Broker rankings for 2016 revealed in IR Magazine report
Bank of America Merrill Lynch has maintained its position as the broker companies are most likely to go on the road with, according to the soon-to-be-released IR Magazine Global Roadshow Report 2016, which is based on a survey of more than 700 IR professionals.
Almost a third (31.1 percent) of respondents surveyed say they went on a roadshow with Bank of America Merrill Lynch in the past 12 months, down from 32.2 percent in 2015.
The general trend is for the most popular brokers to see a drop in the number of companies using their services, with all those in the top 10 list experiencing a reduction on last year.
Most used brokers by region
As roadshow activity has increased among North American companies, so has the number of these respondents using the top brokers for roadshows. Each of the top five most-used brokers by North American firms has seen an increase on its 2015 figures.
The opposite has happened in Europe: as roadshow activity has declined at European companies, every one of the top five most used brokers by European companies has seen a fall in the percentage of companies using their services.
Bank of America Merrill Lynch takes top spot in Asia, with a slight increase in the percentage of Asian respondents going on roadshows with it in the past 12 months.
Read the full report in the Winter 2016 print issue of IR Magazine.