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May 21, 2015

Thomson Reuters Announces Winners of 2015 StarMine Analyst Awards in Latin America

J.P. Morgan recognized as the top brokerage firm; Alexandre Spada, of Itaú BBA and Muriolo Freiberger of BofA Merrill Lynch Global Research, take the top individual awards

São Paulo, Brazil – Thomson Reuters today announced the winners of the 2015 StarMine Analyst Awards for Latin America. This is the very first year that StarMine has presented its awards to the top stock analysts and brokerage firms in the region.

StarMine, a leading provider of objective ratings of sell-side securities analysts, measures the performance of analysts based on the industry excess returns of their buy/sell recommendations and the accuracy of their earnings estimates. The 2015 awards recognise the sell-side analysts who have shown outstanding performance either as stock pickers based on the calendar year of 2014, and/or earnings estimators on the fiscal period that reported between April 1, 2014 and March 31, 2015.

“For the past 14 years, Thomson Reuters StarMine has held this excellence recognition across the globe, covering European- and Asian-based regions, as well as the U.S. and Canada. It´s an honour for us to be able to expand this initiative to include Latin America as the 16th region where we recognize analyst skill set and timing on stock picking and earnings accuracy ability”, said Massimo Di Gregorio, Global Head F&R Market Development GGO, Thomson Reuters.

Raj Shah, head of StarMine sell-side research at Thomson Reuters added: “The sell-side research environment remained as interesting as ever. Market forces played a dominant influence on the direction and volatility of markets, making the analysts’ job as difficult as ever. Analysts had to be more relevant, as the needs of their clients became more complex and changing; as well as offering something more bespoke by getting closer to them, and understanding what they really needed and seamlessly delivering it. Winning analysts were those who were not afraid to make a sell recommendation, and issued estimates that were more timely and accurate than their peers. Congratulations to all of this year’s ranked analysts”.

Analysts are awarded prizes in three main categories:

  • stock recommendation performance relative to specific industry benchmarks (“Stock Pickers”);
  • accuracy in forecasting earnings as compared with peers (“Earnings Estimators”);
  • brokerage firms whose analysts win the most awards (“Most Award-Winning Brokers”).

The winners of the Thomson Reuters StarMine Analysts Awards 2015 Latin America are:

Most Award-Winning Brokers

Rank

Broker

1

J.P. Morgan

2

Citi Investment Research & Analysis

3

BofA Merrill Lynch Global Research

3

Goldman Sachs


Overall Stock Picker

Rank

Analyst

Broker

Country

1

Alexandre Spada

Itaú BBA

Brazil


Overall Earning Estimator

Rank

Analyst

Broker

Country

1

Muriolo Freiberger

BofA Merrill Lynch Global Research

Brazil


Industry Stock Pickers

Rank

Industry

Analyst

Broker

Country

1

Banks & Financial Services

Domingos Falavina

J.P. Morgan

Brazil

 

1

Consumer Discretionary

Daniel McGoey

Citi Investment Research & Analysis

Brazil

 

1

Consumer Staples

Ana Hernández Velázques

Invex

Mexico

1

Energy

Bruno Montanari

Morgan Stanley

Brazil

1

Health Care

Luciano Campos

HSBC Global Research

Brazil

 

1

Industrials

Ana Gabriela Reynal

Santander

Mexico

1

Information Technology

Andre Baggio

J.P. Morgan

Brazil

1

Materials

Lucas Ferreira

J.P. Morgan

Brazil

1

Real Estate

Vanessa Quiroga

Credit Suisse

Mexico

1

Telecommunication Services

Vera Rossi

Goldman Sachs

US

1

Utilities

Andres Ossa

Credicorp Capital

Chile


Industry Earnings Estimators

Rank

Industry

Analyst

Broker

Country

1

Banks & Financial Services

Saul Martinez

J.P. Morgan

US

1

Consumer Discretionary

Nicole Hirakawa

Credit Suisse

Brazil

1

Consumer Staples

Robert Ford Aguilar

BofA Merrill Lynch Global Research

US

1

Energy

Bruno Montanari

Morgan Stanley

Brazil

1

Health Care

Gustavo Oliveira

UBS

Brazil

1

Industrials

Murilo Freiberger

BofA Merrill Lynch Global Research

Brazil

1

Information Technology

Richard Dineen

HSBC Global Research

US

1

Materials

Alexander Hacking

Citi Investment Research & Analysis

US

1

Real Estate

Marimar Torreblanca

UBS

Mexico

1

Telecommunication Services

Michel Morin

Morgan Stanley

US

1

Utilities

Sergio Conti

Goldman Sachs

Brazil


Please click here for the complete winners’ list, including industry sector winners, and the awards methodology.

About Thomson Reuters StarMine Analyst Awards

Thomson Reuters StarMine is globally recognized as the gold standard in objective measurement of sell-side analyst performance. The awards recognize the world's top individual sell-side analysts and firms, and they can also be used by buy-side firms to identify the leading analysts at sell-side firms. The Thomson Reuters StarMine Analyst Awards measure the performance of sell-side analysts based on the returns of their buy and sell recommendations relative to industry benchmarks; and the accuracy of their earnings estimates in 16 regions across the globe. For the past 14 years, Thomson Reuters StarMine has partnered with some of the world’s most respected financial news outlets to publish the names of the winning analysts to give them the exposure and recognition they deserve. We also utilise internal press releases that are distributed to external business and financial desks. For more details, please visit starmineawards.com.

Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com/.

 

CONTACT

Luciana Leite
Thomson Reuters
Tel: +55 11 95550-6998 or 99149-4950
Email: luciana.leite@thomsonreuters.com