Hong Kong – Citi was chosen as the top provider of equity research and equities sales in Asia—excluding Japan—in Institutional Investor's (II) 2019 All-Asia Sales Team.
The result was determined based on responses from some 1,600 investment professionals representing more than 650 buy-side firms, who rated providers on their sales coverage across 12 countries and sectors. In a total over 290,000 votes were cast by Asian investment professionals a record for these awards which are regarded as the benchmark for Asian research and sales.
This year voters' responses were weighted based on their relevant equity commissions. Citi ranked in the #1 position in 17 out of a total of 34 research categories.
In the editorial write up on the award, the magazine said: "Citi's efforts appear to be paying off: In addition to leading the commission-weighted ranking, Citi also topped a second leaderboard weighted by each voting firm's Asian ex-Japan equity assets under management."
"These results are a credit to the strong team we have across the region. To excel in Asia you need a diverse team that is well-coordinated across specific country coverage and well connected to regional and global markets. Citi's market leading platform consistently delivers our strong network for clients and I would like to congratulate the whole team on this recognition," said Stuart Staley, Citi's Asia Pacific Head of Markets & Securities Services.
Citi ranked in the #1 position in 17 out of a total of 34 categories.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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