NEW YORK & LONDON–( December 17, 2012) –
Ranks Best Performing Institutional Equity Sales People & Their Brokerage Firms
TIM Group today announced details regarding its second annual 2012 TIM Ideas Top Performer Awards, which rank the best institutional equity sales people in the world. Results will be announced late February-early March 2013.
New for 2012
Equity sales people will be ranked in five major regions — North America, UK/Europe, Asia (ex Japan), Japan and Australia.
Overall firm performance of brokerages will be ranked for the first time, across all five regions
TIM Ideas Top Performer Awards is the only quantitative ranking of its kind. It is based on the alpha, or out performance, of regulatory compliant stock trading ideas authored by equity sales and sent to their money manager clients via the TIM Ideas platform. Over the past year, approximately 4,000 contributors, from 300 brokerage firms around the world, have sent ideas to 350 clients via the platform.
Trade ideas are specific, actionable recommendations, which typically combine in-house research with the understanding of market dynamics and timing by the sales people.
“While research analysts get the lion’s share of industry attention, equity sales people are the critical link in generating value added commission by applying their firm’s services and informational resources for the unique style of each institutional client,” said Colin Berthoud, Co-founder of TIM Group.
In 2011 the top performing sales people in both North America and Europe beat the market by 42% on an average annualised basis.
2012 Award Categories
Top 10 salespeople in each region with the best overall idea performance.
Top 3 bulge bracket brokerages with the best overall idea performance in each region.
Top 5 mid-tier and boutique brokerages with the best overall idea performance in each region.
Top performing brokerages in each of 10 sector specialties in North America and Europe.
Results will be based on the alpha generating performance of almost a million long and short equity trading ideas sent to clients via the TIM Ideas platform in 2012.
Performance is measured by the average 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 for that same period.
Regional award benchmarks will be S&P 500 for North America, STOXX 600 for Europe, MSCI AC for Asia (ex Japan), TOPIX for Japan and ASX300 for Australia.
For the sector awards for North American and European brokerage firms, the benchmarks will be the relevant MSCI sector benchmarks.
In order to qualify, an equity sales person must have sent at least five trade ideas in each quarter of 2012. ETFs and index ideas will be excluded.
For the sector awards, there must be at least one qualifying contributor. The level of required contribution depends on the sector.
For the firm level awards, there must be at least three qualifying authors at the firm to be eligible.
Authors need to have a positive average relative return in order to win an award.
About TIM Group
TIM Group (www.timgroup.com) provides alpha generating information technology, consulting and services to the financial services industry. The company’s focus is on helping buy and sell-side firms and administrators maximize their intellectual property to generate more revenue. TIM Group is employee owned with outside venture capital investors that include Commonwealth Capital Ventures of Boston, GrandBanks Capital of Boston, and JLA Ventures of Toronto.
Natalie Hall, +44 (0) 20 7826 4308
Anreder & Co.
Michael Shallo, +1 (212) 532 3232