< The 2016 All-Asia Research Team
Daniel Fineman & team
Credit Suisse
First-place appearances: 6
Total appearances: 15
Team debut: 1994
Holding steady at No. 2 are Daniel Fineman, 53, and his Credit Suisse teammates in Bangkok, who publish research on 70 Thai names. Two of their top picks in that group are Bangkok Expressway and Metro, a transportation company, and infrastructure construction concern CH Karnchang. In January, just after toll system operator Bangkok Expressway and rail services provider Bangkok Metro completed their merger, the analysts launched coverage on the combined entity with an outperform rating, foreseeing a boost to performance from infrastructure projects on the horizon. That same month they hiked their rating on Karnchang from neutral to outperform, thanks to the contracting giant’s exposure to increasing infrastructure spending. Although its shares had slipped 7.4 percent, to 25 baht, as of late last month, the researchers expect it to climb to 34 baht by the end of this year. Bangkok Expressway and Metro’s stock advanced 7.1 percent, to 5.55 baht, through late April. Over the same period the domestic market jumped 17.4 percent, and regional equities overall climbed 6.3 percent. They peg the stock at 6.20 baht. Fineman, 53, “is a capable analyst with great experience, and he is especially helpful with idea generation,” attests one portfolio manager.