Luis Fañanas Martinez & team Deutsche Bank
The buy side says: “I appreciate the excellent small-cap coverage from the Deutsche Bank research team.”
Newcomer Luis Fañanas Martinez pilots the Deutsche Bank team, unranked since 2008, all the way to No. 1. The two-member, Madrid-based crew “provides us with a broad-based perspective on all the trends and early indicators, which leads to good investment ideas,” explains one buy-side supporter. Last July the analysts unveiled a model portfolio that included Basel, Switzerland–based Dufry Group, at Sf83.60, on the duty-free retailer’s expanding operations; Croda International, at 1,133p, on the British chemical company’s growing dividends and high reinvestment of capital; and Semperit Holding, at €28.08, citing rigorous cost-control measures and rapid dividend growth at the Vienna-based manufacturer of rubber gloves and hoses. By the end of the year, the shares had jumped 50.5 percent, to Sf125.80; 42.6 percent, to 1,616p; and 41 percent, to €39.59, respectively. During the same period the sector was up 16.3 percent. A 1995 graduate of Universidad Complutense de Madrid with a master’s degree in actuarial science, the 39-year-old Fañanas moved to Deutsche Bank in 2004 from Julius Baer, where he covered small- and midcap stocks.
