Asia Money All
Asia Money All
Asia Money All
Polls editor
Overall
Bernice Lam
Regional
Assistant polls editor
Alice Li Prime broking & hedge fund services
Design manager Australia
Simon Kay
China
Publisher
Andrew Cover Hong Kong
Total 100.00%
GLOBAL INDUSTRY CLASSIFICATION STANDARD (GICS)SM
FOR ENQUIRES, PLEASE CALL MSCI 24 HR CLIENT SERVICE ON (852) 2848 6740.
INDUSTRY GROUP (SELECTED) INDUSTRY Transportation - air freight & logistics - airlines
Automobiles & Components - auto components - automobiles - marines - road & rail
Banks - commercial banks - thrifts & mortgage finance - transportation infrastructure
Capital Goods - aerospace & defense - building products Utilities - electric utilities - gas utilities
- construction & engineering - electrical equipment - multi-utilities - water utilities
- industrial conglomerates - machinery - independent power producers & energy traders
- trading companies & distributors
Commercial Services & Supplies - commercial services & supplies - professional services 1
Conglomerates refers to the Industry Industrial Conglomerates. It has been selected as a regional sector to replace Capital Goods to better reflect the industry
Conglomerates 1 - industrial conglomerates sectors covered by brokers within the region.
Consumer Durables & Apparel - household durables - leisure equipment & products
- textiles, apparel & luxury goods Disclaimer
Consumer Services - hotels, restaurants & leisure - diversified consumer services This information is the property of Morgan Stanley Capital International Inc. (MSCI). It is provided for informational purposes only, and is not
Diversified Financials - diversified financial services - consumer finance a recommendation to participate in any particular trading strategy. The information may not be used to verify or correct data, or any
- capital markets compilation of data or index or in the creation of any indices. Nor may it be used in the creating, writing, offering, trading, marketing or
Energy - energy equipment & services - oil, gas & consumable fuels promotion of any financial instruments or products. This information is provided on an “as is” basis. Although MSCI shall obtain information
Food & Staples Retailing - food & staples retailing from sources which MSCI considers reliable, neither MSCI, its affiliates nor any other party involved in the making or compiling of the
Food, Beverage & Tobacco - beverages - food products information guarantees the accuracy and/or the completeness of any of this information. Neither MSCI, its affiliates nor any other party
- tobacco involved in the making or compiling of the information makes any representation or warranty, express or implied, as to the results to be
Health Care Equipment & Services - health care equipment & services - health providers & services obtained by any person or entity from any use of this information, and the user of this information assumes the entire risk of any use made of
- health care technology this information. Neither MSCI, its affiliates nor any other party involved in the making or compiling of the information makes any express or
Household & Personal Products - household products - personal products implied warranties, and MSCI, its affiliates and any other party involved in the making or compiling of the information hereby expressly
Insurance - insurance disclaim all warranties of merchantability or fitness for a particular purpose with respect to any of this information. Without limiting any of
Materials - chemicals - construction materials the foregoing, in no event shall MSCI, its affiliates or any other party involved in the making or compiling of the information have any liability
- containers & packaging - metals & mining for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such
- paper & forest products damages. Morgan Stanley Capital International, MSCI and all other service marks referred to herein are the exclusive property of MSCI and
Media - media its affiliates. All MSCI indices are the exclusive property of MSCI and may not be used in any way without the express written permission of
Pharmaceuticals, Biotechnology & Life Sciences - biotechnology - pharmaceuticals MSCI. MSCI is a leading provider of global indices and benchmark related products and services to investors worldwide. Morgan Stanley, a
- life science tools & services global financial services firm and a market leader in securities, asset management, and credit services, is the majority shareholder of MSCI,
Real Estate - real estate investment trusts (REITs) - real estate management & development and The Capital Group Companies, Inc., a global investment management group, is the minority shareholder
Retailing - distributors - internet & catalogue retail
- multiline retail - specialty retail
Semiconductors & Semiconductor Equipment - semiconductors - semiconductor equipment
Software & Services - internet software & services - IT services
- software
Technology Hardware & Equipment - communications equipment - computers & peripherals
- office electronics - electronic equipment & instruments
- electronic components
Telecommunication Services - diversified telecommunication services - wireless telecommunication services
LIST OF RESPONDENTS
Those institution names requested to be kept confidential are not listed.
The poll was directed at individuals - their views do not necessarily reflect the views of their companies as a whole.
Australia: Allard Partners Australia; AllianceBernstein; Amalg Capital Management; Tenax Capital; Union Bancaire Privee; Urwick Capital India: ABN AMRO Asset Management; AIG Investments; AllianceBernstein; Malaysia: Aberdeen Asset Management; AIA Fund Management; Aims Asset Management; ARA Strategic Capital; Argo Capital Management; Arisaig
