TIM Group Announces Top Performing Brokerage Firms and Salespeople in Europe

  TIM Group Announces Top Performing Brokerage Firms and Salespeople in Europe

TIM Ideas Top Performer Awards

Business Wire

LONDON -- March 12, 2014

TIM Group has announced the European results of the TIM Ideas Top Performer
Awards 2013, identifying the best institutional equity salespeople and their
brokerage firms in the region.

  *Top bulge bracket brokerage firm: UBS Investment Bank
  *Top mid-size and boutique firm: Panmure Gordon & Co
  *Top salesperson: Diego Miranda of Fidentiis

The TIM Ideas Top Performer Awards, are now in their third year and are the
only quantitative rankings of equity salespeople. The awards recognise
consistent outperformance and are based on the alpha, or outperformance versus
relative indexes, of stock trading ideas authored by equity salespeople and
sent to their buy-side clients.

Trade ideas are specific, actionable recommendations, typically based on
in-house sell-side research combined with an understanding of market dynamics
and timing by the salesperson.

The top three bulge bracket brokerages with the best overall idea performance

Rank  Company
1      UBS Investment Bank
2      Barclays Capital
3      Credit Suisse

The top ten mid-size and boutique brokerages with the best overall idea
performance

Rank  Company
1      Panmure Gordon & Co
2      Cantor Fitzgerald
3      ABG Sundal Collier
4      Numis Securities Ltd
5      Jefferies
6      Commerzbank AG
7      Main First Bank AG
8      Espirito Santo
9      Equinet
10     Macquarie Group Ltd

The top ten salespeople with the best overall idea performance

Rank  Author              Company
1      Diego Miranda        Fidentiis
2      Alfonso Higuero      N+1 Equities
3      Tom Williams         Jefferies
4      Michael Seabrook     Panmure Gordon & Co
5      Nicholas Kennedy     Fidentiis
6      Conor Smith          Cantor Fitzgerald
7      Alfie Rowcliffe      Numis Securities
8      Ana Maria Spratley   BPI
9      Colin Orr            J.P. Morgan
10     Leighton Thomas      Canaccord Genuity

The top performing brokerages in each of ten sector specialties

Sector                  Company
Basic Materials          Main First Bank AG
Consumer Cyclicals       Barclays Capital
Consumer Non-Cyclicals   ABG Sundal Collier
Energy                   ABG Sundal Collier
Financials               Barclays Capital
Healthcare               Vontobel Holdings
Industrials              ABG Sundal Collier
Technology               Main First Bank AG
Telecommunications       J.P. Morgan
Utilities                UBS Investment Bank

See results for all regions on our website:
www.timgroup.com/top-performer-results-2013

Methodology

Our Top Performer Awards are based on an analysis of the alpha generating
performance of almost a million long and short equity trading ideas sent to
clients in 2013 via the TIM Ideas Equities platform.

Performance is measured by the average relative return, per idea, from the
time it was initiated to the time it was closed, versus the performance of the
relevant regional or sector benchmarks, during that same period.

For the regional awards these benchmarks are S&P 500 for North America, STOXX
600 for Europe, MSCI AC for Asia (ex Japan), TOPIX for Japan and ASX300 for
Australia and New Zealand. For the sector awards we use the relevant MSCI
sector benchmarks.

ETFs or index ideas are excluded.

We ignore investment amounts and calculate an idea's performance as the
percentage difference between close price and dividend-adjusted open price.

Average return over all ideas is combined with a scaling factor which rewards
individuals or firms who perform consistently well and have entered a
relatively high number of ideas.

Eligibility

In order to qualify for a top performing sales person award in 2013, an
individual contributor must have sent at least fiveideas in each quarter and
have a positive average relative return.

For a firm to be eligible for the top performing brokerage rankings, there
must have been at least five contributors who qualify forthe salesperson
award at that firm.

For the sector awards there must have been at least one qualifying contributor
at the firm. The level of required contribution was dependent on the sector.
Where these criteria returned empty positions, we reserved the right to
include authors with lowerlevels of activity.

We only ran sector awards for the North America and Europe regions.

Salespeople and brokerages were only eligible to be ranked in any category if
they agreed to participate in the awards andaccepted the publicity associated
with their publication.

Definitions

TIM Group regards the following firms as 'bulge-bracket brokerages':

  *Bank of America Merrill Lynch
  *Barclays Capital
  *Citigroup
  *Credit Suisse
  *Deutsche Bank
  *Goldman Sachs
  *J.P. Morgan
  *Morgan Stanley
  *UBS Securities

TIM Group considers that all brokerages outside of the above are 'mid-size or
boutique brokerages'.

About TIM Group

TIM Group (www.timgroup.com) operates the world’s leading alpha capture
platform and network. Our TIM Ideas software and services help investors
achieve market-beating returns by filtering and evaluating brokers’ trade
ideas and presenting them to institutional investors in a structured,
efficient and transparent format.

Our network serves 4000 sell-side brokers, from 300 brokerage firms and 350
buy-side firms. We are committed to continually building a community and
developing products that serve financial professionals across the globe. We
have four offices on three continents and clients in 40 countries.

TIM Group is a private limited company, founded in 2002. It is employee owned
with outside venture capital investors that include Commonwealth Capital
Ventures of Boston, GrandBanks Capital of Boston, and Relay Ventures of
Toronto.

Contact:

TIM Group
Natalie Hall, Marketing Manager
+44 (0) 20 7826 4308
natalie.hall@timgroup.com
or
O2
Matt Yemma
+1 212 600 0886
matt@o2group.com
 
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