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What Investors Really Want

Investors reveal which attributes are crucial in a good analyst and which matter less than you might think.


   To find out which analyst attributes investors consider to be most valuable, we asked All-Asia Research Team survey respondents to rate 14 research attributes on importance. Industry knowledge emerged as the most prized quality, followed by accessibility and responsiveness, while market making and execution mattered least.


Rank  Attribute >= $10B $2.5B - $9.9B $1B - $2.49B $.3B - $.999B < $.3B
1  Industry Knowledge 1 1 1 1 1
2  Accessibility/Responsiveness 2 2 2 3 2
3  Local Market Knowledge 3 4 5 2 3
4  Management Access 8 3 4 5 4
5  Stock Selection 7 6 6 4 5
6  Useful/Timely Calls & Visits 4 5 3 6 8
7  Independence from Corporate Finance 5 7 8 9 6
8  Written Reports 11 8 7 7 9
9  Communication Skills 9 9 9 8 10
10  Financial Models 6 12 11 10 11
11  Special Services 10 10 12 12 7
12  Earnings Estimates 12 11 10 11 12
13  Quality of Sales Force 13 13 13 13 13
14  Market Making/Execution 14 14 14 14 14
 
Money Managers weighed in and II listened. See who emerged from their feedback as the Top Asian Equity Research Analysts.

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