Benjamin Fidler & team Deutsche Bank
The buy side says: “They are able to see the forces working in the financial market and how they affect valuation.”
Leaping two spots to No. 1 is the Deutsche Bank trio headed by Benjamin Fidler, 40. The analysts provide “unique, in-depth research worldwide, and they are the only ones able to give you the cement price in the smallest village in Africa since 1920!” cheers one buy-sider. In January 2010 the team upgraded Safran from hold to buy, at €13.63, on the strength of the French aircraft-engine manufacturer’s margin expansion and a recovery of the aerospace aftermarket. The stock had soared 94.4 percent, to €26.50, by the end of last year and outdistanced the sector by 88.4 percentage points. A valuation-based upgrade from hold to buy on Meggitt in July 2009 continued to work well for clients; the British airspace gear maker’s shares surged 46.7 percent in 2010, from 252.29p to 370p. Fidler, who joined Deutsche in 2000 from Dresdner Kleinwort Benson, earned a master’s degree in biochemistry at Oxford University’s Exeter College in 1993. “Ben knows his sector better than anyone else in the space,” declares one booster.
