TIM Group's  Instablog

TIM Group
Send Message
TIM Group operates the world's leading alpha capture platform and network. Our TIM Ideas software and services help investors achieve market-beating returns by connecting them with providers of investment insight. Our platform filters and evaluates brokers’ trade ideas and presents them to... More
  • TIM Group Announces Top Performing Brokerage Firms And Salespeople In North America 0 comments
    Mar 18, 2014 11:55 AM

    TIM Group Announces Top Performing Brokerage Firms and Salespeople in North America

    TIM Ideas Top Performer Awards
    LONDON, 12 March 2014 -- TIM Group has announced the North America 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: Piper Jaffray

    · Top salesperson: Chung Kim, CIBC World Markets

    The TIM Ideas Top Performer Awards, are now in their third year and are the only quantitative rankings of equity salespeople. The awards recognize 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

    Credit Suisse

    3

    Barclays Capital

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

    The top ten salespeople with the best overall idea performance

    Rank

    Author

    Company

    1

    Chung Kim

    CIBC World Markets

    2

    Jason Melbourne

    Canaccord Genuity

    3

    Paul Edwards

    Piper Jaffray

    4

    Jeff Shanta

    Cormark Securities

    5

    Jim Klepper

    Stephens Inc

    6

    Jim Zavoral

    Craig-Hallum

    7

    Kevin Williams

    Cormark Securities

    8

    Jon Moscou

    Miller Tabak

    9

    Tyson Ester

    JMP Securities

    10

    Pascal Besman

    JMP Securities

    The top performing brokerages in each of ten sector specialties

    Sector

    Company

    Basic Materials

    Northcoast Research

    Consumer Cyclicals

    Northcoast Research

    Consumer Non-Cyclicals

    Credit Suisse

    Energy

    Credit Suisse

    Financials

    Renaissance Macro Research

    Healthcare

    Dougherty & Co

    Industrials

    Stephens Inc

    Technology

    Dougherty & Co

    Telecommunications

    UBS Investment Bank

    Utilities

    Scotia Capital Inc

    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 five ideas 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 for the 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 lower levels 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 and accepted 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.

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

Back To TIM Group's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »

StockTalks

More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.