THE
ENTRANCE OF TWO NEW PLAYERS DOES LITTLE TO DISTURB THE
ESTABLISHED ORDER
The
most noteworthy development this quarter is the appearance
of two new entrants to the tables. While Lazard Bros drops
out of the tables owing to its total number of stockmarket
clients falling below the market share limit needed for
inclusion, Williams de Broe Plc (48 listed company clients)
and Collins Stewart Ltd (46.5 clients) perform the opposite
manoeuvre, appearing at no. 13 and no. 14 respectively
in the rankings of firms with the largest number of listed
companies. There's no change at the top end of that table,
however, as UBS Warburg continues to rule the roost, its
three-figure client listings keeping it comfortably ahead
of second-placed Dresdner Kleinwort Wasserstein and third-placed
HSBC Investment Bank.
Warburgs
continues to dominate the other 'size' table, the rankings
of financial advisers by the profitability of their stockmarket
company clients. The remaining podium places are unchanged,
with HSBC still in second place ahead of Dresdner Kleinwort
Wasserstein.
Warburgs
strengthens its already-consistent showing in the 'growth'
tables, demonstrating once again why it's a deserved winner
of the overall award for most consistent performer. It
retains third place in the listing of firms with the fastest
growing clients, and gains a place to also finish third
in the ranking of firms whose clients boast the fastest
increasing earnings. In the fastest growing client tables,
Beeson Gregory puts in the strongest showing, jumping
five places to number one, while Brewin Dolphin retains
the top slot in the fastest increasing earnings stakes,
ahead of Investec Henderson Crosthwaite. The two newcomers,
Williams de Broe and Collins Stewart, stake their claims
to both 'growth' tables, featuring at 9th and 12th place
respectively in terms of fastest growing clients, and
10th and 14th place respectively in terms of clients with
the fastest increasing earnings.
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