The FINANCIAL — Bank of America Merrill Lynch has the No.1 ranked equity Sales team in Asia according to the inaugural Institutional Investor magazine 2012 All-Asia Sales team survey.
It also ranked No. 2 in the inaugural 2012 All-Asia Trading team survey.
“The Asia investor community has always placed a premium on ideas, access and execution and our strategy has been to drive excellence in all three disciplines and deliver them in a coordinated package to our most important clients,” said Richard Boseley, head of Asia Pacific Equity Sales and Global Markets Financing and Futures. “These results are particularly satisfying as they reflect direct client appreciation across our entire equity advisory and execution business.”
According to the Bank of America, this result follows the announcement of BofAML’s No. 1 ranking in the Institutional Investor All-Asia Research Survey for the second consecutive year.
“Clients continue to recognize our capabilities in these services,” said Ryan Holsheimer, head of Asia Pacific Execution Services and Sales Trading. “The results of these surveys and the recognition of our Research franchise showcase how clients view the strength of our entire equities platform in the region.”
The 2012 Institutional Investor All-Asia Sales team survey results are based on responses from 2,430 buy-side analysts and money managers at some 870 firms that collectively manage approximately $1.57 trillion in Asia ex-Japan equity assets responded.
The 2012 Institutional Investor All-Asia Trading team survey results are based on responses from 1,560 buy-side analysts and money managers at some 710 firms that collectively manage some $1.35 trillion in Asia ex-Japan equity assets. The votes are weighted by a respondent’s Asia ex-Japan equity assets under management and by the place awarded (first through fourth).