Management; AMP Capital Investors; Arnott Capital; Bennelong Long Short Management; Väring Capital; WestLB Mellon Asset Management Americorp Capital; Anew Capital Management; Artha Capital; Arya Capital Management; Alliance Investment Bank; Alliance Investment Management; Partners; Arjava Capital; ARN Investment Partners; Arohi Asset Management;
Equity Management; Colonial First State Global Asset Management; DV01 Funds Management; ASK Investment Managers; AVIVA INDIA; Aviva Life Insurance; Allianz Life Insurance Malaysia; Alpha Asset Management; AmanahRaya-JMF Artisan Asia-Pacific; Artradis Fund Management; Asian Management; Atlantis
Management; Elstree Investment Management; Five Oceans Asset Management; Hong Kong: Abax Global Capital; ABN AMRO BANK; Acru Asset Management; Axis Bank; Bajaj Allianz General Insurance; Bharti Axa Investment Managers; Asset Management; Amara Investment Management; AmAssurance; American Investment Management; Atlas Holdings; Bank Julius Baer; Bank Pictet & Cie;
Global Value Investors; Hunter Hall Investment Management; ING Investment Agifel International; AIG Investments; Ajia Partners; Aktis Capital Advisory; Birla Sun Life Asset Management; Birla Sun Life Insurance; Blackstone Fund International Assurance; AmInvestment Management; Apollo Investment Binjai Hill Asset Management; Black River Asset Management; BNP Paribas
Management; K2 Asset Management; Macquarie Investment Management; Alkeon Capital Management; Allard Partners; Apex Capital Management; APG Services; Canara Robeco Asset Management; ChrysCapital Investment Advisors; Management; Arah Advisory Services; Avenue Invest; Bank Muamalat; Bank Asset Management; Bridge Capital Investments; Broad Peak Investment
Merricks Capital; Optimal Fund Management ; Perennial Investment Partners; Investments; Argyle Street Management; Asia Debt Management; AT Asset Courage Capital Management; DBS Cholamandalam Asset Management; DnB Perusahaan Kecil & Sederhana Malaysia; CIMB-Principal Asset Management; Advisers; Broad Peak Investment Management; Capital International; Chirin
Platinum Asset Management; PM CAPITAL; Prime Value Asset Management; Management; Atlantis Investment Management; Axial Capital; Axiom NOR Investment Advisory Services; DSP Merrill Lynch; DSP Merrill Lynch Fund CMS Asset Management; CMS Trust Management; Corston-Smith Asset Capital; Chuo Mitsui Investments; CIMB-GK Securities; Citi; Clariden Leu; CLSA
Sandringham Capital; St Helens Capital; Susquehanna Pacific; Treasury Asia Investment Management; Ballingal Investment Advisors; Balyasny Asset Managers; Envision Capital Advisors; Finquest Securities; Fortuna Capital; Management; Dubai Investment Group; Fortress Capital Asset Management; Capital Partners; CMIA Capital Partners; Columbia Management; Commerzbank;
Asset Management; UBS Global Asset Management; Wallace Funds Management Management; Baring Asset Management; BEA Union Investment Management; Franklin Templeton Investments; General Atlantic; HDFC Asset Management; Great Eastern Life Assurance; Hong Leong Assurance; Hong Leong Fund Concordia Advisors; CRA Management; Credit Suisse; DA Capital Asia; Daiwa
BlackRock; Blackstone A.M.N. Advisors; Blue Pool Capital; BOCI-Prudential Asset HDFC Securities; HDFC Standard Life Insurance; HSBC Global Asset Management; HwangDBS Investment Management; ING Funds; Kenanga Asset Asset Management; Daiwa SB Investments; DBS Asset Management; Deutsche
China: ABC-CA Fund Management; ABN AMRO TEDA Fund Management; Actis; Management; Bowen Capital Management; Boyer Allan Investment Management; Hudson Fairfax Group; ICICI Lombard General Insurance; ICICI Management; Koperasi Permodalan Felda; Kumpulan Sentiasa Cemerlang; Asset Management; Deutsche Bank; Diamond Head Capital; Elixir Financial;
AIG Investments; AIG-Huatai Fund Management; Ajia Partners; Management; Brevan Howard; Buena Vista Fund Management; Cape Asset Prudential Asset Management; ICICI Prudential Life Insurance; ICICI Venture Kumpulan Wang Persaraan (Diperbadankan); Kurnia Insurans; Lembaga Tabung European Investors; Everest Capital; Exelion Capital Management; Foison
AllianceBernstein; Alltrust Insurance; AMP Capital Investors; APS Asset Management; CCB International Asset Management; Cheyne Capital; China Funds Management; IDFC Investment Advisors; IDFC Mutual Fund; IEP Advisors; Haji; Malaysian Assurance Alliance; Manulife Insurance; Mayban Investment Investment Research & Management; Fortis Investments; Fullerton Fund
Management; Artesian Capital Management; Bank of China Group Investment; Alpha Investment Management; China Asset Management; China BOCOM IL&FS; Indea Capital; India Advisory Partners; India Performance Advisors; ING Management; MCIS Zurich Insurance; Meridian Asset Management; MIDF Management; G.T.O.; Galleon; GE Asset Management; GE Money; GeoSphere
Bank of China Investment Management; Bank of Communications International Insurance; China Everbright Asset Management; China Life Franklin Asset Investment Management; ING Vysya Life Insurance; JM Financial Asset Amanah Asset Management; Navis Management; Overseas Assurance Capital Management; GIC; Goldman Sachs; Halbis Capital Management; Helios
Trust; Bank of Communications Schroder Fund Management; Baosteel Group; Management; China Value Investment; ChinaRock Capital Management; Chuang's Management; JM Financial Investment Managers; JM Financial Mutual Fund; Corporation; Pacific Mutual Fund; PacificMas Asset Management; Permodalan Capital Management; Henderson Global Investors; HSBC Private Bank; Indea
