NEW YORK, Jul. 24 (Korea Bizwire) — Today Institutional Investor launches its All-Asia Trading Team rankings, spotlighting the top electronic, high-touch, and portfolio trading teams along with the best firms providing local market color to the buy-side. More than 14,500 votes were cast by some of the most influential institutional investors.
Credit Suisse was the top choice among buy-siders with 17 ranked positions and earned six 1st place positions – the most amongst its peers. Morgan Stanley came in a close second with 15 positions with UBS trailing right behind at 13.
“In Asia, trade execution requires a local touch,” says Howard Tang, Product Director at Institutional Investor Research. “You can’t trade effectively without a partner that understands the liquidity pockets that are unique to the region – that is why our research drills down into the specific markets.”
Buy-side cash equity traders were surveyed about their top high-touch, electronic, and local market color providers across seven defined regions: Australia/New Zealand, China/Hong Kong, India, Japan, Korea, Developing Trading Markets, and Frontier Trading Markets. No specific region was asked for in Portfolio trading.
Institutional Investor interviewed 392 heads of trading and traders across 305 buy-side firms in Asia. More than 43 percent of voting firms paid $5 million or more in commissions to the Street, and more than 47 percent of those firms managed $1 billion or more in assets in their portfolios.
The survey report includes in-depth data for 23 attributes across high-touch, electronic, portfolio trading, and local market color — providing trade execution providers a lense into how they fared against their peers and helping them understand their performance across different funds, geographies, and wallet sizes.
2017 All-Asia Trading Team – Leaders:
Rank | Company Name |
1 | Credit Suisse |
2 | Morgan Stanley |
3 | UBS |
4 | Bank of America Merrill Lynch |
5 | Citi |
6 | CLSA |
6 | Goldman Sachs |
8 | Instinet/Nomura |
9 | Deutsche Bank |
9 | Macquarie |
11 | Daiwa Securities Group |
11 | J.P. Morgan |
11 | Mizuho Securities |
14 | Auerbach Grayson & Co. |
14 | Decker and Co. |
14 | HSBC |
14 | Mirae Asset Daewoo Co. |
Visit the leader rankings here.
About Institutional Investor
Institutional Investor offers proprietary research and rankings that serve as respected industry benchmarks. For more information, visit institutionalinvestor.com.
Contact: Augusta McKie
Augusta.McKie@institutionalinvestor.com
+44 207 779 8208
Source: Institutional Investor News via GLOBE NEWSWIRE