Nordic Institutions Domestic Equity Trade 2005

Transcription

1 Facts about the Survey & Definitions All Institutions Defined by portfolio turnover, number of interviews % of total turnover past 12 months institutions turnover > EUR 350 million Analysts Response Rate Interviewees Method & Time Overall Performance Knowledge Portion of maximum points 48 interviews with institutions keeping sector responsibles/analysts 88 % of the portfolio managers, 82 % of the analysts approached Portfolio managers & dealers approached for performance evaluation and sector research ranking, analysts for sector research ranking Telephone interviews by Prospera s interviewers, Nov 10 till Dec 05 Weighted average of criteria covering a stockbroker s analytical competence, sales & salestraders performance and general features of the organisation. Each criterion is weighted by its importance. Scale 1-5. Percentage of profile questions (criteria) concerning each individual stockbroker that the interviewees have responded to, i.e. have had an opinion of. In each tier stockbrokers which less than 8 interviewees have an opinion of, i.e. relatively unknown to a majority of the interviewees, are excluded from the overall performance ranking. For sector research, the top ranked stockbroker is allotted 3 points, the second 2 and the third 1. Each stockbroker s points are summed and divided by the maximum possible points. Slide 1

2 Overall Performance Top 5 Rank Value Knowledge % Industry mean value 3,3 *1 *1 3 Enskilda Securities Deutsche Bank Handelsbanken Alfred Berg ABN AMRO Carnegie Mandatum Stockbrokers 3,9 3,9 3, Industry mean value 3,4 *1 *1 3 Enskilda Securities Deutsche Bank Handelsbanken Carnegie Alfred Berg ABN AMRO Mandatum Stockbrokers 3,9 3,9 3, Slide 2

3 Macro & Strategy Alfred Berg ABN AMRO 4 Morgan Stanley 5 Handelsbanken Alfred Berg ABN AMRO 4 Morgan Stanley 5 Handelsbanken Banking & Insurance 3 Evli Bank Alfred Berg ABN AMRO Deutsche Bank *3 Alfred Berg ABN AMRO *3 Deutsche Bank 5 Evli Bank Slide 3

4 Retail, Services & Consumer goods 1 Alfred Berg ABN AMRO 2 Handelsbanken 4 FIM 5 Evli Bank 10 1 Alfred Berg ABN AMRO 32 2 Handelsbanken * *3 FIM 5 Evli Bank 9 IT Rank Portion of maximum points, % 1 FIM 3 Deutsche Bank 4 Enskilda Securities 1 FIM 2 Deutsche Bank 3 Carnegie 4 Enskilda Securities 5 Handelsbanken Slide 4

5 Transport 1 Evli Bank 3 Carnegie 4 Deutsche Bank 9 1 Evli Bank 27 * * 4 Deutsche Bank 9 Telecom operators 3 Alfred Berg ABN AMRO 4 FIM 5 Enskilda Securities Alfred Berg ABN AMRO FIM Slide 5

6 Telecom equipment * *3 Handelsbanken Handelsbanken 5 FIM Media Rank Portion of maximum points, % 2 Evli Bank 3 Deutsche Bank 4 Opstock 2 Evli Bank *3 Alfred Berg ABN AMRO *3 Deutsche Bank 5 Enskilda Securities Slide 6

7 Engineering 1 Carnegie 41 2 Mandatum Stockbrokers Deutsche Bank Kaupthing 1 Carnegie 34 2 Mandatum Stockbrokers Kaupthing 5 FIM Forestry Rank Portion of maximum points, % 1 Enskilda Securities 2 Deutsche Bank 3 eq 4 Handelsbanken 1 Enskilda Securities 2 Deutsche Bank 3 eq 4 Handelsbanken Slide 7

8 Steel & Metal 1 Alfred Berg ABN AMRO 32 2 Deutsche Bank 24 3 Mandatum Stockbrokers 4 Handelsbanken 5 Kaupthing 1 Alfred Berg ABN AMRO 24 2 Mandatum Stockbrokers *3 Deutsche Bank *3 Handelsbanken *3 Kaupthing Construction & Real estate Evli Bank Mandatum Stockbrokers 4 Mandatum Stockbrokers 5 Evli Bank Slide 8

9 Energy & Utility 38 *3 Alfred Berg ABN AMRO * 5 Handelsbanken Carnegie 4 Handelsbanken 12 Chemicals 4 Evli Bank Alfred Berg ABN AMRO Evli Bank Slide 9

10 Small Caps <0,7 billion EUR 1 FIM 74 2 Kaupthing 37 3 Carnegie 4 Mandatum Stockbrokers *5 Evli Bank *5 Opstock 1 FIM 63 2 Kaupthing 3 Carnegie 4 Mandatum Stockbrokers 5 Evli Bank Slide 10

11 Sector Research - Portfolio Managers & Analysts No opinion/no one, % Macro & Strategy analysis Banking & Insurance Retail, Services & Consumer goods IT Transport Telecom operators Telecom equipment Media Engineering Forestry Steel & Metal Construction & Real estate Energy & Utility Chemicals Small Caps <0,7 billion EUR Slide