UBS Snaps Nomura's Winning Streak as Japan's Best Generalist Sales Team


NEW YORK, NY--(Marketwire - May 27, 2008) - In a tight race, UBS unseats longtime champ Nomura Securities Co. as the firm with the best generalist sales force in Japan, according to participants in Institutional Investor's 2008 All-Japan Sales Team survey. Nomura has held the No. 1 spot for the past four years. The survey is available today online at www.iimagazine.com.

UBS rises from second place to capture its first No.1 finish in the survey, now in its sixth year, while Nomura slips to second place. Goldman Sachs (Japan) and Nikko Citigroup rise one notch each, to third and fourth place, respectively, while Credit Suisse leaps three places to finish at No. 5.

The biggest gainer among the top 10 firms is Mitsubishi UFJ Securities Co., which vaults from No. 11 to No. 7. The firm was also named Japan's best sales force for small- and mid-cap equities in a separate Institutional Investor ranking.

The top 10 firms with the best generalist sales teams this year are:

1. UBS
2. Nomura Securities Co.
3. Goldman Sachs (Japan)
4. Nikko Citigroup
5. Credit Suisse
6. Merrill Lynch Japan Securities Co.
7. Mitsubishi UFJ Securities Co.
8. Deutsche Securities
9. Daiwa Securities SMBC
10. Mizuho Securities Equities Research

Results reflect the opinions of investment management professionals at more than 150 firms both in Japan and abroad. A total of 19 firms are ranked this year.

For the complete methodology and results please visit www.iimagazine.com.

For information regarding other regional surveys and the detailed reports Institutional Investor can provide, please contact Todd Giamportone, Institutional Investor's director of global sales and trading at (212) 224-3353 or via e-mail: tgiamportone@iiresearchgroup.com.

Contact Information: Contact: Chris Cavanagh 212-224-3369 chriscavanagh@iimagazine.com