Morgan Stanley heads buy-side ECM rankings

Morgan Stanley has been voted the best investment bank for raising equity finance by fund managers in the Reuters Institutional Investor European Equities Investment Survey 2002.

Morgan Stanley received 20.42% of the vote with Goldman Sachs in second place with 16.75%. UBS Warburg was the highest ranked European bank in third place ahead of Deutsche Bank in fifth place. Merrill Lynch was in fourth place with 12.42% of the vote.

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