CITI AMONG HIGHEST RANKED IN II EMERGING MARKET INVESTOR SURVEY
(The following press release from Citigroup was received by e-mail. The sender verified the statement.)
For Immediate Release Citigroup Inc. (NYSE: C) 8 June 2012
Citi soars in the Institutional Investor Emerging Market Investor Survey
London.... Citi today underlined its position as a leader in Emerging Markets Research, Sales and Trading as the Bank was named among the highest ranked firms in the 2012 Institutional Investor Emerging EMEA survey.
In the research portion of the survey, Citi was ranked number one in seven sectors including Metals and Mining, Chemicals, Construction and Engineering, Consumer and Financials. The Country and Strategy teams were ranked in first place for their research in Emerging Market strategy and the Middle East and Africa. Citi was ranked in 2nd place for sales in the region overall, demonstrating the progress made by the franchise.
Rhys Summerton, Head of Emerging Market Equity Research said, "We're delighted to achieve this leading position in CEEMEA research. The surge in position is a reflection of the importance we place on our research effort and the investment made since 2010. Client satisfaction is the most important endorsement for us and we will continue to serve and advise our clients to the highest standard especially during these volatile and challenging market conditions."