Blue Pool Capital; Bohai Capital; Bosera Asset Management; CCB Principal Asset China Investments; Citadel Investment Group; Citi Alternative Investments; Karma Capital Advisors; Karma Capital Management; Kotak Mahindra Asset Nasional; Pheim Asset Management; Phillip Mutual; Prudential Fund Capital; Indus Capital; ING Asia Private Bank; JH Whitney Investment
Management; Cephei Capital Management; Chang Xin Asset Management; CITIC Allco Investments; Cohen & Steers; Comgest Far East; Cornerstone Real Management; Latwalla Investments; Lotus India Asset Management; Max New Management; Public Mutual; Retirement Fund Inc; RHB Investment Management; JL Capital; JPMorgan Asset Management; JPMorgan Asset
Changsheng Fund Management; China Asset Management; China International Estate Advisers; CQS; Credit Agricole Asset Management; Credit Suisse Private York Life Insurance; Mirae Asset Global Investment Management; Morgan Management; Singular Asset Management; Social Security Organisation; TA Management – Hedge; Kelusa Capital; KIMCO International; Kingsmead Capital
Fund Management; China Investment Corporation; China Life Asset Banking; D. E. Shaw & Co; Daiwa Asset Management; Daiwa SB Investments; Stanley; New Horizon Investments; NV Advisory Services; Principal PNB Asset Investment Management; UOB-OSK Asset Management; ValueCap Advisors; Komodo Capital Management; Liberty Harbor; Libra Capital
Management; China Merchants Fund; China Nature Asset Management; China Dalton Capital; Deephaven Capital Management; Demeter Asset Management; Management; Reliance Capital Asset Management; Reliance Life Insurance; Royal Management; Lion Global Investors; Lloyd George Management; Makara Capital;
Post & Capital Fund Management; China Re Asset Management; China Southern Deutsche Asset Management; DIAM; Diamond Head Capital; DKR Oasis; DnB NOR Sundaram Alliance Insurance; Samara India Advisors; SBI Funds Management; North America: AGF Funds; AIG Investments; Akana Capital Management; Mass Financial Services (MFS); Merrill Lynch; Millennia Investment
Fund Management; CICC; CITIC Securities; CPIC; Da Cheng Fund Management; Asset Management; Doric Capital; DragonBack Capital; Ecofin; Edmond de SBI Life Insurance; SBI Mutual Fund; Smith Management; STCI Primary Dealer; Anew Capital Management; Arbitrak Financial; Argonaut Capital Management; Management; Millennium Capital Management; MIR Investment Management;
Ding Tian Asset Management; DM Capital; DnB NOR Asset Management; DT Rothschild Asset Management; EFG Bank; Ellerston Capital; Elliott Advisors; Eton Sundaram BNP Paribas; Tata AIG Life Insurance; Tata Asset Management; Taurus Armor Capital Management; Arnhold and S. Bleichroeder Advisers; Artio Global Mirae Asset Global Investments; Monterey Capital Management; Morgan
Capital Partners; E Fund Management; Ellerston Capital; Emperor Investment Park; Evenstar Capital Management; Evolution Capital Management; Excelfund Asset Management; Taurus Mutual Fund; Temasek Holdings Advisors; Tiger Investors; Artisan Partners; Axiom International Investors; Barclays Global Stanley; Nalanda Capital; New Harbour Capital Partners; Nikko Asset
Management; Everbright Pramerica Fund Management; Everbright Securities; Management; Fair Capital Management; FIL Investment Management; First Global Advisors; Tricolor Advisory Services; UTI Asset Management; UTI mutual Investors; Barington Capital Group; Basso Capital Management; Batterymarch Management; Nissay Deutsche Asset Management; Nomura Asset Management;
Everyoung Capital Management; Fortis Haitong Investment Management; State Investments; Fortis Investments; Fortress Investment Group; Foundation funds; UTI Ventures; Voyager Investment Advisors Financial Management; BlackShip Capital Management; Capital International; Noonday Asset Management; NTUC Income Insurance; Oaktree Capital
Fortune SGAM Fund Management; Fortune Trust; Franklin Templeton Asset Management; FrontPoint Partners; Fubon Investment Management; Gain Caravel Management; Carret Asset Management; Cavalry Asset Management; Management; OCBC; OCTIS Asset Management; Pacific Star Fund Management;
Investment; Franklin Templeton Sealand Fund Management; Fullgoal Fund Asset Management; Galaxy Asset Management; Gandhara Advisors; Gandhara Indonesia: AXA Asset Management; CIM Investment Management; CIMB- Citadel Investment Group; Cliffwood Partners; Columbia Management; Columbia Paddington Asset Management; Pendulum Asset Management; Peterson Asset
Management; GE Asset Management; Gem Holdings; GF Fund Management; Capital; GCA Fund; GCIS; Ginger Capital Management; Goldman Sachs; Go-To- Principal Asset Management; Ciptadana Asset Managment; Credit Suisse Wanger Asset Management; Coronat Asset Management; Courage Capital Management; Pheim Asset Management; Phillip Capital Management; Pictet &
Goldman Sachs; Great Wall Fund Management; Greenwoods Asset Management; Asia Investment; Greenwoods Asset Management; Guoco Group; Guotai Junan Investment Management; Danareksa Investment Management; Danatama Management; Credit Suisse; Criterion Capital Management; D. E. Shaw & Co; Cie; Pioneer Investment Management; Pramerica Real Estate Investors;
Guosen Securities; Guotai Junan Allianz Fund Management; Guotai Junan Assets; Assets; Guotai Junan Securities; Halbis Capital Management; Hamon Investment Makmur Investment Management; First State Investments; Fortis Investments; Davis Funds; Delaware Investments; Delta Partners; Deltec Asset Management; Providence Capital Management; Prudential Asset Management; Prusik
Harfor Funds Management; Harvest Fund Management; Hillhouse Capital Group; Helmsman Capital Management; Highbridge Capital Management; Horizon Gani Aset Manajemen; GMT Aset Manajemen; Indo Premier Securities – Pro; Eagle Global Advisors; EM Capital Management; Emerging Markets Investment Management; Putnam Investments; QVT Financial; RBS Coutts Bank;
