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Morgan Stanley rises one rung to claim its first appearance in first place on the All-Asia Research Team, Institutional Investor's 22nd annual ranking of the region's best sell-side analysts. It earns a place in all but one of the survey's 33 sectors, missing out only on coverage of the Philippines.
Complete results can be found at www.institutionalinvestor.com/rankings.
Remarkably, more than half the firm's appearances this year, 17, belong to squads deemed the best in their respective categories -- that's more than double the number of first-place finishes claimed by any other brokerage. Last year Morgan Stanley analysts turned in only seven sector-topping performances.
The firm's ascension brings Bank of America Merrill Lynch's winning streak to a halt after four years. It slips to second place, with 31 positions, one fewer than in 2014. Credit Suisse holds steady at No. 3, even though its team position total jumps by three, to 29; while UBS drops one level to fourth place, despite adding one position, bringing its total to 27. Rounding out the top five is Deutsche Bank, which advances one tier after improving its total from 21 to 24.
The 2015 All-Asia Research Team reflects the opinions of some 3,560 buy-side analysts and money managers at more than 1,060 institutions that oversee an estimated $1.72 trillion in Asian (ex-Japan) equities.
A total of 240 individuals from 14 firms are represented in this year's results.
