CICC Tops Institutional Investor Ranking of China's Best Research Providers
Credit Suisse, UBS Soar in Magazine's 2012 All-China Research Team Survey
NEW YORK, NY--(Korea Newswire) May 15, 2012 -- China International Capital Corp. rises one rung to claim its first appearance in the winner‘s circle on the All-China Research Team, Institutional Investor’s annual ranking of the country's leading equity analysts. CICC more than doubles its number of total team positions, from nine to 19, and its number of analysts at No. 1 in their respective sectors, from two to five.
Complete survey results can be found at www.institutionalinvestor.com.
Last year's top-ranked firm, Bank of America Merrill Lynch, slips to second place despite adding five positions, for a total of 17, and raising its first-place total from three to five.
Four firms tie for third place, with nine positions each: Citi, Credit Suisse, Morgan Stanley and UBS. However, their equal footing this year belies diverse views of how these firms‘ fortunes have changed over the past 12 months. Citi holds steady, while Credit Suisse -- this year’s biggest upward mover -- rockets from No. 11 after tripling its team-position total. Morgan Stanley picks up only one position, but that is sufficient to bump the firm up one notch. The addition of five positions propels UBS all the way from ninth place.
This ranking reflects the opinions of more than 2,000 analysts and money managers at some 700 buy-side institutions that manage roughly $799 billion in Chinese equity assets.
Institutional Investor will announce the winners of its inaugural All-China Sales Team and All-China Trading Team tomorrow, May 15, on its website.
For more information contact Alyssa Walker at email@example.com or (212) 224-3677.
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