KangaNews Fixed-Income Research Poll 2022: results announced
KangaNews is pleased to reveal the results of its 12th annual Fixed-Income Research Poll, a survey that asks institutional investors in the Australian fixed-income market to rank the research they receive across a range of sectors.
National Australia Bank (NAB) once again comes out on top in the overall category – the third year in a row. It also wins back first place for macroeconomic research – having had a five-year winning streak in the category broken by Westpac in 2021 – while retaining best research on foreign exchange, trade ideas and relative value, and global markets.
Commonwealth Bank of Australia continues its dominance in the rates category and improves by one place upon last year’s third place in the categories on corporates and financial institutions, regional markets, and sustainability and environmental, social and governance (ESG) research. It also jumps to second, from fourth last year, on best macroeconomic research.
ANZ wins best research on sustainability and ESG, maintains its top spot for regional research and markedly improves its position for best global research – finishing second in 2022 having been outside the top five in 2021. It also improves its placings in research on corporates and financial institutions and trade ideas and relative value.
Westpac wins best research and analysis on Australian corporates and financial institutions from NAB and retains best research on structured finance for the fifth straight year.
2022 full results
* Denotes 2021 category winner or joint winners
Which team provides the best overall research on Australian fixed income?
| Rank | Institution | Team |
|---|---|---|
| 1 | National Australia Bank* | Skye Masters, Ken Crompton, Michael Bush, Ken Hanton, Ivan Colhoun, Tapas Strickland, Taylor Nugent, Ray Attrill and Baden Moore |
| 2 | Commonwealth Bank of Australia | Martin Whetton, Phillip Brown, Tally Dewan and Stephen Halmarick |
| 3 | ANZ | David Plank, Jack Chambers, Hayden Dimes, Felicity Emmett, Catherine Birch, Adelaide Timbrell, Daniel Been and Richard Yetsenga |
| 4 | Westpac | Damien McColough, Martin Jacques, Brendon Cooper, Duncan Chellew and Jessica Ren |
| 5 | Citi | Steven Mansell and Anthony Ip |
Source: KangaNews 30 May 2022
Which team provides the best research and analysis of Australian government, semi-government , and Australian dollar SSA bonds?
| Rank | Institution | Team |
|---|---|---|
| 1 | Commonwealth Bank of Australia* | Martin Whetton and Philip Brown |
| 2 | National Australia Bank | Skye Masters and Ken Crompton |
| 3 | ANZ | Jack Chambers, Hayden Dimes and David Plank |
| 4 | Westpac | Damien McColough and Jessica Ren |
| 5 | UBS | George Tharenou, Giulia Specchia, Nic Guesnon and Michael Cloherty |
Source: KangaNews 30 May 2022
Which team provides the best research and analysis on foreign exchange?
| Rank | Institution | Team |
|---|---|---|
| 1 | National Australia Bank* | Ray Attrill, Rodrigo Catril, Jason Wong and Gavin Friend |
| 2 | Westpac | Robert Rennie, Sean Callow and Richard Franulovich |
| 3 | Commonwealth Bank of Australia | Joe Capurso, Kim Mundy, Carol Kong and Elias Haddad |
| 4 | ANZ | Daniel Been and John Bromhead |
| 5 | Deutsche Bank | Tim Baker, George Saravelos, Alan Ruskin and team |
Source: KangaNews 30 May 2022
Which team provides the best research and analysis on structured finance?
| Rank | Institution | Team |
|---|---|---|
| 1 | Westpac* | Martin Jacques |
| 2 | Commonwealth Bank of Australia | Tally Dewan |
| 3 | National Australia Bank | Ken Hanton |
| 4 | ANZ | ANZ Research |
Source: KangaNews 30 May 2022
Which team provides the best research and analysis on Australian corporations and financial institutions?
