Business Wire | Oct 21, 2020 06:00AM EDT

Evercore ISI Recognized as the Top Ranked Independent Firm in U.S. Equity Research

Oct. 21, 2020

NEW YORK--(BUSINESS WIRE)--Oct. 21, 2020--For the seventh consecutive year, Evercore ISI was recognized as the top ranked independent research franchise in Institutional Investor's All-America Equity Research survey. Evercore ISI held its weighted #2 rank among all firms for analysts, a measure that applies the greatest weight to the highest ranked individuals in each category.

Ed Hyman, Evercore ISI's founder and Chairman, was awarded the #1 position in Economics, a recognition he has earned 40 times. David Raso, who covers Machinery, Engineering and Construction, was ranked #1 for the 20th time. In addition, Umer Raffat, Evercore ISI's Pharmaceuticals and Large-Cap Biotech analyst, was named to II's Hall of Fame having received ten #1 positions over the years. In all, Evercore ISI claimed a Firm record 39 individual positions and 36 team positions.

The 2020 All-America Research Team reflects the opinions of 3,667 investment professionals from almost 1,500 asset management firms and institutions, according to the magazine.

Ed Hyman said, "I am thrilled with the results of this year's survey and cannot thank our team enough for their hard work, creativity and dedication to our clients. I am honored to be part of this extraordinary team effort and thankful for the continued support of our clients."

Marc Harris, Evercore ISI Director of Research, added, "Each year, the market for research services becomes more competitive and this year was no exception. The need for research in a volatile and fast-paced environment is more important than ever, and our analysts were able to provide valuable insights to our institutional clients. Our team is steadfast in delivering the very highest quality independent thinking that aligns with our clients' needs."

CEO of Evercore ISI, Mike Paliotta, said, "I have consistently witnessed our team's commitment to independent thinking and excellence. Our success starts with great research content and is enhanced by our sales and trading teams, who add value through their strong relationships and deep client connectivity. We appreciate this client recognition and remain committed to making selective, strategic investments to continue our tradition of delivering the differentiated products and services that our clients expect of us."

"In a year marked by a global pandemic and an economic downturn, we are seeing increased demand for both our macro and fundamental research by not only our institutional investor clients, but also our corporate clients," said John Weinberg, Evercore's Co-Chairman and Co-Chief Executive Officer. "We thank our clients for this tremendous recognition and partnership."

Ralph Schlosstein, Evercore's Co-Chairman and Co-Chief Executive Officer, added, "Our independent, world class research capabilities add to our ability to best serve our corporate, institutional investor and high net worth clients in all market environments. We look forward to continuing to help them with their most important investment decisions."

First Team

Analyst Sector

Jonathan Chappell Shipping

Krishna Guha Washington Research

Ed Hyman Economics

Stephen Kim Homebuilders & Building Products

C.J. Muse Semiconductors & Semiconductor Capital Equipment

Umer Raffat Biotechnology/Large-Cap

Umer Raffat Pharmaceuticals/Major

Umer Raffat Pharmaceuticals/Specialty

David Raso Machinery, Engineering & Construction

Stephen Richardson Oil & Gas Exploration & Production

Richard Ross Technical Analysis

Josh Schimmer Biotechnology/Mid- & Small-Cap



Second Team

Analyst Sector

Dennis DeBusschere Equity-Linked Strategies

Dennis DeBusschere Portfolio Strategy

Thomas Gallagher Insurance/Life

Greg Melich Retailing/Broadlines & Hardlines

John Pancari Banks/Mid-Cap

Steve Sakwa REITs

Glenn Schorr Brokers, Asset Managers & Exchanges

Glenn Schorr Banks/Large-Cap

Doug Terreson Integrated Oil

Oil Services & EquipmentJames West

Third Team

Analyst

Sector

David Palmer

Restaurants

Duane Pfennigwerth

Airlines

Oscar Sloterbeck

Economics

Runner-Up

Analyst

Sector

Sarah Bianchi

Washington Research

Amit Daryanani

IT Hardware & Electronics Manufacturing Services

Dennis DeBusschere

Quantitative Research

Dennis DeBusschere

Thematic Research

Vijay Jayant

Media

Vijay Kumar

Life Science & Diagnostic Tools

Vijay Kumar

Medical Supplies & Devises

S. Kirk Materne III

Software

Chris McNally

Autos & Auto Parts

Robert Ottenstein

Beverage, Household & Personal Care Products

Omar Saad

Retailing/Department Stores & Specialty Softlines

Josh Schimmer

Thematic Research

Oscar Sloterbeck

Thematic Research

David Togut

Payments, Processors & IT Service

About Evercore

Evercore (NYSE: EVR) is a premier global independent investment banking advisory firm. We are dedicated to helping our clients achieve superior results through trusted independent and innovative advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure. Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors. Founded in 1995, the Firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in the Americas, Europe, the Middle East and Asia. For more information, please visit www.evercore.com.

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CONTACT: Investor Contact: Hallie Elsner Miller Head of Investor Relations +1.917.386.7856 Business Contact: Marc Harris Evercore ISI Director of Research +1.212.653.9048 Media Contact: Dana Gorman Abernathy MacGregor, for Evercore +1.212.371.5999