DAVY Stockbrokers remains dominant in Irish stockbroking, according to the 10th annual survey of fund managers by Finance magazine. The Bank of Ireland owned broker came first in 12 out of 20 qualitative rating categories, including best overall gilt dealing service and best overall equity dealing service.both categories, displacing Goodbody Stockbrokers, which came second in the same two categories last year. AIB owned Goodbody came third in the survey and Riada, part of ABN Amro, came fourth.
The survey estimated the brokers' shares of the market at 33.7 per cent for Davy, an increase of 2.8 per cent, and 24.4 per cent for NCB, up 1.7 per cent. Goodbody's share fell 2.7 per cent to 22.1 per cent while Riada's was up 1.6 per cent at 14.4 per cent.
Mr Jim O'Donovan, of NCB, was nominated top equity dealer for the 10th year in a row and Mr Jim O'Leary, of Davy, was nominated top economist for the eighth year running.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/VR3765MFOBH2NMV2QNICYDF67M.png)