Nomura placed 1st on Institutional Investor's annual All-Japan Research Team Survey

KUALA LUMPUR, April 10 (Bernama) -- Nomura, a Tokyo based firm gained first-place on Institutional Investor's 25th annual All-Japan Research Team Survey.

Nomura pulled ahead as the highest ranked firm with 32 team-based positions and 31 analyst-based positions, both up two positions from last year, a statement said.

Mizuho Securities claim the No. 2 spot on each ranking with 27 positions. Close behind are Daiwa Securities Group, SMBC Nikko Securities and Mitsubishi UFJ Morgan Stanley Co. coming in strongly to round out this year's winners circles.

Citi takes 6th place on both rankings and earn the title of this year's highest ranking non-domestic firm, tying with last year's leading non-domestic firm, J.P. Morgan, with nine positions on the team-based rankings, and securing 11 positions on the analyst-based ranking.

This year, 16 firms are represented including two that did not 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 Head of Asia, II Research, Cara Eio.

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 US$1.1 trillion in Japanese equities and US$9 billion in Japanese fixed-income.

The full report names 696 researchers, representing 28 entities, who met minimum-vote and other eligibility criteria. Complete results of the report can be accessed at www.institutionalinvestor.com/research

Institutional Investor is among the world's foremost media companies with groundbreaking journalism and incisive writing that provides essential intelligence for a global audience, the statement said.

--BERNAMA