Canada’s TopGun Analyst of the Year is Mario Mendonca of TD Securities for his work on banks and insurance issuers, according to data compiled by Brendan Wood International.
Teams on the rise
Bank of America Merrill Lynch had a two-year increase in market share of commissions. Nine team members are among the best in their sectors, including Glen Campbell, telecommunications and wireless, who doubles as director of research; Michael Jalonen, precious metals and diamonds; and Oscar Cabrera, base metals and minerals. The team now has 18 analysts. As has been the case in the past, a US bulge bracket firm that commits to Canada does well.
Peters & Co. continues to pursue a highly successful flight-to-quality strategy in the Energy Sector. Peters is increasing its market share across its products and services. Contributing to Peters’ brand and growth are TopGun analysts Jeff Fetterly and Jeff Martin.
National Bank Financial has taken a different path. While maintaining its position in research commissions this year, the firm has created an industry leading corporate research franchise. NBF now matches the industry leader, RBC, in the number of transactionally active corporations ranking its research in first place.
Canada’s TopGuns include:
Agriculture, chemicals and fertilizers: Jacob Bout of CIBC World Markets
Alternative energy: Matthew Ackman of Scotia Capital
Banks: Mario Mendonca of TD Securities
Base metals and minerals: Greg Barnes of TD Securities
Biotechnology, pharmaceuticals and healthcare: Doug Miehm of RBC Capital Markets
Consumer products and merchandising: Perry Caicco of CIBC World Markets
Diversified financials: Geoff Kwan of RBC Capital Markets
High tech: Richard Tse Cormark Securities
Industrial products: Ben Cherniavsky of Raymond James
Insurance: Mario Mendonca of TD Securities
Media: Drew McReynolds of RBC Capital Markets
Oil and gas, equipment and services: Jeff Fetterly of Peters & Co.
Oil and gas, high payout: Patrick Bryden of Scotia Capital
Oil and gas, large cap: Randy Ollenberger of BMO Capital Markets
Oil and gas, small to mid cap: Jeff Martin of Peters & Co.
Precious metals and diamonds, large cap: Tanya Jakusconek of Scotia Capital
Precious metals and diamonds, small to mid cap: Andrew Kaip of BMO Capital Markets
Pulp, paper and forest products: Daryl Swetlishoff of Raymond James
Real estate, REITS and hospitality: Neil Downey of RBC Capital Markets
Telecommunications and wireless: Dvai Ghose of Canaccord Genuity
Transportation: Walter Spracklin of RBC Capital Markets
Utilities: Matthew Akman of Scotia Capital
Economics: John Aitkens of TD Securities
Index analysis: Peter Haynes of TD Securities
Portfolio strategy: John Aitkens of TD Securities
Quantitative analysis: Mark Deriet of Cormark Securities
SmCap/SpSits: Sarah Hughes of Cormark Securities
Technical analysis: Mark Deriet of Cormark Securities
Typically the top three analysts in sector obtain TopGun status. The names above are the first placed TopGuns.
Brendan Wood advises corporations, broker dealers, investment banks and money managers on strategy, brands and execution performance particularly in the capital markets worldwide.