Alonso Aramburú & team Santander second team Brian Chase & team J.P. Morgan
Alonso Aramburú, 37, is the “No. 1 analyst for the region,” attests one client. The New York–based researcher leads the Santander team to No. 1 for a second straight year; the trio has captured the top spot in nine of the past ten years. In 2008, Colombia’s broad market index outpaced Peru’s comparable benchmark by 28.9 percentage points, but in February the analysts told clients that the trend would reverse, with Peruvian stocks leading Colombian equities, primarily because of rising consumer spending in Peru. They were right. Through July the Peru Lima general index soared an eye-popping 104.1 percent, making Colombia’s broad market advance of 32.9 percent seem paltry by comparison.
In second place for a second year running is the six-member J.P. Morgan squad piloted by new team leader Brian Chase, who also directs the No. 2 team in Chile coverage. The Santiago-based analysts initiated coverage in April with an overweight rating on Pacific Rubiales Energy Corp., a Canadian company that operates oilfields throughout Colombia, on its imminent completion of several pipeline projects. The stock gushed ahead of Colombia’s broad market by 69.3 percentage points, through July. No team garnered sufficient votes to warrant publishing a third-place ranking.
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