Vale, Cielo and Kroton Educacional Earn Highest Marks in Sixth Annual Analyst-Perception Survey
NEW YORK, NY--(Marketwired - Sep 1, 2015) - Brazilian companies dominate the 2015 Latin America Executive Team, Institutional Investor's exclusive annual ranking of the region's corporate leaders as seen through the eyes of investment professionals, capturing the top six spots on the roster:
1. Vale, a diversified mining
2. Cielo, a credit card payments processor;
3. Kroton Educacional, a provider of educational services;
4. Ultrapar Participações, a fuel distributor and specialty chemicals manufacturer;
5. Itaú Unibanco Holding, the largest financial conglomerate in Latin America; and
6. Localiza Rent a Car.
Complete survey results can be found at www.institutionalinvestor.com/rankings.
The highest-ranked company not headquartered in Brazil is Mexico's Cemex, a building materials manufacturer, which comes in at No. 7.
Each of these companies also earns a place in II's inaugural ranking of Latin America's Best Analyst Days.
Institutional Investor asked portfolio managers and sell-side analysts to name the best CEOs, CFOs and investor relations professionals at the Latin American companies they cover, and to evaluate these businesses on their performance in each of eight IR attributes, including accessibility of senior managements, quality and depth of answers to inquiries, transparency of financial reporting and disclosure, and so on. Buy- and sell-side responses are tabulated separately to produce two distinct rankings for each of the four categories (Best CEO, Best CFO, Best IR Professional and Best IR Company).
Survey results reflect the opinions of 535 buy-side analysts and money managers at more than 290 institutions that collectively manage an estimated $267 billion in Latin American equities and of 345 sell-side researchers at close to 50 firms.
For more information, please contact Michele Luthin at [email protected] or (212) 224-3360.
About Institutional Investor
Now entering its fifth decade, Institutional Investor has consistently distinguished itself among the world's foremost financial publications with groundbreaking journalism and incisive writing that provides essential intelligence for a global audience. In addition, Institutional Investor offers a host of proprietary research and rankings that serve as respected industry benchmarks. For more information visit www.institutionalinvestor.com.
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