The 2016 All-America Fixed-Income Research Team: Key Figures

The2016 All-America Fixed-Income Research Teamsurvey covers reporting on high-yield and investment-grade instruments and includes both individual- and team-based approaches. Here are some highlights from this year’s results.

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

•Harry Mateerof Barclays, Energy (IG), first place

•Bryan Huntof Wells Fargo Securities, Food & Beverages (HY), first place

•Gary Strombergof Barclays, Energy (HY), first place

•James Spicerof Wells Fargo Securities, Energy (HY), second place

•Todd Duvickof Wells Fargo Securities, Consumer Products (IG)

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

• Energy (HY) (winner:Gary Stromberg, Barclays)

• Energy (IG) (Harry Mateer, Barclays)

• Health Care (HY) (Larry Bland, Bank of America Merrill Lynch)

• Retailing (HY) (William Reuter, Bank of America Merrill Lynch)

• Cable & Satellite (HY) (Jason Kim, Goldman, Sachs & Co.)

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

• Energy (HY) (winner:Gary Stromberg, Barclays)

• Retailing (HY) (William Reuter, Bank of America Merrill Lynch)

• Health Care (HY) (Larry Bland, Bank of America Merrill Lynch)

• Cable & Satellite (HY) (Jason Kim, Goldman, Sachs & Co.)

• Telecommunications Services (HY) (Ana Goshko, Bank of America Merrill Lynch)

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

•Matthew Jozoff, Brian Ye & teamof J.P. Morgan, Residential Mortgage-Backed Securities Strategy/Agency

•Alan Todd & teamof Bank of America Merrill Lynch, Commercial Mortgage-Backed Securities Strategy

•Matthew Jozoff, Alex Roever & teamof J.P. Morgan, Fixed-Income Strategy

•Peter Acciavatti & teamof J.P. Morgan, High-Yield Strategy

•Jan Hatzius & teamof Goldman, Sachs & Co., Economics

最受欢迎的团队部门(以怒mber of voters*):

• Fixed-Income Strategy (winner:Matthew Jozoff, Alex Roever & team, J.P. Morgan)

• Economics (Jan Hatzius & team, Goldman, Sachs & Co.)

• U.S. Rates Strategy (David Ader & Ian Lyngen, CRT Capital Group)

• High-Yield Strategy (Peter Acciavatti & team, J.P. Morgan)

• Commercial Mortgage-Backed Securities Strategy (Alan Todd & team, Bank of America Merrill Lynch)

最受欢迎的团队部门(以怒mber of votes*):

• Fixed-Income Strategy (winner:Matthew Jozoff, Alex Roever & team, J.P. Morgan)

• Economics (Jan Hatzius & team, Goldman, Sachs & Co.)

• U.S. Rates Strategy (David Ader & Ian Lyngen, CRT Capital Group)

• High-Yield Strategy (Peter Acciavatti & team, J.P. Morgan)

• Commercial Mortgage-Backed Securities Strategy (Alan Todd & team, Bank of America Merrill Lynch)

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

Nine researchers are champions in the following sectors for the first time:

•Susan Berlinerof J.P. Morgan, Gaming & Lodging (HY)

•S. Karl Blundenof Goldman, Sachs & Co., Basic Industries (IG)

•Mark Hammondof Bank of America Merrill Lynch, Financials (HY)

•J. Davis Hebertof Wells Fargo Securities, Broadcasting & Publishing (HY)

•Brian Jacobyof Goldman, Sachs & Co., Transportation (IG)

•Douglas Karsonof Bank of America Merrill Lynch, Autos & Auto Parts (IG)

•James Streckerof Wells Fargo Securities, Nonbank Financials (IG)

•Calvin Tseand his Morgan Stanley teammates, Currency/Foreign Exchange

•Scott Wippermanof Goldman, Sachs & Co., Telecommunications Services (IG)

Ten individuals finish in first place in more than one sector:

•Susan Berlinerof J.P. Morgan

— Building (HY)

— Gaming & Lodging (HY)

•Todd Duvickof Wells Fargo Securities

— Consumer Products (IG)

— Retailing (IG)

•Ana Goshkoof Bank of America Merrill Lynch

— Technology (HY)

— Telecommunications Services (HY)

•Brian Jacobyof Goldman, Sachs & Co.

