TIM reveals the brokers who picked the North America stocks that made 2017 an epic year for trading.19th July 2018
- Goldman Sachs topped the bulge bracket rankings in both firm and salesperson categories, with Henri Fink beating the market by 6.96%.
- Jim Zavoral at Craig Hallum climbed to the top of the rankings, from 7th place last year, with an outperformance of 9.34%.
- Craig Hallum were also number 1 mid-tier broker, followed by KBW.
- Globally, each idea submitted to the TIM platform yielded an average market outperformance of 0.15% in the first few days.
New York, 5th June 2018: TIM, operator of the leading global trade ideas network and alpha capture platform, has released North America results of their 2018 Top Performer Awards, based on performance during 2017.
Low interest rates, economic growth and corporate profit rises meant that equity markets in 2017 gained in almost every country. In North America the SPY index increased by an incredible 18.48%.
Arguably, this might have made calling out the stocks that would outperform the market even more of a challenge than usual. However, the brokers within the TIM community still managed to make 2017 the strongest year for alpha creation since 2013 and our Top Performer results highlight the very top performing equity salespeople and their firms.
Our awards, now in their sixth year, are a unique global ranking, recognising and quantifying top performing firms and individuals – those whose trade ideas have consistently outperformed relevant regional indexes over the last year. Rankings are based on a number of factors, with an emphasis on consistency – looking at overall performance against total number of ideas – rather than one or two exceptional ideas.
“We are delighted with the strong performance achieved by so many contributors to our trade ideas network”, comments Rich Koppel, TIM CEO. “We are grateful for the role they play in strengthening our network and driving its continued growth. Congratulations to all of our 2018 award winners.”
A full list of North America winners and also the Europe and APAC regional winners can be found on TIM’s website: www.timgroup.com/awards/latest/ as can information on the methodology and criteria used to compile the rankings: www.timgroup.com/awards.