Sandeep Deshpande & team J.P. Morgan Cazenove
The buy side says: “Sandeep got us ahead of both the curve and the macro noise.”
Sandeep Deshpande, 40, leads the two-member J.P. Morgan Cazenove team to a second consecutive first-place finish; this is the fourth time in the past six years that the firm has landed on top. Clients continue to profit from the pair’s overweight rating on ASML Holding, first recommended back in 2008 and highlighted repeatedly since — most recently in July, at €23.94, on the strength of the Veldhoven, Netherlands–based semiconductor-equipment maker’s continuing growth prospects. By late December the stock had climbed 20.7 percent since the reiteration, to €28.90, and bested the broad market by 10.7 percentage points. The analysts are highly valued for their “relentless reappraisal of the global potential of Europe’s semiconductor names,” declares one money manager. Adds another: “Sandeep’s team has the best fundamentals-based approach of anyone covering the sector, and I appreciate their insight into the trading environment.”
