Morgan Stanley is enlarging its Asian equity research team by more than 35%, as part of a region-wide expansion.
Andy Brown will take up the position of managing director and head up regional banking coverage. Brown, who will be based in Hong Kong, was most recently with Deutsche Bank, where he was head of global emerging markets banks research.
New members of the regional banks team include:
- Daniel Yoo, who joins from CLSA and will cover Korean banks (based in Seoul);
- Anlina Chiew, who joins from Merrill Lynch and will cover Singaporean and Malaysian banks (based in Singapore); and
- Andrew Fleming, who also joins from Merrill Lynch and will cover Australian banks (based in Sydney).
"We have added highly acclaimed talent to our regional financial institutions franchise, and are confident that the strength of this team is a winning combination," says Vineet Nagrani, managing director and director of equity research for non-Japan Asia.
The TMT team
The following appointments have been made to the integrated 'TMT' research team, which covers technology, telecoms, internet and media:
- John Chan, previously a technology analyst at GK Goh, will take up the same position from his base in Singapore.
- Mitchell Kim takes up the position as an analyst of Korean telecom, and will be based in Seoul.
- Heather Hsu joins as a telecom analyst from ING Barings, and will be based in Taipei.
There are three recruits to the internet & media team:
- David Wanis joins from Merrill Lynch (in Sydney);
- Sanjay Kumar joins from ASK Raymond James (in Mumbai); and
- and Todd Bryan joins from Boston Consulting Group (in Singapore).
"We have focused our recent hiring efforts on expanding our TMT teams, underscoring our commitment to the space in the region, thus adding to our strong global research and investment banking capabilities," Nagrani says.
And finally, Chris Huang has been appointed vice-president and regional utilities analyst, and Tim Bacchus becomes transportation analyst. Both are joining from Deutsche Bank and will be based in Hong Kong.