— Aerospace & Defense (IG)

— Transportation (IG)

— Also ranks second in Autos & Auto Parts (IG) and third in Autos & Auto Parts (HY) and Manufacturing (IG)

•Douglas Karsonof Bank of America Merrill Lynch

— Autos & Auto Parts (HY)

— Autos & Auto Parts (IG)

— Manufacturing (IG)

— Also ranks third in Aerospace & Defense (IG)

•Peter Quinnof Bank of America Merrill Lynch

— Electric Utilities (HY)

— Electric Utilities (IG)

•Manish Somaiyaof Citi

— Manufacturing/General Industrials (HY)

— Services (HY)

— Also ranks second in Autos & Auto Parts (HY)

•Roger Spitzof Bank of America Merrill Lynch

— Chemicals (HY)

— Paper & Packaging (HY)

•James Streckerof Wells Fargo Securities

— Banks (IG)

— Nonbank Financials (IG)

•Scott Wippermanof Goldman, Sachs & Co.

— Technology (IG)

— Telecommunications Services (IG)

— Also ranks second in Media & Entertainment (IG)

Seven other individuals top one sector while also ranking in at least one other:

•J. Nicole Black Skinnerof Wells Fargo Securities

— Media & Entertainment (IG), first place

— Technology (IG), second place

— Telecommunications Services (IG), second place

•J. Davis Hebertof Wells Fargo Securities

— Broadcasting & Publishing (HY), first place

— Cable & Satellite (HY), runner-up

— Telecommunications Services (HY), third place

•M. Grant Jordanof Wells Fargo Securities

— Consumer Products (HY), first place

— Retailing (HY), third place

•Jason Kimof Goldman, Sachs & Co.

— Cable & Satellite (HY), first place

— Telecommunications Services (HY), second place

•Harry Mateerof Barclays

— Basic Industries (IG), second place

— Energy (IG), first place

•William Reuterof Bank of America Merrill Lynch

— Consumer Products (HY), runner-up

— Retailing (HY), first place

•Mark Streeterof J.P. Morgan

— Real Estate Investment Trusts (IG), second place

— Transportation (HY), first place

— Transportation (IG), second place

Six analysts oversee more than one top-ranked team:

•David Aderof CRT Capital Group

— Technical Analysis (withIan Lyngen)

— U.S. Rates Strategy (withIan Lyngen)

— Also oversees a runner-up team in Fixed-Income Strategy (withIan Lyngen)

•Eric Beinsteinof J.P. Morgan

— Credit Derivatives (withDominique Toublan)

— Investment-Grade Strategy

•Matthew Jozoffof J.P. Morgan

— Fixed-Income Strategy (withAlex Roever)

— Residential Mortgage-Backed Securities Strategy/Agency (withBrian Ye)

•Ian Lyngenof CRT Capital Group

— Technical Analysis (withDavid Ader)

— U.S. Rates Strategy (withDavid Ader)

— Also oversees a runner-up team in Fixed-Income Strategy (withDavid Ader)

•Alex Roeverof J.P. Morgan

— Fixed-Income Strategy (withMatthew Jozoff)

— Short-Duration Strategy (withTeresa Ho)

— Also directs the No. 3 team in U.S. Rates Strategy (withJohn [Jay] Barry)

•Brian Yeof J.P. Morgan

— Agency-Structured Products Strategy (withNicholas Maciunas)

— Prepayments Strategy

— Residential Mortgage-Backed Securities Strategy/Agency (withMatthew Jozoff)

一些分析师和团队领导人出现在the roster: 174

Number of firms they represent: 11

Number of analysts who meet the survey’s eligibility criteria: 292*

Number of firms they represent: 32*

Number of analysts making their first appearance on the team: 28 (the full list can be found here)

*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.

Number of participating buy-side individuals: 1,900

Number of participating buy-side institutions: 535

Total U.S.fixed-incomeassets under management of participating buy-side institutions: $9.7 trillion.

Note: This file was updated to correct an error in the list of Most popular analysts (as measured by number of votes cast).