistant Managing Editor for Research Evan Cooper and Senior Editor Jane B. Kenney, with Senior Associate Editor Tucker Ewing.