The 2016 Latin America Research Team: Key Facts and Figures

Here are some of the facts, figures and highlights of the 2016Latin America Research Team,亚博赞助欧冠’s annual ranking of the region’s leading sell-side analysts.

Most popular squads (as measured by number of votes cast):

•Pedro Leduc, Andrea Teixeira & teamof J.P. Morgan, Food & Beverages (first place)

•David Beker, Claudio Irigoyen & teamof Bank of America Merrill Lynch, Economics (first place)

•Carlos Constantini & teamof Itaú BBA, Brazil (first place)

•Domingos Falavina & teamof J.P. Morgan, Financials/Banks (first place)

•Ilan Goldfajn & teamof Itaú BBA, Economics (third place)

Most popular sectors (as measured by number of voters*):

• Economics (winner:David Beker, Claudio Irigoyen & team, Bank of America Merrill Lynch)

•巴西(Carlos Constantini & team, Itaú BBA)

• Financials/Banks (Domingos Falavina & team, J.P. Morgan)

• Equity Strategy (Guilherme Paiva & team, Morgan Stanley)

• Food & Beverages (Pedro Leduc, Andrea Teixeira & team, J.P. Morgan)

Most popular sectors (as measured by number of votes*):

• Economics (winner:David Beker, Claudio Irigoyen & team, Bank of America Merrill Lynch)

• Financials/Banks (Domingos Falavina & team, J.P. Morgan)

•巴西(Carlos Constantini & team, Itaú BBA)

• Food & Beverages (Pedro Leduc, Andrea Teixeira & team, J.P. Morgan)

• Retailing (Joaquín Ley, Thiago Capucci Macruz & team, Itaú BBA)

(*Survey participants may cite up to four analysts per sector.)

Five analysts oversee more than one top-ranked team:

•Ricardo Cavanaghof Itaú BBA

— Argentina

— Chile

— Also pilots a team that earns a runner-up spot for coverage of North Andean Countries

•Domingos Falavinaof J.P. Morgan

— Financials/Banks

— Financials/Nonbanks

•Claudio Irigoyenof Bank of America Merrill Lynch

— Economics (withDavid Beker)

— Sovereign Debt (withJane Brauer)

_ Also manages the No. 3 team in Local Markets Strategy (withDavid Beker)

•César Pérez-Novoaof BTG Pactual

— North Andean Countries (withAlonso Aramburú)

— Pulp & Paper (withLeonardo Correa)

— Also oversees the No. 2 teams in Chile (withAlonso Aramburú) and Metals & Mining (withLeonardo Correa)

•Andrea Teixeiraof J.P. Morgan

— Food & Beverages (withPedro Leduc)

— Health Care (withJoseph Giordano)

— Also directs the No. 2 team in Retailing

15个其他分析师领导人员,前一秒tor and rank in at least one other:

•Alonso Aramburúof BTG Pactual

— Argentina (withAndres Borenstein), third place

— Chile (withCésar Pérez-Novoa), second place

— Financials/Banks (withEduardo Rosman), runner-up

— Financials/Nonbanks (withEduardo Rosman), runner-up

— North Andean Countries (withCésar Pérez-Novoa), first place

•David Bekerof Bank of America Merrill Lynch

— Brazil (withFelipe Hirai), second place

— Economics (withClaudio Irigoyen), first place

— Local Markets Strategy (withClaudio Irigoyen), third place

•Gustavo Cambauvaof BTG Pactual

— Cement & Construction (withGordon Lee), first place

— Real Estate (withGordon Lee), third place

•Thiago Capucci Macruzof Itaú BBA

— Health Care, second place

— Retailing (withJoaquín Ley), first place

•Leonardo Correaof BTG Pactual

— Metals & Mining (withCésar Pérez-Novoa), second place

— Pulp & Paper (withCésar Pérez-Novoa), first place

•Sara Delfimof Bank of America Merrill Lynch

— Capital Goods (withMurilo Freiberger), first place

— Transportation (withRonald Epstein), runner-up

•Fernando Ferreiraof Bank of America Merrill Lynch

— Agribusiness (withIsabella Simonato), first place

— Food & Beverages (withIsabella Simonato), second place

•Adrian Huertaof J.P. Morgan

— Cement & Construction (withMarcelo Motta), second place

— Real Estate (withMarcelo Motta), first place

•Gordon Leeof BTG Pactual

— Cement & Construction (withGustavo Cambauva), first place

— Mexico (withClaudio Ferraz), runner-up

— Real Estate (withGustavo Cambauva), third place

•Frank McGannof Bank of America Merrill Lynch

— Oil, Gas & Petrochemicals (withVicente Falanga Neto), first place

— Argentina (withSebastian Rondeau), second place

•Marcelo Mottaof J.P. Morgan

— Cement & Construction (withAdrian Huerta), second place

— Real Estate (withAdrian Huerta), first place

•Guilherme Paivaof Morgan Stanley

— Argentina (withCesar Medina), runner-up

— Brazil, runner-up

— Equity Strategy, first place

•Carlos Peyrelongueof Bank of America Merrill Lynch

— Cement & Construction (withDaniel Gasparete), runner-up

— Equity Strategy (withFelipe Hirai), runner-up

— Mexico (withCarlos Capistran), first place

— North Andean Countries (withFrancisco Rodríguez), third place

— Real Estate (withDaniel Gasparete), runner-up

•Isabella Simonatoof Bank of America Merrill Lynch

— Agribusiness (withFernando Ferreira), first place

— Food & Beverages (withFernando Ferreira), second place

•Gregorio Tomassiof Itaú BBA

— Equity Strategy, runner-up

— Mexico, runner-up

— Technology, Media & Telecommunications (withSusana Salaru), first place

Three teams turn in their first sector-topping appearances:

•Ricardo Cavanagh & teamof Itaú BBA, Chile

•Joseph Giordano, Andrea Teixeira& teamof J.P. Morgan, Health Care

•Adrian Huerta, Marcelo Motta & teamof J.P. Morgan, Real Estate

Number of analysts who appear on the roster: 144

Number of firms they represent: 14

Number of analysts who meet the survey’s eligibility criteria: 301**

Number of firms they represent: 38*

Number of analysts making their first appearance on the team: 39 (the full list can be foundhere)

**Data regarding analysts and firms not appearing here are available from the Institutional Investor Research Group; for information please contact Esther Weisz at 212-224-3307 or eweisz@iiresearchgroup.com.

The 2016 Latin America Research Team is based on input from more than 900 representatives of some 450 institutions that manage an estimated $337 billion in Latin American equities and approximately $304 billion in Latin American debt.