Contact Information: Contact: Alyssa Walker awalker@iiresearchgroup.com (212) 224-3677
Institutional Investor Magazine Announces the Top Asian Research Analysts
Citi Is No. 1 in the 2009 All-Asian Research Team Survey, Investors Say
| Source: Institutional Investor
NEW YORK, NY--(Marketwire - May 6, 2009) - Investors are hopeful that Asian economies
will lead the world out of recession, and no firm provides better coverage
of the region's equity markets than Citi, according to participants in
Institutional Investor's 2009 All-Asia Research Team survey.
Full results can be found online at www.iimagazine.com.
Citi, which last year tied for first place with J.P. Morgan Securities, has
the winner's circle all to itself this year. The firm captures 28 total
positions (first, second, third place and runner-up), two more than in
2008, including 11 teams ranked No. 1 in their respective sectors, up from
eight last year.
UBS rises one rung to second place; the giant Swiss bank claims 24
positions, the same number as last year, and is home to five top-ranked
teams, one more than last year.
J.P. Morgan slips to third place, losing three positions overall and six of
its seven No. 1 teams.
Rounding out the top five are Credit Suisse, which repeats in fourth place
and wins 21 positions, and Banc of America Securities-Merrill Lynch, which
jumps from No. 7 and takes 20 team positions.
Institutional Investor's 16th annual All-Asia Research Team survey results
are based on responses from more than 1,900 investment officers and
portfolio managers at 700 firms managing an estimated $1.6 trillion in
non-Japanese Asian equities.
Check back tomorrow to view the top teams in each of the survey's 32
sectors.
The complete ranking can be found on our web site, www.iimagazine.com.
For more information, please contact Alyssa Walker at
awalker@iiresearchgroup.com or (212) 224-3677.