After three consecutive years at the top of the roster, the Credit Suisse foursome falls to second place. The team — with analysts in Hong Kong and Kuala Lumpur led by Bangkok-based Daniel Fineman — tracks 46 companies and demonstrates an “exceptional breadth and depth of knowledge,” as one money manager puts it. In November they launched coverage on Central Plaza Hotel with an outperform rating, at 19.40 baht, largely owing to rising tourism from China and Russia. By the end of April, shares of the Bangkok-based owner and operator of hotels and restaurant chains had skyrocketed 92 percent, to 37.25 baht, and outpaced Thailand’s broad market by 76.8 percentage points. “Dan has had great, early calls,” cheers one grateful client in Zurich. — Ben Mattlin |
Country & Regions – Thailand: Second