Management; HSBC Jintrust Fund Management; Hua An Fund Management; Capital; HSBC; HSBC Halbis Capital Management; HSBC Principal Investments; Mandiri Manajemen Investasi; Manulife Aset Manajemen; Nusadana Asset Management; Emerging Sovereign Group; ERS of Texas; Evergreen Investments; Reliance Asset Management; Rexiter Capital Management; Royal Bank of
Huashang Fund Management; Huatai Asset Management; ICBC Credit Suisse HSZ; I.G. Investment Management; ICL Management; IMC Investment; Indus Management; Pearl Capital Management; PNM Investment Management; Evolution Capital Management; Farallon Capital Management; Federated Global Canada; Sansar Capital Management; Schroder Investment Management; Scion
Asset Management; Industrial Fund Management; INVESCO Great Wall Fund Capital; Infiniti Investment Management; ING Investment Management; Inter- Pratama Capital; Schroder Investment Management; Semesta Indovest; Management; Fidelity Investments; First New York Securities; First State Investment; SEB; Shidan Capital; SJAM Investment Managers; Société Générale
Management; Keywise Capital Management; Lion Fund Management; Martin Asia Venture Management; Invesco; iVenture Investment Management; Ivory Syailendra Capital Investments; FrontPoint Financial Services Fund; Galleon; George Weiss Asset Management; Spinnaker Capital; Stark Investments; Stretto Capital;
Currie; MegaTrust Investment; MICH Investments; Morgan Stanley; Morley Fund Investment Management; Jana Partners; JF Asset Management; JK Capital Associates; GeoSphere Capital Management; GIC; GMO; Goodman & Company; Sumisho Capital Management; T Rowe Price; Tantallon Capital Advisors;
Management; National Council for Social Security Fund; New Century Fund Management; JPMorgan; Keywise Capital Management; KGI Asia; Korea Japan: 777 Investment; Akana Capital Management; AllianceBernstein; Atom Harding Loevner; Hunter Global Investors; ING Investment Management; Temasek Holdings; TGEM Partners; The Rohatyn Group; Three Kingdoms Capital;
Management; New China Life Insurance; Norges Bank Investment Management; Investment & Securities; Korea Investment Trust Management; Legg Mason Capital Management; Capital International; Dai-ichi Mutual Life Insurance; Institutional Capital; Invesco; Ironbound Capital; J. & W. Seligman; Jadeite Tiedemann; TM Asia Life Singapore; Tokio Marine Asset Management; Tree Line
Orient Fund Management; Pacific Asset Management; Penghua Fund International Equities; Lehman Brothers; LIM Advisors; Lloyd George DIAM; Dresdner Kleinwort; Fortis Investments; Fortress Investment Group; Capital; JCA Partners; Joho Capital; JPMorgan Asset Management; Liberty Investment Management; Tudor Capital; UBS Global Asset Management; UOB
Management; PICC Asset Management; Ping An Annuity Insurance; Ping An Management; Lombard Odier; Darier Hentsch & Cie; Lotus Asset Management; Fukoku Capital Management; GAM; Highbridge Capital Management; Horizon Square Asset Management; Moon Capital; Natixis; Neon Liberty Capital Asset Management; Value Capital Asset Management; Whitefield Capital
Asset Management; Pinpoint China Fund; Power Pacific Corporation; Prime Ludgate Hill Investment Management; Luminary Capital; Lynas Capital; Asset International; Indra Investments; Japan Advisory; LIM Advisors; Lupus Management; Neuberger Berman; New Vernon Capital; Newport Asia; North Management; Woori Absolute Partners; Woori Investment & Securities; ZAIS
Capital Management; Prudential Asset Management; Rising China Fund; Rong Macquarie; Manulife Asset Management; Marco Polo Pure Asset Management; Alpha Asset Management; Meiji Dresdner Asset Management; Milestone Asset Sound Capital; Oaktree Capital Management; Orchid Asia Group Management; Group
Tong Fund Management; Shanghai PuDong Development Bank; Shenzhen China- Marshall Wace GaveKal; Martin Currie investment Mgmt.; MCL Assets; Merrill Management; Morgan Stanley; Nikko Asset Management; Nissay Asset Plinthos Capital; Porter Orlin; Precept Capital Management; Prince Street
Europe Rabbit Fund Management; Soochow Asset Management; Springs Capital; Lynch; MFC Global Asset Management; MGPA; MICH Investments; Middle Island Management; Ottoman Capital; Prospect Asset Management; RCM Japan; SMBC Capital; Putnam Investments; Pyramis (Fidelity); Pzena Investment Taiwan: AIG Investments; AIG Nan Shan Life; Augustus Asset Management;
SYWG BNP Paribas Asset Management; Taikang Asset Management; Taikang Capital; Mirae Asset Global Investments; Mitsubishi UFJ Trust and Banking Friend Securities; SPARX Asset Management; Sumitomo Mitsui Asset Management; Quantrarian Capital Management; Redbrick Capital Management; Capital Investment Trust Corp; Cathay Life Insurance; Cathay Securities
Insurance; Taurus L.H. Fund; UBS SDIC Fund Management; UBS Securities; Corporation; Mizuho Securities; Morgan Stanley; New World Development; Nezu Management; Sumitomo Trust and Banking; T Rowe Price; T&D Asset Rogge Capital Management; Ruane Cunniff & Goldfarb; Samlyn Capital; Seacross Investment Trust; China Development Industrial Bank; Clairvoyance Capital;
Warburg Pincus; Yimin Asset Management; Yin Hua Fund Management; Asia; Nomura Asset Management; North of South Capital; Oasis Management; Management; Tokio Marine & Nichido Fire Insurance; Tokio Marine Asset Global Advisors; Shah Capital Management; Société d’Analyses Economiques; Deutsche Asset Management; Duquesne Technology Research; Franklin
Zhonghai Fund Management Oberweis Asset Management; Och Ziff Capital Management; Overlook Management; Tozai Investment Advisory; VistaMax Fund Advisors Spring Mountain Capital; SRS Investment Management; State of Wisconsin Templeton Investments; Fubon Asset Management; Fuhwa Securities Investment
Investments; Perry Capital; Pinpoint Investment Advisors; PMA Investment Investment Board; State Street Global Advisors; STRS Ohio; Stylos Capital Trust; Hontai Life Insurance; HSBC Global Asset Management; Hwatai
Europe: ACP Partners; Alsig Emerging Fund; Altima Partners; Amiral Gestion; Advisors; Primero Investment; Principal Asset Management; Principal Global Korea: Allianz Global Investors; ANZ Bank; Citi; CJ Asset Management; CJ Management; Sunova Capital; Tatarian Funds; Teacher Retirement System of Commercial Bank; ING Securities Investment & Trust; J. & W. Seligman; JF Asset
Ashmore Investment Management; Atlantis Investment Management; Axial Investors; RAB Capital Northwest Funds; Ramius Asia; RBS Coutts Bank; RCM Investment & Securities; Consus Asset Management; Corevest; Cosmo Texas; Tenex India Fund; Third Point; Thornburg Investment Management; TIAA- Management; Jih Sun Investment Trust; JPMorgan Asset Management; Kohwa
Investment Management; Bankinvest Asset Management; Banque Cantonale Asia Pacific / Allianz Global Investors; RDA Asset Management; Richland Capital Investment Management; Daishin Investment Trust Management; Deutsche CREF; Tiger Asia Management; Torrey Pines Capital Management; Trilogy Global Securities Investment Advisory; Loch Capital Management; MacroVision
Vaudoise; BlackRock; BlueCrest Capital Management; BNP Paribas CIB; BP Management; Robeco Asset Management; ROCIM; S.A.C. Capital Advisors; Asset Management; Dongbu Asset Management; Eastar Investment Advisors; Advisors; Tudor Investment; United Nations Pension Fund; US Global Investors; Investment; Nan Shan Life Insurance; National Investment Trust; Paradigm
Investment Management; Carmignac Gestion; Caxton Associates; Centaurus Samsung Investment Management; Shenyin Wanguo Capital; Shikumen Capital Fides Investment Management; Franklin Templeton Investments; Goldman Sachs; Veda Asset Management; Victoria 1522 Investments; Wellington Management; Asset Management; PCA Fund Management; Polaris Securities; President
Capital; Citi; Concordia Advisors; Crédit Agricole; DWS Investments; Eurizon Management; Softbank Asia Infrastructure Fund; Spinnaker Capital; Standard Government Employee Pension Service; HeungKuk Asset Management; Hyundai Wells Capital Management; West Family Investments; William Blair & Company; Securities; Prudential; Raffia Capital; Shin Kong Investment Trust; Singfor Life
Capital; F & C Asset Management; F&C Investments; Ferox Capital Management; Pacific Capital; Stark Investments; Starr International; StoneWater Capital; Investments; IBK SG Asset Management; ING Investment Management; Xela Capital; Zesiger Capital Group Insurance; Sinopac Capital Management; SinoPac Securities; SinoStar Capital;
GAM; Gartmore; GLG Partners; Henderson Global Investors; Horizon Asset; HSBC Straus Asset Manager; Striker Capital Management; Sumitomo Mitsui Asset JPMorgan Asset Management; KB Asset Management; KDB Asset Management; Taiwan Life Asset Management; Tong An Investment; UBS; UBS Global Asset
Global Asset Management; Hutchinson Lilley Investments; J O Hambro Management; Sunshine Asset Management; T Rowe Price; Taifook Asset KITMC; Kookmin Bank; Korea Investment Trust Management; Korea Life Other: Abu Dhabi Investment Authority; Bin Zayed Group; EFG-Hermes; EverKey Management; UG FUND; United Capital Management; Vision And Insight Capital;
Investment Management; KBC Asset Management; Lansdowne Partners; Legal Management; Telligent Capital Management; Temasek Holdings; Templeton Asset Insurance; Korea Post; Korea Teachers Pension; KTB Asset Management; Kumho Global; Holowesko Partners; Legatum Capital; Sanlam Investment Managers; Yuanta Securities Investment Trust
And General Investment Management; Legg Mason International Equities; Management; Tempus Investment; Thaddeus Capital Management; The Bank of Investment Bank; Lazard Asset Management; Lehman Brothers; LS Asset Templeton Global Advisors
Lehman Brothers; Maintrust KAG; Martin Currie; Meditor Capital Management; East Asia; The Children's Investment Fund Management; The Pacific Group; The Management; Midas International Asset Management; Mirae Asset Investments; Thailand: Aberdeen Asset Management; American International Assurance;
Medvesek Pusnik Asset Management; Mondrian Investment Partners; Standard Chartered Private Bank; TM Asia Life Insurance; TPG-Axon Capital; National Pension Service; Nonghyup CA Asset Management; Orbis Investment Philippines: AIG Investments; GSIS; Land Bank of the Philippines; Metropolitan Brooker Capital; Government Pension Fund; Government Savings Bank; ING
Montpelier Asset Management; Nevsky Capital; Nordea Investment Funds; Odey Tree Line Advisors; Tribridge Investment Partners; TVC Management; UBS Research; PCA Investment Trust Management; Prudential Asset Management; Bank and Trust Funds; Kasikorn Asset Management; Krung Thai Asset Management; Lynas
Asset Management; Old Mutual Asset Manager; Oracle Management; Orkla ASA; Fundamental Investment Group; UBS Global Asset Management; UBS O'Connor; Public Officials Benefit Association; Rexiter Capital Management; Samsung Capital; Merchant Partners Securities; Muang Thai Insurance; One Asset
PD Capital Management; Pictet & Cie; Premier Asset Management; Principal UBS Wealth Management; Value Partners; Value Partners Private Equity; Vision Investments; Schroder Korea; SEI Asset Korea; SH Asset Management; Shinhan Singapore: Absolute Asia Asset Management; Acacia Capital Asia; Acadian Management; SCB Asset Management; Siam City Asset Management;
Global Investors; Prodigy Capital Partners; Pyrenees Investment Management; Finance Asset Management; VisionGain Capital; Ward Ferry Management; Bank; Shinhan BNP Paribas; Tong Yang Investment Trust Management; Truston Asset Management; ADM Capital Singapore; AEW Global Advisors; AGF Asset Thanachart Fund Management; TMB Asset Management; TMB Bank; Unicapital;
Rexiter Capital Management; Robeco; Sifter Fund; Simplicity AB; Sloane Wellchamp Capital; Wellington Global Investment Management; Winnington Asset Management; Tube Asset Management; UBS Hana Asset Management; VIP Management; AIG Investments; Alchemy Investment Management; Amansa UOB Asset Management
Robinson; Smith & Williamson; Somerset Capital Management; Swisscanto Asset Capital; WMG Asia; Yin Hua Fund Management; York Capital Management Investment Advisory; Woori Credit Suisse Asset Management Capital; Amoeba Capital; AMP Capital Investors; Apollo Management; APS Asset
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All rights reserved. All material is subject to strictly enforced copyright laws. © Euromoney Institutional Investor (Jersey) Limited 2008. OVERALL: Page 8 of 8
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All rights reserved. All material is subject to strictly enforced copyright laws. © Euromoney Institutional Investor (Jersey) Limited 2008. OVERALL: Page 8 of 8
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All rights reserved. All material is subject to strictly enforced copyright laws. © Euromoney Institutional Investor (Jersey) Limited 2008. OVERALL: Page 8 of 8
OVERALL
All rights reserved. All material is subject to strictly enforced copyright laws. © Euromoney Institutional Investor (Jersey) Limited 2008. OVERALL: Page 8 of 8
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All rights reserved. All material is subject to strictly enforced copyright laws. © Euromoney Institutional Investor (Jersey) Limited 2008. OVERALL: Page 8 of 8
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* Polling period prior to the acquisition by Nomura * Polling period prior to the acquisition by Nomura
** RBS - 2007 ranking of ABN AMRO ** RBS - 2007 ranking of ABN AMRO
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PRIME BROKING & HEDGE FUND SERVICES
BEST FOR OVERALL SERVICES BEST ALL-ROUND SOLUTIONS BEST HEDGE FUND STRATEGY
TO HEDGE FUNDS FOR PRIME BROKING (TOTAL)
Rank Firm % 2007 Rank Firm % 2007 Rank Firm % 2007
1 UBS 19.33% 1 1 UBS 34.88% 1 1 UBS 18.86% 1
2 Goldman Sachs 15.11% 3 2 Goldman Sachs 17.27% 2 2 Goldman Sachs 13.37% 4
3 Morgan Stanley 10.52% 4 3 Morgan Stanley 16.57% 3 3 CLSA 11.31% 2
4 Deutsche Bank 10.43% 2 4 Deutsche Bank 11.76% 4 4 Deutsche Bank 9.12% 3
5 CLSA 6.61% 5 5 Lehman Brothers* 4.46% - 5 Morgan Stanley 7.11% 5
6 Credit Suisse 6.10% 8 6 Citi 3.95% 5 6 Credit Suisse 4.91% 14
7 Merrill Lynch 5.11% 7 7 Credit Suisse 3.71% 9 7 Merrill Lynch 4.66% 7
8 J.P.Morgan 4.32% 10 8 Merrill Lynch 2.20% 6 8 Lehman Brothers* 4.15% 24
9 Citi 4.14% 6 9 BNP Paribas 1.62% 10 9 J.P.Morgan 3.87% 8
10 Lehman Brothers* 3.25% =20 10 Newedge 1.14% - 10 Citi 3.73% 6
11 Macquarie 2.89% 11 11 J.P.Morgan 0.75% - 11 Macquarie 3.04% 12
12 BNP Paribas 2.17% 9 12 KGI 0.72% - 12 HSBC 2.31% =15
13 HSBC 1.53% 23 13 Barclays Capital 0.36% - 13 BNP Paribas 2.10% 9
14 Nomura 1.08% 14 14 Macquarie 0.30% - 14 BOC International 1.33% =22
15 CICC 0.84% 13 15 CICC 0.24% - 15 MainFirst 1.32% -
16 BOC International 0.68% 22 16 CLSA 0.09% =7 =16 CICC 1.21% 11
17 Barclays Capital 0.57% - =16 Nomura 1.21% 13
18 MainFirst 0.55% - * Polling period prior to the acquisition by Nomura 18 Kotak 0.98% -
19 Daiwa 0.54% - 19 DBS Vickers 0.80% 10
20 Kotak 0.50% - 20 RBS 0.63% -
21 Yuanta 0.42% 24 =21 Daiwa SMBC 0.38% =29
22 RBS** 0.37% 12 =21 Enam 0.38% -
23 Newedge 0.25% - 23 Sun Hung Kai 0.28% =25
24 Motilal Oswal 0.21% - 24 Churchill Capital 0.26% -
25 DBS Vickers 0.18% 16 25 KBC 0.25% -
=26 Bloomberg 0.17% - 26 Cazenove 0.24% =19
=26 Enam 0.17% - 27 Newedge 0.23% -
28 KGI 0.16% 19 =28 Fubon 0.15% -
29 KE Absolute 0.13% - =28 Itaú 0.15% -
30 BBY 0.12% - =28 KGI 0.15% =19
=28 Libertas Capital 0.15% -
* Polling period prior to the acquisition by Nomura =28 Mizuho 0.15% -
** RBS - 2007 ranking of ABN AMRO =28 RBC 0.15% -
=28 SBICAP 0.15%
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PRIME BROKING & HEDGE FUND SERVICES
BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY
(AGGRESSIVE GROWTH) (DISTRESSED SECURITIES) (EMERGING MARKETS)
Rank Firm % 2007 Rank Firm % 2007 Rank Firm % 2007
1 CLSA 35.51% 1 1 Deutsche Bank 25.83% 2 1 UBS 20.34% 1
2 UBS 11.25% 2 2 Merrill Lynch 20.20% - 2 CLSA 14.22% 2
3 Goldman Sachs 9.94% =5 3 UBS 16.56% 3 3 Morgan Stanley 9.88% 14
4 Deutsche Bank 7.79% 3 =4 Citi 6.62% =8 4 Merrill Lynch 8.83% 3
5 Merrill Lynch 7.01% 11 =4 Goldman Sachs 6.62% 1 5 Deutsche Bank 8.37% 7
6 Morgan Stanley 5.26% 8 =6 HSBC 5.30% =8 6 Goldman Sachs 7.21% 4
7 Credit Suisse 3.80% =24 =6 KGI 5.30% .- 7 J.P.Morgan 5.81% =5
8 Citi 3.51% =5 =6 Libertas Capital 5.30% - 8 Credit Suisse 5.23% 13
=9 J.P.Morgan 2.92% =12 9 Kotak 3.97% - 9 Citi 5.11% =10
=9 Nomura 2.92% 27 10 IDFC-SSKI 0.33% - 10 HSBC 3.25% -
=11 Fubon 2.34% - 11 RBS 2.56% -
=11 HSBC 2.34% =18 12 Macquarie 2.32% =5
13 CICC 2.05% 7 =13 Itaú 1.86% -
14 BNP Paribas 1.75% 9 =13 Lehman Brothers* 1.86% -
15 Sun Hung Kai 1.46% - 15 BNP Paribas 1.16% =10
16 IDFC-SSKI* 0.15% 20 16 DBS Vickers 1.05% 9
17 CICC 0.93% 8
* IDFC-SSKI - 2007 ranking of SSKI
* Polling period prior to the acquisition by Nomura
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PRIME BROKING & HEDGE FUND SERVICES
BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY
(FUND OF FUNDS) (INCOME) (MACRO)
Rank Firm % 2007 Rank Firm % 2007 Rank Firm % 2007
1 UBS 29.70% 1 1 Deutsche Bank 21.71% =2 1 Goldman Sachs 23.81% 1
2 Goldman Sachs 17.82% 3 2 UBS 19.38% 1 2 UBS 15.91% 3
3 BNP Paribas 10.89% 6 3 Morgan Stanley 14.73% =7 3 CLSA 11.58% 2
4 CICC 9.90% - 4 HSBC 12.40% - 4 Morgan Stanley 7.41% 4
=5 Credit Suisse 7.92% - 5 BOC International 7.75% - 5 Lehman Brothers* 6.32% -
=5 HSBC 7.92% - =6 DBS Vickers 6.20% - 6 Deutsche Bank 6.07% 5
=5 KBC 7.92% - =6 Merrill Lynch 6.20% =2 7 HSBC 5.83% 9
=5 Lehman Brothers* 7.92% - 8 Newedge 4.65% - =8 CICC 4.37% -
9 Lehman Brothers* 3.10% - =8 J.P.Morgan 4.37% 6
* Polling period prior to the acquisition by Nomura =10 Citi 1.94% - =10 Citi 3.89% 7
=10 Credit Suisse 1.94% - =10 Credit Suisse 3.89% -
12 BOC International 2.55% 10
* Polling period prior to the acquisition by Nomura =13 Daiwa SMBC 1.94% -
=13 Macquarie 1.94% 12
15 RBS 0.12% -
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PRIME BROKING & HEDGE FUND SERVICES
BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY
(MARKET TIMING) (OPPORTUNISTIC) (MULTI STRATEGY)
Rank Firm % 2007 Rank Firm % 2007 Rank Firm % 2007
1 CLSA 20.30% 1 1 Goldman Sachs 20.74% 8 1 UBS 27.26% 1
2 UBS 16.39% 2 2 CLSA 13.56% 1 2 Deutsche Bank 19.00% 2
=3 Credit Suisse 12.29% =11 3 Morgan Stanley 9.18% 6 3 Goldman Sachs 14.97% 5
=3 Goldman Sachs 12.29% 7 4 UBS 7.78% 3 4 J.P.Morgan 11.52% 9
5 Morgan Stanley 10.43% 3 5 Deutsche Bank 7.45% 7 5 Lehman Brothers* 5.37% =10
6 Nomura 5.21% =11 6 Citi 7.38% 9 6 CLSA 4.41% =6
7 BNP Paribas 3.91% =15 7 BNP Paribas 6.38% 2 =7 BNP Paribas 3.84% -
=8 Deutsche Bank 3.72% =5 =8 J.P.Morgan 3.99% 11 =7 Morgan Stanley 3.84% 4
=8 HSBC 3.72% =15 =8 Merrill Lynch 3.99% 5 9 MainFirst 3.07% -
=8 Merrill Lynch 3.72% =5 =10 Lehman Brothers* 3.19% - =10 Citi 2.30% 3
=11 RBS 2.23% - =10 MainFirst 3.19% - =10 Kotak 2.30% -
=11 Lehman Brothers* 2.23% - =10 SBICAP 3.19% - 12 Credit Suisse 1.15% -
13 J.P.Morgan 1.86% - =13 Credit Suisse 2.39% =12 13 Merrill Lynch 0.96% =6
14 CICC 1.12% 9 =13 Daiwa SMBC 2.39% =12
15 Hyundai 0.56% - =13 Kotak 2.39% - * Polling period prior to the acquisition by Nomura
16 Macquarie 1.99% -
* Polling period prior to the acquisition by Nomura 17 Hyundai 0.60% -
18 IDFC-SSKI 0.20% -
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PRIME BROKING & HEDGE FUND SERVICES
BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY
(SHORT SELLING) (SPECIAL SITUATIONS) (VALUE)
Rank Firm % 2007 Rank Firm % 2007 Rank Firm % 2007
1 UBS 23.33% 2 1 UBS 22.25% 6 1 CLSA 17.29% 2
2 Goldman Sachs 14.35% 4 2 Merrill Lynch 14.89% 2 2 UBS 13.56% 1
3 Morgan Stanley 13.85% 1 3 Goldman Sachs 12.32% 7 3 Goldman Sachs 9.57% 3
4 Deutsche Bank 11.82% 3 4 Deutsche Bank 8.78% 1 4 Citi 8.64% 5
5 Lehman Brothers* 8.11% =9 5 Morgan Stanley 8.56% 3 5 J.P.Morgan 7.98% 4
6 CLSA 7.18% =7 6 Credit Suisse 7.70% 14 6 Deutsche Bank 6.65% 8
7 Credit Suisse 7.09% - 7 Lehman Brothers* 5.48% - 7 DBS Vickers 5.32% -
8 BNP Paribas 3.04% =7 =8 BOC International 3.42% - =8 RBS 4.26% -
9 HSBC 2.20% =9 =8 CICC 3.42% =11 =8 Kotak 4.26% -
10 J.P.Morgan 1.69% =9 =8 Enam 3.42% - 10 Macquarie 3.72% -
11 Nomura 1.35% - 11 MainFirst 2.74% - 11 Credit Suisse 2.66% -
=12 Barclays Capital 1.01% - =12 J.P.Morgan 2.05% 4 12 BNP Paribas 2.53% 7
=12 Citi 1.01% 5 =12 Kotak 2.05% - =13 CICC 2.13% =9
=12 Kotak 1.01% - 14 Bank of America 1.71% - =13 HSBC 2.13% -
=12 Primasia 1.01% - 15 Citi 1.03% 5 =13 Morgan Stanley 2.13% 6
16 Merrill Lynch 0.93% 6 16 CLSA 0.17% 9 =16 Lehman Brothers* 1.60% -
17 CICC 0.68% - =16 Yuanta 1.60% -
18 BOC International 0.34% - * Polling period prior to the acquisition by Nomura =18 Merrill Lynch 1.33% 12
=18 Sun Hung Kai 1.33% -
* Polling period prior to the acquisition by Nomura 20 Cazenove 1.20% -
21 IDFC-SSKI** 0.13% =9
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PRIME BROKING & HEDGE FUND SERVICES
BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY
(QUANT) (CONVERTIBLE ARBITRAGE) (EQUITY LONG/SHORT)
Rank Firm % 2007* Rank Firm % 2007* Rank Firm % 2007*
1 Credit Suisse 14.49% 1 Deutsche Bank 16.78% 1 UBS 27.77%
2 Macquarie 13.68% 2 J.P.Morgan 14.77% 2 Goldman Sachs 15.36%
=3 CLSA 11.07% 3 UBS 14.09% 3 CLSA 14.71%
=3 UBS 11.07% =4 BOC International 6.71% 4 Deutsche Bank 11.96%
5 Lehman Brothers** 8.85% =4 Citi 6.71% 5 Morgan Stanley 7.36%
6 Nomura 6.44% =4 Nomura 6.71% 6 Citi 4.60%
7 J.P.Morgan 5.23% =7 BNP Paribas 5.37% 7 Lehman Brothers** 3.31%
8 Citi 4.83% =7 Cazenove 5.37% =8 J.P.Morgan 2.94%
=9 BOC International 4.02% =7 Goldman Sachs 5.37% =8 Macquarie 2.94%
=9 Merrill Lynch 4.02% =7 Lehman Brothers** 5.37% 10 BOC International 1.84%
=11 Goldman Sachs 3.22% =7 MainFirst 5.37% 11 Merrill Lynch 1.56%
=11 MainFirst 3.22% 12 Credit Suisse 4.03% 12 MainFirst 1.47%
=11 Mizuho 3.22% 13 Merrill Lynch 3.36% 13 Guotai Junan 1.23%
=14 BNP Paribas 2.01% 14 Daiwa SMBC 1.10%
=14 KBC 2.01% * Category not polled in 2007 15 HSBC 1.01%
=14 Morgan Stanley 2.01% ** Polling period prior to the acquisition by Nomura 16 BNP Paribas 0.83%
17 Deutsche Bank 0.60%
* Category not polled in 2007
* Category not polled in 2007 ** Polling period prior to the acquisition by Nomura
** Polling period prior to the acquisition by Nomura
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PRIME BROKING & HEDGE FUND SERVICES
BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY BEST HEDGE FUND STRATEGY
(EVENT DRIVEN) (MANAGED FUTURES) (COMMODITIES)
Rank Firm % 2007* Rank Firm % 2007* Rank Firm % 2007*
1 UBS 16.68% 1 UBS 39.41% 1 Goldman Sachs 34.29%
2 Merrill Lynch 13.85% 2 Lehman Brothers** 11.73% 2 Macquarie 27.14%
3 Goldman Sachs 10.72% =3 Credit Suisse 10.42% 3 UBS 8.80%
4 CLSA 10.43% =3 Morgan Stanley 10.42% 4 CLSA 6.85%
