Asset Benchmark Research
Top five investment houses in Asian local currency bonds for 2018
China
2018 Position
2017 Position
Investment House
1
-
China Southern Fund Management
2
-
China Merchants Bank
3
-
China Zheshang Bank
Hong Kong
2018 Position
2017 Position
Investment House
1
2
China Life Franklin Asset Management
2
1
HSBC / Global Asset Management / Private Bank
3 =
3
Manulife Asset Management
4
-
Bank of China Hong Kong / Asset Management
5
-
BEA Union Investment Management
India
2018 Position
2017 Position
Investment House
1 =
1
ICICI Prudential Asset Management / Life Insurance
2 =
2
Reliance Nippon Life Asset Management / Life Insurance
3 =
3
HDFC Standard Life Insurance
4 =
4
IDFC Asset Management
5
-
SBI Funds Management
Indonesia
2018 Position
2017 Position
Investment House
1 =
1
Manulife Aset Manajemen Indonesia
2
-
Mandiri Manajemen Investasi / Bank Mandiri
3
2
BNP Paribas Investment Partners
4
3
Schroder Investment Management
5
4
Batavia Prosperindo Aset Manajemen
Malaysia
2018 Position
2017 Position
Investment House
1
-
Employees Provident Fund
2
1
Etiqa Insurance & Takaful
3
2
RHB Asset Management
4
-
Affin Hwang / Aiiman Asset Management
5
-
Kumpulan Wang Persaraan (KWAP)
Philippines
2018 Position
2017 Position
Investment House
1 =
1
Bank of the Philippine Islands
2
4
ATRAM Trust Corporation
3
2
Metrobank
4
5
Philam Life and Philam Asset Management
5
-
Manulife Asset Management and Trust Corporation / Manulife Philippines
Singapore
2018 Position
2017 Position
Investment House
1 =
1
Eastspring Investments
2 =
2
Allianz Global Investors
3
-
Nikko Asset Management
4
-
Western Asset Management
5
4
Schroder Investment Management
Taiwan
2018 Position
2017 Position
Investment House
1 =
1
Taipei Fubon Bank / Life Insurance
2
-
Cathay United Bank / Life Insurance
3
2
Yuanta Commercial Bank / Securities
4
-
Shin Kong Commercial Bank / Life Insurance
5
4
China Life Insurance
5
-
Taishin International Bank
Thailand
2018 Position
2017 Position
Investment House
1 =
1
Kasikorn Asset Management
2 =
2
SCB Asset Management
3 =
3
Government Pension Fund
4 =
4
MFC Asset Management
4
5
Krungsri Asset Management
- Denotes no position in 2017
Methodology
The ranking for the top five investment houses in Asian local currency bonds is based on the number of votes, received from the top-rated analysts, economist and strategists, salespeople and traders, for investors in these institutions. The score is also subject to a weighting methodology which is determined by the rating of the individual casting the vote for the investors. More than 300 different institutions across the region including asset managers, insurance companies, banks and securities firms were evaluated to generate the 2018 ranking.
The awardees of top five investment houses in Asian local currency bonds for 2018 will be honoured at a gala dinner. Further details of the gala dinner can be found here.