UBS Reclaims Top Spot as Asia's Overall Sales Team


NEW YORK, NY--(Marketwire - May 28, 2008) - After falling to fourth place last year, UBS is back on top as home to Asia's best overall sales force, according to participants in Institutional Investor's 2008 All-Asia Sales Team survey. The Swiss bank has held the top spot for five of the six years the survey has been conducted. The survey is available today online at www.iimagazine.com.

Goldman Sachs (Asia) holds steady in second place, while last year's top-ranked firm, Citi, slides to third. The biggest gainer among the top firms is Morgan Stanley, which skyrockets from No. 10 to No. 4. Rounding out the top five is CLSA Asia-Pacific Markets, which drops from third place; the firm was also named Asia's best sales force for small- and mid-cap equities in a separate Institutional Investor ranking.

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

1.  UBS
2.  Goldman Sachs (Asia)
3.  Citi
4.  Morgan Stanley
5.  CLSA Asia-Pacific Markets
6.  JPMorgan Securities
7.  Merrill Lynch
8.  Credit Suisse
9.  Deutsche Bank Securities
10. Macquarie Securities Asia

Results reflect the opinions of more than 830 investment management professionals at 435 firms managing Asian equities.

To view the complete results, please visit our web site, www.iimagazine.com.

For information regarding other regional surveys and the detailed reports we 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