In the 2026 results, UBS continues to lead, securing first place.

Extel (formerly Institutional Investor Research) has published the 2026 Australia and New Zealand Research Survey, with results reflecting independent feedback from 369 investors, portfolio managers and analysts across 201 firms.

Now in its second year, the survey highlights the leading sell-side equities research teams, recognised for delivering high-quality insights that support the provision, acquisition and consumption of research advisory services across the Australia and New Zealand equity markets.

Originally conducted as part of Extel’s long-running broader Asia (ex-Japan) annual survey, the second iteration of the standalone Australia and New Zealand survey saw an increase in the number of participating firms (7.5%) and individual voters (9%), cementing the increasingly influential role of ANZ markets within the global equity landscape. This survey covers 12 equity research sectors, providing a comprehensive view of research and advisory excellence in the region.

In the 2026 results, UBS continues to lead, securing first place (17 positions), followed closely by Barrenjoey and J.P. Morgan tied for second (16 positions each).

Macquarie placed fourth (13 positions), with Jefferies and Morgan Stanley ranking fifth (five positions each). The remainder of the top ranking firms saw BofA Securities and Jarden tie for seventh place (four positions each), Citi and Goldman Sachs tie for ninth (two positions each), and Evans & Partners and MST Financial tie for eleventh (one position each). Barrenjoey’s rise in the rankings this year was underpinned by a significant increase in first place rankings, converting a number of second and third place positions from 2025 into six first place sector rankings in 2026, the firm’s strongest performance in the survey to date.

Kieren Chidgey and Marcus Curley, Co-Heads of Global Research, UBS Australasia said: “We are delighted with this strong result in a very competitive survey. It is a meaningful recognition of the quality and breadth of UBS research that has been achieved in close collaboration with our distribution and corporate access colleagues. The past year has been especially dynamic for the Research business as we sought to help clients navigate complex markets through delivering timely, detailed, and relevant analysis.”

David Enticknap, CEO, Extel said: “The increasing engagement we’ve seen in the 2026 Australia & New Zealand survey reinforces the value of having dedicated, market-specific data for one of the world’s most competitive equity markets. Strong participation directly from buy-side voters ensures the results provide an accurate and trusted reflection of research quality across the region.”

The post UBSTops Extel’s 2026 ANZ Equity Research Survey, Barrenjoey and J.P. Morgan close behind appeared first on AdviserVoice.

UBS achieved positions in all 19 categories across the Research survey, with:

• 8 teams ranked 1st
• 6 teams ranked 2nd
• 2 teams ranked 3rd
• 3 teams as runners-up

Extel is the only survey of Australia & New Zealand financial institutions that includes the views of both domestic and international investors with half of the votes directly from client panel reviews.

Kieren Chidgey and Marcus Curley, Co-Heads of Research Australia & New Zealand at UBS, said: “Reflecting the feedback of over three hundred local and international investors, these results highlight the strength of our overall market standing with the breadth and momentum of our franchise evident in our Research team ranking across all 19 categories.”

Michael Hendrie, Head of Global Markets Australia & New Zealand at UBS, said: “To achieve this result in today’s competitive environment is a testament to the quality of our team and importance of a global organisation that connects clients across Markets, Research and Corporate Access. The culmination of all sectors comes together at the annual UBS Australasia Conference, one of the largest investor events of its kind in Australia.”

David Enticknap, CEO at Extel, said: “We were delighted with the response to our inaugural Australia and New Zealand survey of equities and corporate issuers. Long believing that the highly competitive Australian equities market deserved its own dedicated set of data, the interest that we have seen in the project has supported this belief. We have seen over 50% of the contributions direct from the buy-side from their panel votes, which brings a significant level of integrity to the data set. Our congratulations go to UBS for being the first firm to top the new ANZ table.”

The post UBS Tops Extel’s Inaugural Australia & New Zealand Research, Sales, Trading & Execution, and Corporate Access Rankings appeared first on AdviserVoice.