C.A. Cheuvreux retains best sustainability research gong in Thomson Reuters Extel awards

Crédit Agricole arm named leading pan-European brokerage for SRI research

French brokerage house C.A Cheuvreux, part of the Crédit Agricole group, has retained the Thomson Reuters Extel Survey Awards for best pan-European SRI and sustainability research house.
Bank of America Securities – Merrill Lynch, 11th in 2010, was second and HSBC (2010: 4th) came in third. The Merrill Lynch team featured the top-ranked team of Valéry Lucas-Leclin and Sarbjit Nahal who were recruited from Société Générale a year ago. SG slipped from third to sixth.

Among new entrants to the top 25 were ESN Partnership in 12th place and Bloomberg New Energy Finance at 21st; Germany’s Oekom Research was also new to the list at 25th.
Oddo Securities was named top brokerage for corporate governance research, with Cheuvreux and ESN second and third respectively.
HSBC topped the integrated climate change research category, ahead of Citi and Cheuvreux. HSBC also ranked first in renewable energy, ahead of Merrill Lynch and UBS.
The leading pan-European fund management firm was named as JP Morgan Asset Management.
The 38th annual awards were announced in London yesterday. It reflects mostly online voting of over 2,250 buyside firms, 2,500 analysts from 240 brokerage firms/research houses and nearly 750 of Europe’s largest quoted companies.The full SRI and sustainability list is:

1. CA Cheuvreux
2. Bank of America Securities – Merrill Lynch
3. HSBC
4. Citi
5. UBS
6. Société Générale
7. Oddo Securities
8. Goldman Sachs
9. Natixis
10. Macquarie Securities Group
11. CLSA Asia-Pacific Markets
12. ESN Partnership
13. Barclays Capital
14. Morgan Stanley
15. WestLB
16. Deutsche Bank
17. Credit Suisse Securities
18. Jefferies International
19. Nomura Securities
20. UniCredit21
21. Bloomberg New Energy Finance
22. Landesbank Baden-Württemberg
23. Redburn Partners
24. Exane BNP Paribas
25. Oekom Research