NatWest wins top rankings
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.NatWest Securities has emerged a clear winner in the first Reuters rankings of investment analysts covering the largest 350 companies in the UK. The broking house yesterday scooped three of the four main prizes.
The three highly-polished, antique silver salvers won by NatWest were for best overall sales, the best sector team, and the best overall research. Smith New Court won the accolade for best execution on share deals.
The rankings were compiled by Tempest Consultants, which surveyed three industry groups. They comprised almost 800 analysts and specialist salespeople in the City, the heads of the UK's largest managers of equity funds, and all finance directors of the largest 350 companies, accounting for 93 per cent of the £708bn value of the stock market.
Stephen Parker, a director of Tempest, said: "We have analysed out the data with a preference for weighting by funds under management.
"The result is a report which represents a first step in benchmarking the changing needs and responses of all three main industry groupings."
The Reuters survey draws interesting conclusions from the results.
Chiefly, it says that there is arguably more change under way in the UK securities market than at any time since Big Bang in 1986.
Driving forces behind the changes are technology, and a mixture of increasing regulation and deregulation with the prospect of more to come.
However, the report shows that the fund managers, finance directors, analysts and salespeople differ in opinion and approach to the way forward for the securities industry.
Fund managers' ranking of brokers' research
1 NatWest Securities
2 BZW
3 Kleinwort Benson
4 James Capel
5 SG Warburg
6 Smith New Court
7 UBS
8 ABN-AMRO Hoare Govett
9 Goldman Sachs
10 Credit Lyonnais Laing
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments