NEW YORK, Oct. 6, 2016 /PRNewswire/ --
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Evercore ISI was named #3 in Institutional Investor's All-America Equity Research survey, with 30 ranked analysts in total. This marks the third year in a row that Evercore ISI has placed in the top 5 firms in the annual survey. On a weighted basis (i.e. higher weighting assigned to a #1 rank and lower weighting assigned for a runner-up rank) Evercore ISI ranked #2 to J.P. Morgan.
The 2016 All-America Research Team reflects the opinions of more than 3,800 individuals from more than 1,000 buy-side firms, including more than 90 of the 100 biggest U.S. equity managers, which collectively manage an estimated $11.6 trillion in U.S. equities, according to the magazine.
Evercore ISI has the second-highest number of #1 analysts, behind J.P. Morgan. Evercore ISI's #3 rank in 2016 represents the highest finish by a non-bulge-bracket firm since 1995, when Donaldson, Lufkin & Jenrette Securities Corp. captured second place.
"We are very pleased to achieve this high level of recognition from Institutional Investor," said Ralph Schlosstein, President and Chief Executive Officer. "This achievement reflects our commitment to delivering value to our clients through the most elite independent research, dedicated client access and overall client service."
Ed Hyman, Evercore ISI's Chairman, said, "This is a team effort, period. But most important, this is an opportunity for us to thank our clients for their support."
First Team Third Team ---------- ---------- Analyst Sector Analyst Sector David Raso Machinery Jonathan Chappell Shipping Gregory Melich Retailing/Broadlines & Hardlines Stephen East Homebuilders & Building Products Douglas Terreson Integrated Oil Timm Schneider Natural Gas James West Oil Services & Equipment Stephen Richardson Oil & Gas Exploration & Production Stephen Sakwa REITs Ross Muken Life Science & Diagnostic Tools Mark Schoenebaum Biotechnology/Large-Cap Ross Muken Health Care Technology & Distribution Mark Schoenebaum Biotechnology/Mid- & Small-Cap Dennis DeBusschere Portfolio Strategy Mark Schoenebaum Pharmaceuticals/Major Dennis DeBusschere Equity-Linked Strategies Umer Raffat Pharmaceuticals/Specialty Richard Ross Technical Analysis Christopher Muse Jr. Semiconductor Capital Equipment Ed Hyman Economics Krishna Guha Washington Research Runner-up --------- Analyst Sector Robert Ottenstein Beverage, Household & Personal Care Products Second Team Omar Saad Retailing/Dept. Stores & Specialty Softlines ----------- Analyst Sector Gregory Gordon Electric Utilities Glenn Schorr Brokers, Asset Managers & Exchanges Timm Schneider Master Limited Partnerships Jonathan Schildkraut Communications Infrastructure Glenn Schorr Banks/Large-Cap John Pancari Banks/Mid-Cap Pankaj Patel Quantitative Research
About Evercore
Established in 1995, Evercore (NYSE: EVR) is a leading global independent investment banking advisory firm. Evercore advises a diverse set of investment banking clients on a wide range of transactions and issues and provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. The Firm also offers investment management services to high net worth and institutional investors. With 28 offices in North America, Europe, South America and Asia, Evercore has the scale and strength to serve clients globally through a focused and tailored approach designed to meet their unique needs. More information about Evercore can be found on the Company's website at www.evercore.com.
Investor Contact: Robert B. Walsh Chief Financial Officer, Evercore +1.212.857.3100 Business Contact: Vinayak Singh Evercore ISI +1 212.446.9401 Media Contact: Dana Gorman The Abernathy MacGregor Group, for Evercore +1.212.371.5999
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SOURCE Evercore