5 Deutsche Bank 9.14% 5 J.P.Morgan 6.51% =5 DBS Vickers 3.67%
6 Morgan Stanley 8.94% =6 BNP Paribas 5.21% =5 Lehman Brothers** 3.67%
7 Credit Suisse 7.15% =6 Goldman Sachs 5.21% =7 Citi 2.93%
=8 Churchill Capital 4.17% =6 MainFirst 5.21% =7 Deutsche Bank 2.93%
=8 Citi 4.17% 9 Newedge 3.91% =7 MainFirst 2.93%
10 Enam 2.98% 10 UOB Kay Hian 1.95% =7 RBC 2.93%
=11 BOC International 2.38% 11 Sun Hung Kai 1.83%
=11 HSBC 2.38% * Category not polled in 2007 12 UOB Kay Hian 1.10%
=13 Kotak 1.79% ** Polling period prior to the acquisition by Nomura 13 Argonaut 0.92%
=13 MainFirst 1.79%
=13 Nomura 1.79% * Category not polled in 2007
16 KE Absolute 1.19% ** Polling period prior to the acquisition by Nomura
17 Hyundai 0.45%
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PRIME BROKING & HEDGE FUND SERVICES
BEST HEDGE FUND IDEAS MOST PROACTIVE SERVICES BEST DEPTH & QUALITY OF INVENTORY
IN RELATION TO HEDGE FUND COVERAGE FOR STOCK LOAN
Rank Firm % 2007 Rank Firm % 2007 Rank Firm % 2007
1 UBS 16.68% 1 1 UBS 19.94% 1 1 UBS 23.25% 1
2 Goldman Sachs 15.53% 5 2 Goldman Sachs 13.52% 5 2 Goldman Sachs 21.28% 2
3 CLSA 11.30% 2 3 Morgan Stanley 9.96% 4 3 Morgan Stanley 16.96% 3
4 Deutsche Bank 9.23% 3 4 CLSA 9.77% 3 4 Deutsche Bank 9.28% 4
5 Morgan Stanley 8.87% 4 5 Deutsche Bank 8.90% 2 5 Merrill Lynch 5.67% 5
6 Merrill Lynch 5.99% 7 6 Merrill Lynch 5.43% 7 6 Lehman Brothers* 4.69% 9
7 Credit Suisse 5.82% 8 7 Credit Suisse 5.37% 8 7 Credit Suisse 3.62% 6
8 Citi 4.40% 6 8 Citi 4.59% 6 8 Citi 3.05% 7
9 J.P.Morgan 4.05% 10 9 Macquarie 3.81% 11 9 J.P.Morgan 2.94% -
10 Macquarie 3.81% 9 10 J.P.Morgan 3.79% 9 10 BNP Paribas 1.86% =15
11 Lehman Brothers* 2.47% - 11 Lehman Brothers* 2.83% - 11 HSBC 1.57% 17
12 HSBC 2.17% =25 12 HSBC 1.60% =19 12 Nomura 1.31% 18
13 Nomura 2.14% 14 13 CICC 1.53% 12 13 Macquarie 0.87% 13
14 BNP Paribas 1.54% 11 14 BNP Paribas 1.40% 10 14 Yuanta 0.80% 14
15 Yuanta 0.75% 18 15 BOC International 0.89% 15 15 CLSA 0.64% =11
16 CICC 0.69% 12 16 Nomura 0.82% 18 16 CICC 0.61% -
17 Mitsubishi UFJ 0.53% - 17 Daiwa SMBC 0.75% - 17 Barclays Capital 0.57% -
=18 Daiwa SMBC 0.43% - =18 Barclays Capital 0.53% - 18 MainFirst 0.45% -
=18 Kotak 0.43% - =18 MainFirst 0.53% - 19 RBS** 0.23% 10
=18 KE Absolute 0.43% - 20 Yuanta 0.50% 22 20 BOC International 0.19% -
=21 Enam 0.36% - =21 Churchill Capital 0.43% - 21 KGI 0.15% =11
=21 Motilal Oswal 0.36% - =21 RBS** 0.43% =16 22 IDFC-SSKI 0.02% -
=23 RBS** 0.32% 16 =23 Shenyin & Wanguo 0.36% -
=23 BOC International 0.32% 15 =23 Motilal Oswal 0.36% - * Polling period prior to the acquisition by Nomura
=25 MainFirst 0.28% - 25 Edelweiss 0.34% - ** RBS - 2007 ranking of ABN AMRO
=25 Hyundai 0.28% - =26 SBI E2-Capital 0.28% -
27 Ord Minnett 0.27% - =26 KE Absolute 0.28% -
28 Barclays Capital 0.21% - =28 Kotak 0.21% -
29 IIFL 0.16% - =28 Southern Cross Equities 0.21% -
30 BBY 0.11% - 30 Mitsubishi UFJ 0.18% -
* Polling period prior to the acquisition by Nomura * Polling period prior to the acquisition by Nomura
** RBS - 2007 ranking of ABN AMRO ** RBS - 2007 ranking of ABN AMRO
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PRIME BROKING & HEDGE FUND SERVICES
* Polling period prior to the acquisition by Nomura * Polling period prior to the acquisition by Nomura
** RBS - 2007 ranking of ABN AMRO ** RBS - 2007 ranking of ABN AMRO
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PRIME BROKING & HEDGE FUND SERVICES
BEST HEDGE FUND BEST FOR ELECTRONIC TRADING BEST PRODUCT INNOVATION
DERIVATIVES RESEARCH (ALGORITHMIC TRADING & DMA) FOR PRIME BROKING
Rank Firm % 2007 Rank Firm % 2007 Rank Firm % 2007
1 Goldman Sachs 21.76% 4 1 UBS 21.89% 1 1 UBS 34.40% 1
2 UBS 18.25% 1 2 Credit Suisse 17.84% 2 2 Goldman Sachs 20.32% 2
3 Deutsche Bank 13.72% 2 3 Goldman Sachs 11.66% 3 3 Morgan Stanley 16.74% 3
4 Morgan Stanley 8.37% 5 4 Morgan Stanley 9.20% 4 4 Deutsche Bank 10.92% 4
5 Merrill Lynch 7.50% 3 5 Deutsche Bank 6.59% 6 5 Lehman Brothers* 5.99% 10
6 BNP Paribas 4.94% 7 6 Lehman Brothers* 4.60% 18 6 Merrill Lynch 3.16% 6
7 Citi 4.80% 6 7 Macquarie 4.54% =16 7 BNP Paribas 2.38% 11
8 J.P.Morgan 4.00% 8 8 J.P.Morgan 3.82% 10 8 J.P.Morgan 1.64% -
9 Credit Suisse 3.30% 9 9 Citi 3.68% 8 9 Citi 1.61% 5
10 CLSA 2.09% 11 10 CLSA 2.22% - 10 Credit Suisse 1.13% =8
11 Lehman Brothers* 2.02% 10 11 Bloomberg 2.21% 21 11 Newedge 1.03% -
12 Barclays Capital 1.25% =17 12 BNP Paribas 2.05% 9 12 Nomura 0.52% -
13 Daiwa Institute of Research 1.11% - 13 Merrill Lynch 1.93% 7 13 CLSA 0.15% -
14 Macquarie 1.04% 14 14 Barclays Capital 1.80% 19
15 MainFirst 0.83% - 15 CICC 1.12% - * Polling period prior to the acquisition by Nomura
16 HSBC 0.77% - 16 Newedge 0.93% -
17 Calyon 0.70% - 17 DBS Vickers 0.65% -
18 RBS** 0.63% 12 =18 BBY 0.56% -
19 KGI 0.56% - =18 ITG 0.56% -
=20 BBY 0.42% - =18 EMS 0.56%
=20 Newedge 0.42% - 21 Daiwa SMBC 0.50% -
=20 CICC 0.42% - 22 MetaBit 0.37% -
23 Kotak 0.31% - =23 KGI 0.25% -
24 KBC 0.28% - =23 HSBC 0.25% =16
=25 Nomura 0.21% - 25 Saxo Bank 0.19% 11
=25 Société Générale 0.21% - 26 Interactive Brokers 0.05% -
27 Saxo Bank 0.10% -
* Polling period prior to the acquisition by Nomura
* Polling period prior to the acquisition by Nomura
** RBS - 2007 ranking of ABN AMRO
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AUSTRALIA
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AUSTRALIA
* RBS - 2007 ranking of ABN AMRO * RBS - 2007 ranking of ABN AMRO
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SINGAPORE
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* Polling period prior to the acquisition by Nomura * Polling period prior to the acquisition by Nomura
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THAILAND
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