May 22, 2017

Thomson Reuters Analyst Awards 2017: Winners of Asia Awards announced

Citi Research recognized as the top brokerage firm; Jamie Wang, of Nomura, and Arthur Liao, of Fubon Securities, take top individual awards

Hong Kong – Thomson Reuters today announced the winners of the 2017 Thomson Reuters Analyst Awards for Asia. This is the thirteenth year that the awards have been presented to the top stock analysts and brokerage firms across Asia.

The Awards, based on the Thomson Reuters StarMine objective ratings of sell-side securities analysts, measure the performance of analysts based on the industry excess returns of their buy/sell recommendations and the accuracy of their earnings estimates. The 2017 awards recognise the sell-side analysts who have shown outstanding performance either as stock pickers based on the calendar year of 2016, and/or earnings estimators on the fiscal period that reported between April 1, 2016 and March 31, 2017.

Raj Shah, the head of StarMine sell-side research awards at Thomson Reuters, said, “These coveted awards provides a prism through which sell-side analysts highlight their skill and timing of recommendation and estimates performance, and invariably the quality of their research to the discerning institutional buy-side client along the research continuum. My congratulations to all the ranked analysts on providing truly differentiated research and extracting outsized returns from their coverage.”

"We are honoured to be StarMine's top ranked research team in Asia this year. Our ability to balance both global thought leadership and Alpha generation is critical to helping our clients succeed. This reflects the continuation of our substantial commitment to Asia research and the emphasis we place on stock recommendations and company forecasts as part of our broader research product offering. We are, therefore, delighted to receive this award as recognition of our efforts," said Brent Robinson, Head of Pan Asia Research, at Citi.

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 the Thomson Reuters Analyst Awards 2017 for Asia are:

Most Award-Winning Brokers

Rank Broker
1 Citi Research
2 Credit Suisse
3 Morgan Stanley Investment Research

Overall Stock Picker

Rank Analyst Broker
1 Jamie Wang Nomura

Overall Earnings Estimator

Rank Analyst Broker
1 Arthur Liao Fubon Securities

About The Thomson Reuters Analyst Awards

Thomson Reuters Analyst Awards are globally recognized as the gold standard in objective measurement of sell-side analyst performance. The awards recognize the world's top individual sell-side analysts and firms, and are available to buy-side firms to identify the leading analysts at sell-side firms. The Thomson Reuters Analyst Awards, formerly Thomson Reuters StarMine Analyst Awards, measure the performance of sell-side analysts based on the returns of their buy and sell recommendations relative to industry benchmarks; and the accuracy of their earnings estimates in 14 regions across the globe. 

About Thomson Reuters

Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit