RCS - Extel Insights UK Ld - Investec Tops 2026 Extel UK SMID Brokers Rankings

Peel Hunt

Tue 07:00

RNS Number : 3745I
  
Extel Insights UK Limited
  
16 June 2026
  
 


Investec tops 2026 Extel UK Small & Mid-Cap Brokers Rankings
for a fourth consecutive year
 
Investec's Julian Yates named number one rated analyst overall
for third consecutive year
 
London, 16 June 2026 - Extel, the leading provider of market sentiment in the financial industry, has today announced the results of its 2026 UK Small & Mid-Cap (SMID) Brokers Rankings, with Investec retaining the top position as the UK's leading SMID broker for a fourth consecutive year. Investec's Julian Yates kept his position as the number one rated analyst overall for a third year in a row.
 
The full results can be accessed here: www.extelinsights.com/results/uk-small-mid-cap-brokers
 
Top UK SMID Brokers 2026
 




Rank


Firm


Change versus 2025




1.


Investec


-




2.


Peel Hunt


▲ from 3




3.


Deutsche


▼ from 2




4.


Panmure Liberum


▲ from 5




5.


Berenberg


▼ from 4




 
Top UK SMID Analysts 2026
 




Rank


Analyst


Firm


Change versus 2025




1.


Julian Yates


Investec


-




2.


Roger Phillips


Investec


▲ (up from 4)




3.


Damindu Jayaweera


Peel Hunt


▲ (up from 18)




 
Julian Yates (Investec) retained the top spot for a third consecutive year,
Damindu Jayaweera (Peel Hunt) rising sharply into the top three from 18th previously.
 
#1 Ranked Analysts by Sector 2026
 






Sector


Name


Firm


Change versus 2025






Capital Goods


Richard Paige


Deutsche


▲ (up from 4)




Construction & Building Materials


Aynsley Lammin


Investec


▲ (up from 3)




Consumer & Retail


Kate Calvert


Investec


-




Financials


Gary Greenwood


Shore Capital


▲ (up from 4)




Healthcare


Charles Hall


Peel Hunt


▲ (up from 3)




Investment Trusts


Matthew Hose
 


Jefferies


-




Media


Jessica Pok


Peel Hunt


▲ (up from 4)




Support Services


Michael Donnelly       


Investec


-




Technology


Julian Yates


Investec


-




 
 
Extel's rankings are based on independent, anonymised feedback from the buy-side, sell-side and corporate issuers. The 2026 UK Small & Mid-Cap results reflect the opinions of 248 portfolio managers and analysts across 186 participating institutions.  
Their feedback plays a crucial role in the capital market ecosystem, with the insight derived key to the annual performance reviews and strategy of the sell side, corporates and buy side across the City.
 
The UK SMID Brokers Rankings are one of Extel's annual programme of independent market surveys, spanning multiple regions across North America, Latin America, Europe and Asia-Pacific. These surveys cover both sides of the investment ecosystem, including sell-side research providers, trading and corporate access functions, and corporate executive teams and investor relations performance.
 
David Enticknap, CEO of Extel, said: "This year's results underline both the resilience and the ongoing evolution of the UK small and mid-cap broker landscape. The rankings reflect a market consolidating around a group of high-performing firms, with Investec maintaining a clear leadership position and Peel Hunt continuing to build momentum.
 
"The broader backdrop for UK equity research remains shaped by structural change. The impact of MiFID II on research economics is still being negatively felt across the market. We believe, however, based on our discussions with market participants, recent Government initiatives to improve access to equity research, particularly for smaller companies, are beginning to play an important role in supporting coverage and engagement.
 
"In that context, benchmarking excellence through independent, anonymised feedback has never been more important. These rankings are not a popularity contest. They are rooted in detailed qualitative assessments from active market participants, with the published league tables simply reflecting that underlying insight."
 
Jonathan Arrowsmith, Head of Investment Banking at Investec, commented:
"We are pleased to be recognised across many categories once again by Extel, an independent survey that understands the small and mid-cap market. Securing Best UK SMID Broker for the fourth consecutive year reflects the strength, consistency and focus of our team. It is also a clear signal that high-quality and differentiated research continues to matter, especially for UK small and mid-cap companies, where engagement is starting to rebuild. Investec remains firmly committed to supporting clients and companies at the heart of the UK market."
 
Andrew Whitney, Head of Research at Investec, added:
"Extel's recognition of Investec as Best UK SMID Broker, with Investec teams ranked top two in seven of the nine industry categories and nine Investec analysts ranked top three, reflects the depth of expertise across the platform. The move to first place in Construction & Building Materials and Support Services is particularly encouraging, alongside continued first-place rankings in Consumer & Retail and Technology. Investec remains well positioned for the years ahead and is committed to maintaining its central role in the UK plc story."
 
ENDS
 
 
For further information, please contact:
 




SEC Newgate








Robin Tozer, Bob Huxford


extel@secnewgate.co.uk




 




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