Morgan Stanley Tops 2016 All-Asia Research Team Roster
For a second year running, Morgan Stanley claims top honors on the All-Asia Research Team, Institutional Investor’s annual ranking of the region’s most highly regarded sell-side analysts. The firm earns a place in 34 of the survey’s 35 sectors, missing out only on coverage of the Philippines — also for a second year in a row.
Bank of America Merrill Lynch, with 30 spots, returns at No. 2. Credit Suisse repeats in third place with 29 positions, while UBS holds steady at No. 4, with 28. Citi rises one rung, to fifth place, but that modest advance belies strong gains in the firm’s team-position total, which surges from 18 to 24.
The 2016 All-Asia Research Team reflects the opinions of 3,760 investment professionals at 1,100 institutions that collectively manage an estimated $1.68 trillion in Asia ex-Japan equities.
Twelve firms are represented in this year’s results, including two that didn’t appear last year: Goldman Sachs (Asia) and HSBC. Click on the Leaders link in the navigation table at right to view the full list.
A total of 218 individuals are cited on this year’s team, which is limited to the top three analysts or squads in each sector, plus runners-up where applicable. The full report features more than 2,347 researchers, representing 60 entities, who met minimum-vote and other eligibility criteria. (Data regarding analysts and firms not appearing here are available from the Institutional Investor Research Group; for information please contact Esther Weisz at 212-224-3307 or email@example.com.)
Among the highlights of this year’s results:
• Pierre Lau guides Citi to a tenth straight victory in Power, the longest winning streak among currently ranked crews.
• Morgan Stanley extends its dominance in Health Care & Pharmaceuticals to an eighth year despite a change in team leadership. Shengji (Sean) Wu replaces Bin Li.
• For a second straight year, Morgan Stanley’s Jasmine Lu is the only solo leader to oversee two top-ranked teams. Her squads are No. 1 for coverage of Taiwan (for a third year running) and in Technology/Hardware.
Three other analysts lead or co-lead more than one top-ranked team:
• Sean Gardiner of Morgan Stanley
— Indonesia (with Mulya Chandra)
— Singapore (with Nicholas Lord)
— Also directs the No. 3 team in Malaysia (with Navin Killa) and a runner-up squad in Thailand (with Mayank Maheshwari)
• Young-Ah Han of Bank of America Merrill Lynch
— Consumer/Discretionary (with Chen Luo)
— Consumer/Staples (with Yuanyuan [Tina] Long)
— South Korea (with Bryan Song)
• Huaxiang (Edward) Xu of Morgan Stanley
— China (with Ran [Richard] Xu)
— Industrials (with Kevin Luo)
A total of 16 team leaders celebrate their first appearance in first place:
• Randy Abrams of Credit Suisse, Technology/Semiconductors (with Manish Nigam)
• Mulya Chandra of Morgan Stanley, Indonesia (with Sean Gardiner)
• Kam Chung (Kenneth) Fong of Credit Suisse, Gaming & Lodging
• Sean Gardiner of Morgan Stanley, Indonesia (with Mulya Chandra) and Singapore (with Nicholas Lord)
• Parag Gupta of Morgan Stanley, Technology/IT Services & Software
• Young-Ah Han of Bank of America Merrill Lynch, South Korea (with Bryan Song)
• Sanjay Jain of Credit Suisse, Banks
• Yuanyuan (Tina) Long of Bank of America Merrill Lynch, Consumer/Staples (with Young-Ah Han)
• Nicholas Lord of Morgan Stanley, Singapore (with Sean Gardiner)
• Manish Nigam of Credit Suisse, Technology/Semiconductors (with Randy Abrams)
• Guo Xiang (Kelvin) Pang of Morgan Stanley, Credit Strategy
• Shengji (Sean) Wu of Morgan Stanley, Health Care & Pharmaceuticals
• Huaxiang (Edward) Xu of Morgan Stanley, China (with Ran [Richard] Xu)
• Ran (Richard) Xu of Morgan Stanley, China (with Huaxiang [Edward] Xu)
• Cheng (Charles) Zhou of Credit Suisse, Insurance
• Zhiran (Evan) Zhou of Credit Suisse, Internet (with Di [Dick] Wei)
Click on All Ranked Analysts in the navigation table to view profiles of the squads in first, second and third places, and to find information about when each team debuted in its sector, the total number of appearances each has amassed to date, total appearances at No. 1 (where applicable) and comments from money managers about what distinguishes these squads from their peers.
Also available at that link is a list of crews that earn a runner-up spot in each sector. Please note: Information about teams in the second and third positions, and runners-up, is available to subscribers only.
To learn more about how this ranking was compiled, click on Methodology.