Day two: fixed income research poll

By a clear margin, investors told us that the analyst they give highest marks to is UBS Warburg's Stephen Cheng. Regarded as someone who has an instinctive feel for the market, investors says he is able to get to the essence of the prevailing mood in clear and direct ways. UBS Warburg made him a managing director earlier this year, which was clearly a sign that the firm has recognised the vital contribution his research brings to their franchise. Cheng also won this award last year, and will be equally pleased to see his colleague, Charles Ooi likewise placed in the top 10.