Morgan Stanley

Morgan Stanley Tops Extel’s Asia Research Rankings for the 11th Consecutive Year

Apr 24, 2025

HongKong —

Morgan Stanley (NYSE: MS) today announced that the Firm has once again topped Extel’s (previously Institutional Investor) Asia Research Team annual rankings. The Firm is the first to lead the rankings for eleven consecutive years in Asia – a testament to Morgan Stanley’s long-term commitment to providing clients with the highest-quality Research product and thought leadership.

The Extel 2025 Asia Research survey ranks the region’s sell-side analysts and reflects the opinions of 3,653 buy-side investment professionals from 365 institutions. The poll covers Asia ex-Japan.

Morgan Stanley’s Asia Research headed the ‘Firm Leaders Table’ by ranking in all 35 available categories, tying with three other firms this year. Fourteen teams ranked #1 and 30 teams ranked among the top 3, making the Firm the sole #1 in the ‘Weighted Leaders Table’.

Demonstrating a long-term focus on Research excellence, Morgan Stanley has performed strongly in core categories over multiple years. Highlights include:

  • Ranked #1 in Equity Strategy for 8 consecutive years.
  • Ranked #1 in Economics for 5 consecutive years.
  • Ranked #1 in Telecommunications for 11 consecutive years.
  • Ranked #1 in Internet for 5 consecutive years.
  • Ranked #1 in China Research for 5 consecutive years.
  • Ranked #1 in Technology Hardware, and Technology IT Services & Software for 3 consecutive years, demonstrating continued leadership in tech and AI research.

Ranked #1 in Quantative, ESG, and Thematic Research categories this year highlighting our Research teams’ diverse expertise and capabilities to adapt to evolving investment strategies.

“It’s an honor to be recognized once again by Extel. We extend our thanks to our clients for their enduring support and to our team for their dedication in furthering their preeminent service,” said Magdalena Stoklosa, Director of Pan Asia Research, Morgan Stanley. “In an increasingly volatile macro environment, our proprietary research combines rigorous analysis with actionable insights to help clients generate alpha. We remain focused on driving thought leadership around key global themes – including the future of energy, investing for a multipolar world, longevity, and tech diffusion.”

“Our Research teams emphasize a collaborative culture, and we focus on supporting and empowering our analysts worldwide to deliver differentiated and commercial product by drawing upon our collective expertise across the Integrated Firm,” Ms Stoklosa added.

Morgan Stanley Research’s range of industry-leading products: Blue Papers, Foundations, Insights, Ideas, and Updates – provide clients with differentiated content from deep-dive, long shelf-life pieces to shorter, more actionable reports.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

Contacts

Media Relations: Michelle Lou, +852 3963-4718