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CREDENTIALS - UniCredit Group

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20<br />

RESEARCH<br />

Awards in 2010<br />

Credit Research/Global Economics & FI/FX Research<br />

• Euromoney Fixed Income Investors Poll 2010:<br />

Credit Research Teams:<br />

• #1 Covered Bonds & Pfandbriefe<br />

• #2 Supranational & Agencies<br />

• #3 Banks<br />

• #3 Autos<br />

• #4 Emerging Market Sovereigns<br />

• #5 Sovereigns<br />

• #5 TMT<br />

• #5 General Industries<br />

• #5 Utilities<br />

• #5 High Yield<br />

• Rybczynski Prize for the “The unbearable lightness of balance sheets: An analysis of the eurozone corporate sector” by<br />

Loredana Federico, Davide Stroppa and Marco Annunziata (Society of Business Economists)<br />

Equity Research<br />

• Thomson Reuters 2010 Starmine Analyst Awards<br />

• #1 Stock Picker Real Estate: Alexander Hodosi<br />

• #2 Estimator Healthcare: Silke Stegemann<br />

• #3 Estimator Chemicals: Andreas Heine<br />

• Thomson Reuters StarMine Top-ranked Brokers for 2010<br />

(based on period from Oct 2009 through 30 Sep 2010)<br />

• #2 DAX Recommendations<br />

• #3 MDAX Earnings Forecasts<br />

• #3 TecDAX Earnings Forecasts<br />

• #4 MDAX Recommendations<br />

• #4 SDAX Earnings Forecasts<br />

• Börsen-Zeitung “AktienAnalystenAward” (equity analyst award) 2010:<br />

• #1 category “Best Research House”<br />

• #1 category “Best Recommendations for Small/Mid Caps”<br />

• #3 category “Best Accuracy of Earnings Estimates for Small/Mid Caps”<br />

• Winner “Continuity Prize”<br />

• Category Best Recommendations by Sector – Small/Mid Caps<br />

• #1 “Automotive”<br />

• #1 “Media”<br />

• #2 “Consumer products”<br />

• #3 “Construction”<br />

• Category Best Recommendations by Sector – Large Caps (absolute)<br />

• #1 “Banks”<br />

• #1 “Technology”<br />

• #3 “Financial Services”<br />

• #3 in Institutional Investor All-Europe Survey for Italy

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