* BoA Merrill Lynch top pan-European equity brokerage
* JPMorgan voted best fund management firm
* GLG Partners wins leading hedge fund prize
By Clare Hutchison
LONDON, June 17 Bank of America Merrill Lynch
was named top pan-European equity brokerage for a second
straight year at the annual Thomson Reuters Extel Awards on
Tuesday, while JPMorgan Asset Management won best fund manager
for the fifth year in a row.
The awards, which were handed out in a ceremony at London's
Guild Hall, are significant badges of honour in the industry as
they are based on the votes of thousands of industry insiders.
Strong votes can secure bragging rights for winning firms
and, for highly rated individuals, can result in lucrative job
offers and pay rises.
In a repeat of 2013's results, Bank of America Merrill Lynch
scooped the prize for leading pan-European brokerage in equity
and equity-linked research, ahead of 12-time winner UBS
. Morgan Stanley remained in third place.
JPMorgan Asset Management was joined in the top
three in the best fund manager category by Wellington Management
and Fidelity Worldwide Investment, which last year placed fifth
and fourth respectively.
Among individual prize winners was Andrew Wood of Sanford C.
Bernstein, who for the eighth consecutive year took home the
trophy for leading pan-European equity analyst.
JPMorgan Asset Management's Peter Lawrence reclaimed the
title of top fund management individual from Philip Guest of UBS
Global Asset Management, who came second.
HSBC's Niels Pecriaux climbed nine places to finish
third in that category.
GLG Partners was for the second straight year named top
hedge fund, with Tudor Capital in second. Moore Capital
Management jumped from sixth to third.
The awards also cover companies' investor relations teams.
Germany's Deutsche Telekom took the top spot,
followed by Swiss drugmaker Roche and French media and
telecoms group Vivendi.
The Extel awards are based on a survey conducted by Thomson
Reuters between the end of March and early May. This year
attracted a record level of participation, with more than 16,000
individuals from around 6,300 brokerages, fund managers,
research houses and major European companies taking part.
WeConvene, a web-based platform that allows the investment
community access to companies, said on Monday it had agreed to
acquire Extel from Thomson Reuters in a deal expected
to close by the end of June. No financial details were
(Editing by David Holmes)