September 30, 2014

Thomson Reuters Announces Winners of 2014 StarMine Analyst Awards - Singapore

RHB Research Institute recognized as the top brokerage firm; William Tng of CIMB Research and Claire Teng of Standard Chartered Bank take top individual awards

Singapore - StarMine, a Thomson Reuters company, today announced the winners of the 2014 StarMine Analyst Awards – Singapore. This is the ninth year that StarMine has presented its awards to the top stock analysts and brokerage firms in Singapore.

StarMine, a leading provider of objective ratings of sell-side securities analysts, measures the performance of analysts based on the industry excess returns of their buy/sell recommendations and the accuracy of their earnings estimates. The 2014 awards recognize the sell-side analysts who have shown outstanding performance either as stock pickers and/or earnings estimators during the fiscal period that reported between July 1, 2013 and June 30, 2014.

"The sell-side research environment remained as interesting as ever as market forces played a dominant influence on the direction and volatility of markets, making the analysts' job as tough as ever. Analysts had to be responsive to the changes in the sorts of research and analysis requested by fund managers," said Raj Shah, head of StarMine sell-side research and analytics at Thomson Reuters. "Winning analysts were those that successfully differentiated, or had a mix of names that would go down as well as up, and scored well for issuing estimates that were timely and different from consensus. Congratulations to all of this year's award-winning analysts."

Analysts are awarded prizes in three main categories: stock recommendation performance relative to specific industry benchmarks (Stock Pickers), accuracy in forecasting earnings as compared with peers (Earnings Estimators) and brokerage firms whose analysts win the most awards (Most Award-Winning Brokers).

The winners of StarMine Analysts Awards 2014 – Singapore are:

Most Award-Winning Brokers

Rank

Broker

1 RHB Research Institute
2 CIMB Research
3 Macquarie Research

About StarMine Analyst Awards

The StarMine Analyst Awards recognise the world's top individual analysts and sell-side firms based on the objective measurement of their estimate accuracy and recommendation performance. The StarMine Awards are calculated using StarMine equity analyst performance data, which has been rigorously tested and proven in the marketplace since 1998. The StarMine Analyst Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrates exceptional performance throughout the professional investment community. StarMine is dedicated to making investment research smarter. It streamlines the equity research process for portfolio managers and analysts, filtering the noise and providing insightful alerts that help to efficiently monitor portfolios for the most relevant analyst revisions and changes to company financial statements. For more information on StarMine, click here.

Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com.