Financial News

Davy Research wins international investors award for sixth straight year

By Business & Finance
04 February 2014
Barry Dixon
Barry Dixon, head of Research at Davy.

Davy Research has been voted the no.1 Equity Research Team in Ireland in the prestigious Institutional Investor All-Europe Research Team 2014 survey.

The 29th annual All-Europe Research Team results reflect the opinions of some 2,200 money managers at more than 800 institutions managing an estimated $6 trillion in European equities.

Institutional Investor magazine, which is now in its fifth decade, is one of the world’s foremost international financial publications with a global circulation of 115,000.

Barry Dixon and team at Davy Research was in first place in the ‘Western European Countries – Ireland’ category. It is six straight years at no. 1 for the Davy Research team which has expanded its coverage beyond Ireland – mostly within Europe – to follow around 110 companies.

“Irish corporates have become much more international,” comments Barry Dixon, head of Research at Davy. “They now compare themselves to their international peers, and they expect us to do likewise. The result also reflects the increased level of corporate activity in which Davy was involved in last year, including the flotation’s of Green REIT, Game Account Network and Mincon, the sale of the Irish government’s preference shares in Bank of Ireland and the restructuring of Independent News & Media.

“We are delighted to receive this award. The annual Institutional Investor survey polls widely across Europe’s largest institutional investors which makes it an important benchmark for the investment community,”  he said.