To select the members of our 2026 Europe Research Providers, Extel solicited the opinions of portfolio managers and analysts at institutions with major securities holdings in Europe. We received responses from over 5,908 investment professionals at more than 1,910 institutions.
Participants first rated their top firms in each sector on a scale from 1-5, and then separately rated individual analysts or economists/strategists at those firms to create two distinct results for each sector. A numerical score was produced by weighting each vote based on both the responding firm’s European equity commissions and their rating.
Using those scores, ranks are then determined. Firms/analysts are designated runners‐up when their scores came within 35 percent of the third-place scores.
The main leader’s tables include the industry, macro and thematic research sectors.
The individuals surveyed are kept confidential to ensure continuing cooperation. Voters are required to meet eligibility requirements, and winners must achieve a minimum vote count. All ballots are subject to review by the Research Operations Group.
June 16, 2026
The heady optimism of the past year in European equities gave way to some cold realities in 2026, according to the region’s top sell-side firms. 2026 began with a positive outlook towards European equities, supported by expectations of dovish central banks, regional fiscal stimulus, and receding trade headwinds, confirmed Sophie Warrick, head of EMEA equity research and global head of research client engagement at J.P. Morgan, but geopolitical uncertainties soon took over.
“The onset of the Iran war brought most of this to a halt, with commodity-driven inflation back in the picture and markets beginning to price rate hikes rather than cuts,” she said. “Indeed, the ECB recently raised policy rates.”
The Ones to Watch in European Research June 16, 2026
Methodology summary
Survey Information 