Carlos Peyrelongue, Guilherme Vilazante & team Bank of America Merrill Lynch First-place appearances: 0

Total appearances: 2

Team debut: 2013 Carlos Peyrelongue and Guilherme Vilazante shepherd their Bank of America Merrill Lynch troupe to a repeat No. 3 finish on this lineup. Working out of Mexico City and São Paulo, respectively, they also steer this six-strong squad to second place in Cement & Construction. In addition, Peyrelongue also co-captains, with Carlos Capistran, the top-ranked team in Mexico coverage; with Francisco Rodríguez, he directs a group that wins a runner-up position for its reporting on North Andean Countries. Their real estate crew follows 14 regional names and stands out for “guiding investors through the do’s and don’ts of the Mexican FIBRAs, with in-depth analyses of the market dynamics and each player,” in the words of one fund manager. One such fideicomiso de infraestructura en bienes raíces — or Mexican real estate investment trust — the analysts recommend buying is TF Administradora Industrial, whose holdings focus on banks and industrial properties. They began tracking the REIT in October with a favorable outlook thanks to its high dividend yield and sizable land reserves. By late July, TF Administradora’s stock had surged 22 percent, to 29.86 Mexican pesos, surpassing the sector by 18.7 percentage points. It remains preferred, with a price target of 31 pesos.