Euromoney’s second annual Middle East Research poll was conducted online from Friday, May 2 until Wednesday, June 25 2008.
Investors were asked to rate named analysts and teams for the categories indicated. Scores were given in all categories in the ratio of 5:4:3:2:1 for first, second, third, fourth and fifth place nominations respectively. Scores were weighted as follows to take into account the size of funds under management
Holdings of Middle Eastern equity (excluding Turkey):
Greater than $250 million – weighted by factor of 7
Between $100 million and $249.99 million – weighted by a factor of 5
Between $50 million and $99.99 million – weighted by a factor of 3
Less than $50 million – weighting of unity
Holdings of Middle Eastern debt (excluding Turkey):
Greater than $250 million – weighted by factor of 7
Between $100 million and $249.99 million – weighted by a factor of 5
Between $50 million and $99.99 million – weighted by a factor of 3
Less than $50 million – weighting of unity
We received 188 valid replies in total. 187 voters gave equity holdings, and 28 gave debt holdings. Unfortunately it was found necessary to exclude an additional 47 replies because of irregularities in data provided or withheld by respondents. The principal reasons for exclusion were:
Yahoo/AOL-type email addresses given
People voting for just one person or one firm on the ballot
Insufficient voter contact details
Voting for one’s own firm as best in all categories