Nomura launches Thailand equity research coverage

business August 29, 2012 00:00

By The Nation

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After Malaysia and Indonesia, Nomura, a leading Japanese investment bank, is including Thailand in its equity research, indicating growing interesting of Japanese investors in the Thai stock market.



 

 
 
 
 
Nomura, now No.1 in terms of its Asia-Pacific equity research coverage that covers 1,345 stocks across the region including 158 in Southeast Asian, launched its equity research coverage in Malaysia in 2009 and Indonesia in 2010. 
In a statment, Nomura said that it has partnered with Bangkok-based Capital Nomura Securities (CNS) to build an experienced team of equity research analysts to 
produce equity research for Nomura’s global institutional client base.  
 
“Over the years, we have been consistently building up Nomura’s equity research franchise across the region and the launch of the equity research coverage in Thailand reflects our commitment to further broaden the scope of our research product for our clients,” said Jit Soon Lim, Nomura’s Head of Equity Research, Southeast Asia. 
 
Nithi Wanikpun has joined CNS as Director and Head of Research, managing this team. He will be responsible for producing Nomura’s Thai equity strategy and energy sector research, supervised by Jit Soon Lim, Nomura’s Head of Equity Research, Southeast Asia. Nithi joins CNS from BNP Paribas where he was covering the energy sector. Prior to that, he was head of equity and research at SCB Securities.  
 
Rounding off the team are James Moss covering banks, Piyathida Vongvivathchai covering 
property, Ploenjai Jirajarus covering agri-food, Samanan Polsomboonchok covering small-caps, 
Piyachat Ratanasuvan covering telecommunications and Nuchjarin Panarode covering 
macroeconomics.