UBS retains No.1 research mantle

Investment banking major UBS has again beaten rival firms to dominate the latest analyst and equities rankings compiled by markets consultant East Coles.

Investment banking major UBS has again beaten rival firms to dominate the latest analyst and equities rankings compiled by markets consultant East Coles.

The closely watched East Coles survey, exclusive to BusinessDay, shows UBS retained its top spot among nearly 50 broking houses in the rankings of overall research. This is a position it has held for several years, dominating specific sectors from banking to diversified minerals to gaming. It also dominated contested institutional trading rankings, including top equities house and capital markets. Other top contenders for equities research include Deutsche Bank and Macquarie.

To compile the rankings, East Coles surveyed the nation's biggest fund managers, which collectively oversee nearly $50 billion in stock investments. The managers were asked to name the stockbroking teams they considered their most important sources of advice on investments in more than 20 sectors, including economics.

UBS banking analyst Jonathan Mott retained the top spot as banking analyst; Deutsche Bank's Paul Young was ranked top metals and mining analyst. Citi's Craig Woolford was voted best retail analyst and Morgan Stanley's Andrew McLeod best media analyst. Scott Haslem topped the rankings as best market economist while Macquarie's Tanya Branwhite was voted best strategist. JP Morgan's Stuart Jackson took out best food and beverages analyst and UBS' James Coghill best insurance analyst.

Among the mid-tier stockbrokers, BBY was ranked No.1 in equities research and Taylor Collison as having the best equities desk.

Reports by analysts are designed to give the fund manager clients of a broking house an edge in their approach to allocating billions of dollars of investments. Some analysts even compile proprietary data, commissioning surveys of bank customers, or the pricing of insurance policies around the country to find early trends in a particular industry.

Some analysts are influential over sentiment surrounding stocks.


Best Equities Research


Top Analysts

BANKS Jonathan Mott, UBS


Paul Young, Deutsche

RETAIL Craig Woolford, Citi


Paul Checchin, Macquarie


Nigel Pittaway, Citi

MEDIA Andrew McLeod,

Morgan Stanley


Richard Eary, UBS

UTILITIES William Allott, CBA


Simon Mitchell, UBS

STEEL Emily Behncke, Deutsche


Stuart Jackson, JPMorgan

GAMING Sam Theodore, UBS

InvestSMART FORUM: Come and meet the team

We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles