Bank of America Corp. has been voted as the best US sell-side research firm, ending JPMorgan Chase & Co.'s seven-year reign, according to the latest Institutional Investor survey. BofA occupied 49 positions in this year's leaders table, with analyst Craig Siegenthaler emerging as the best-ranked in covering brokers and exchanges. JPMorgan grabbed 46 spots in total, followed by Morgan Stanley with 44. Mike Wilson at Morgan Stanley was picked as the best portfolio strategist, while JPMorgan's Dubravko Lakos-Bujas was ranked No. 1 in quantitative research. Evercore ISI maintained its fourth spot, with its Chairman Ed Hyman voted as the top economist. The demand for high-quality research remains high despite a volatile economic backdrop. [d0b99375]
Institutional Investor has released the 2023/24 All-America Executive Team rankings, which recognize the best executives and investor relations teams across various sectors. The rankings are based on the opinions of over 3,700 asset managers and sell-side analysts who provided anonymous feedback. The winners include companies such as Ball Corp., JPMorgan Chase, Microsoft, Procter & Gamble, Tesla, and Walt Disney. The survey aims to highlight executives and teams that demonstrate strong financial performance, clear communication, trustworthiness, and reliability. Institutional Investor owns the copyright to the survey and awards logos and offers access to them for marketing purposes. [f91e5335]
BMO Global Asset Management (BMO GAM) received ten awards at the 2023 Canada LSEG Lipper Fund Awards, with six awards for BMO Exchange Traded Funds (BMO ETFs) and four awards for BMO Mutual Funds. The awards recognize funds and fund management firms that have consistently performed well compared to their peers. BMO GAM aims to be the best in the ETF business and will continue to create innovative solutions to help investors diversify and achieve financial progress. BMO Global Asset Management is a brand that includes BMO Asset Management Inc. and BMO Investments Inc. BMO Financial Group, the parent company, is the eighth largest bank in North America with a wide range of banking, wealth management, and investment services. [9dfe0a1b]