EFG Hermes Pakistan, a subsidiary of EFG Hermes Holding, announced today that it has been named Best International Brokerage Firm in Pakistan for the first time in the 32nd annual Asiamoney Brokers Poll, Asia\u2019s chief equity research poll held today on Tuesday.<\/p>\n
The Firmalso ranked third in the Best Brokerages for Research, Best Brokerages for Sales, Best Brokerages for Corporate Access, and Best Brokerages for Executioncategories.<\/p>\n
The Asiamoney Brokers Poll is a voxpopuli poll that identifies the leading brokerage firms for equities research, sales, and trading in Asia.<\/p>\n
The Voters are institutional investors who represent fund management firms, wealth managers, hedge funds, pension funds, and insurance companies that trade in Asia. A total of 5,734 valid individual responses from 2,876 different institutions, including 462 hedge funds were received.<\/p>\n
\u201cThe recognition that the team in Pakistan has garnered in the Asiamoney Brokers Poll is a true testament to the kind of foothold that EFG Hermes has been able to attain outside of our core MENA marketsand highlightsthe Firm\u2019s unrivaled frontier market offering,\u201d said Ali Khalpey, CEO of EFG Hermes Frontier. \u201cIt is an honor to be distinguished for our hard work by our clients in Asia, and we are excited to continue exceeding their expectations with our service offering, as we work to be a positive partner for economic development in Pakistan and build further upon our presence in the region.\u201d<\/p>\n
In 2021, EFG Hermes maintained its first-place ranking in the Kenyan marketand increased its market share in Pakistan to 3.3%, due to higher foreign institutional executions. In December, the Firm\u2019s Investment Banking division successfully concluded advisory to TPG\u2019s Evercare Group on the sale of its 50% stake in Islamabad Diagnostic Centre to Integrated Diagnostics Holding for a total consideration of USD 72.35 million, marking EFG Hermes\u2019 first M&A transaction in Pakistan. In the upcoming years, the Firm is pursuing expansion in additional core Asia markets, in a path guided by the current clients\u2019 needs and market developments.<\/p>\n
\u201cWe are extremely proud of our team for being awarded these prestigious recognitions as a result of their rigorous commitment to offering world-class services and meeting our clients\u2019 ever-evolving needs,\u201dcommented Saad Iqbal, Head of Brokerage and Acting Chief Executive Officer of EFG HermesPakistan. \u201cWe are thrilled to have been voted for as the Best International Brokerage Firm \u2013 amongother recognitions \u2013 by our institutional clients, attesting to our position as the broker of choice in the Pakistani market.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
EFG Hermes Pakistan, a subsidiary of EFG Hermes Holding, announced today that it has been named Best International Brokerage Firm in Pakistan for the first time in the 32nd annual Asiamoney Brokers Poll, Asia\u2019s chief equity research poll held today on Tuesday. The Firmalso ranked third in the Best Brokerages for Research, Best Brokerages for […]<\/p>\n","protected":false},"author":8,"featured_media":5452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[138],"class_list":["post-5451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-pakistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/5451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=5451"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/5451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/5452"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=5451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=5451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=5451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}