NEW YORK, Apr. 9 (Korea Bizwire) — As the economic growth in Japan continues for an eighth consecutive quarter, so does the battle for excellence among Japanese sell-side researchers as demonstrated by the leaders of the All-Japan Research Team survey.
Nomura seizes first-place on Institutional Investor‘s exclusive annual team-based and analyst-based rankings of Japan’s best sell-side analysts.
After tying with Mizuho Securities in 2017 for first-place, Nomura pulled ahead as the highest ranked firm with 32 team-based positions and 31 analyst-based positions, both up 2 positions from last year. Mizuho Securities claims the No. 2 spot on each ranking with 27 positions. Close behind, Daiwa Securities Group, SMBC Nikko Securities, and Mitsubishi UFJ Morgan Stanley Co. come in strong to round out this year’s winners circles.
Citi takes 6th place on both rankings and earns the title of this year’s highest ranking non-domestic firm, tying with last year’s leading non-domestic firm, J.P. Morgan, with 9 positions on the team-based rankings, and securing 11 positions on the analyst-based ranking to earn 6th place.
Sixteen firms are represented in this year’s results, including two that didn’t appear last year: Macquarie who tied for No.13 with four firms on the analyst-based leaders and Ichiyoshi Securities who was part of a four-way tie on both team-based and analyst-based rankings, achieving 12th and 13th places, respectively.
“Japan continues to play a key role in the global economy, and this translates through to broad interest from investors – domestic and international – to invest in those companies driving that growth,” said Cara Eio, Head of Asia, II Research. “It was particularly encouraging to see new firms rise and appear in the rankings this year, such as Macquarie and Ichiyoshi Securities, demonstrating that good quality research and market knowledge will garner recognition irrespective of source. This bodes well for a MIFID II future.”
The 2018 All-Japan Research Team reflects the opinions of more than 1,204 portfolio managers and analysts at 482 institutions that collectively manage an estimated $1.1 trillion in Japanese equities and $9 billion in Japanese fixed-income.
A total of 161 team leaders appear on this year’s roster, which is limited to the top three squads in each sector, plus runners-up where applicable. The full report names 696 researchers, representing 28 entities, who met minimum-vote and other eligibility criteria.
Complete results can be found at www.institutionalinvestor.com/research
For more information contact Cara Eio, Head of Asia, II Research, at +852 2912 8051 or cara.eio@institutionalinvestor.com.
To share your winning position in the 2018 All-Japan Research Team ranking in your website content, advertisements, communications, marketing collateral, and more, please contact PARS International Corp. at www.ii-licensing.com.
About Institutional Investor
For 51 years Institutional Investor has consistently distinguished itself among the world’s foremost media companies with groundbreaking journalism and incisive writing that provides essential intelligence for a global audience. In addition, Institutional Investor offers highly-respected proprietary benchmark research and rankings on buy-side and sell-side research, hedge funds, corporates, fixed income and asset management. For more information visit institutionalinvestor.com.
Source: Institutional Investor News via GLOBE NEWSWIRE