| Rank | Institution | Team |
|---|---|---|
| 1 | Westpac | Brendon Cooper, Martin Jacques and Duncan Chellew |
| 2 | Commonwealth Bank of Australia | Tally Dewan |
| 3 | National Australia Bank* | Michael Bush |
| 4 | ANZ | ANZ Research |
| 5 | Citi | Anthony Ip |
Source: KangaNews 30 May 2022
Which team provides the best trade ideas and research on relative value?
| Rank | Institution | Team |
|---|---|---|
| 1 | National Australia Bank* | Skye Masters and Ken Crompton |
| 2 | Commonwealth Bank of Australia | Martin Whetton and Phillip Brown |
| 3 | ANZ | Daniel Been, Jack Chambers, Hayden Dimes and David Plank |
| 4 | Westpac | Damien McColough and Jessica Ren |
| 5 | Citi | Steven Mansell and Anthony Ip |
Source: KangaNews 30 May 2022
Which team provides the best research on global markets in terms of its value to Australian fixed-income investors?
| Rank | Institution | Team |
|---|---|---|
| 1 | National Australia Bank* | Ray Attrill, Tapas Strickland, Rodrigo Catril, David de Garis, Gavin Friend, Skye Masters, Ken Crompton, Tony Kelly and Gerard Burg |
| 2 | ANZ | Richard Yetsenga, Tom Kenny, Brian Martin and Daniel Been |
| 3 | Commonwealth Bank of Australia | Joe Capurso, Kim Mundy, Martin Whetton, Phillip Brown, Elias Haddad, Kevin Xie and Carol Kong |
| 4 | Citi* | Matt King, Jabaz Mathai and Steven Mansell |
| 5 | Deutsche Bank | Jim Reid, Francis Yared and Binky Chadha |
Source: KangaNews 30 May 2022
Which team provides the most valuable research on Asian and other regional markets to Australian fixed-income investors?
| Rank | Institution | Team |
|---|---|---|
| 1 | ANZ* | Raymond Yeung, Khoon Goh, Jennifer Kusuma and Richard Yetsenga |
| 2 | Commonwealth Bank of Australia | Joe Capurso, Kim Mundy, Martin Whetton, Kevin Xie and Carol Kong |
| 3 | Citi | Johanna Chua, Kiichi Murashima, Tomohisa Fujiki and Steven Mansell |
| 4 | BofA Securities | BofA Global Research |
| 5 | Westpac | Elliot Clarke and Imre Speizer |
Source: KangaNews 30 May 2022
Which team provides the best macroeconomic research and analysis?
| Rank | Institution | Team |
|---|---|---|
| 1 | National Australia Bank | Ivan Colhoun, Tapas Strickland, Taylor Nugent, David de Garis, Alan Oster, Gareth Spence and Brody Viney |
| 2 | Commonwealth Bank of Australia | Gareth Aird, Belinda Allen, Kristina Clifton, Stephen Wu and Stephen Halmarick |
| 3 | Westpac* | Bill Evans, Elliot Clarke, Matt Hassan, Andrew Hanlan, Justin Smirk and Ryan Wells |
| 4 | ANZ | David Plank, Felicity Emmett, Catherine Birch, Adelaide Timbrell and Hayden Dimes |
| 5 | UBS | George Tharenou, Arend Kapteyn and Tao Wang |
Source: KangaNews 30 May 2022
Which team provides the best research on sustainability and ESG in Australian fixed income?
| Rank | Institution | Team |
|---|---|---|
| 1 | ANZ | Richard Yetsenga, Catherine Birch, Daniel Hynes and Betty Wang |
| 2 | Commonwealth Bank of Australia | Joe Capurso, Vivek Dhar, Kim Mundy, Martin Whetton, Kevin Xie and Carol Kong |
| 3 | National Australia Bank* | Michael Bush, Skye Masters, Ken Crompton and Baden Moore |
| 4 | BofA Securities | BofA Global Research |
| 5 | Citi | Edward McKinnon |
Source: KangaNews 30 May 2022
