Deutsche Bank has been named the preferred full-service brokerage provider in Emerging Europe the Middle East and Africa as chosen by leading asset managers.

The bank ranks first on Institutional Investor’s 2012 Emerging-Markets Equity & Fixed-Income research, sales and trading teams. 

It dominated all three categories and was ranked first in trading and sales and for the second time, first in research, a unit that manages out of Dubai.

Pascal Moura, head of Emerging EMEA Equity Research, said: "Being named the preferred brokerage provider in Emerging Europe the Middle East and Africa is a great recognition for our teams here in the Mena region.”

“The value of this is even greater as the nomination comes from asset managers themselves who tend to have very good market insight into the various services offered. Being named the preferred broker by those highly sophisticated investors is of great value to us and spurs us to continue to satisfy their demands in the future," he said.

Ahmed Beydoun, head of Mena Equities, said: "The research, sales and trading platform we have is of upmost importance to our government and corporate clients and enables us to successfully place IPOs such as NMC Health even in challenging markets."

“Given the volatile nature of world markets, money managers continue to favour those firms that provide a full range of investment services and have multiple departments working closely together to serve the client’s needs,” said Thomas W Johnson, Institutional Investor’s managing editor for research.

“To determine which firms warrant recognition as a best brokerage, we identified those that rank in all three of our survey components – research, sales and trading – aggregated the scores and then ranked the firms accordingly. Deutsche Bank is the undisputed champion in emerging EMEA markets, having topped Institutional Investor’s 2012 Emerging-Markets Equity & Fixed-Income research, sales and trading teams.”

Emerging Markets’ Best Brokerages is based on results of the 2012 Emerging-Markets Equity & Fixed-Income Research Team survey, which reflects the opinions of 600 individuals at nearly 400 institutions globally managing an estimated $350 billion in emerging-markets equities and $126 billion in emerging-markets fixed-income assets; the Emerging-Markets Equity & Fixed-Income sales team, which is based on responses from participants at 87 per cent of those institutions; and the Emerging-Markets Equity & Fixed-Income trading team, which is based on responses from individuals at 68 per cent of those buy-side firms. – TradeArabia News Service