Fixed Income Poll Results

Best on Asian Fixed Income and Credit Strategy á

á	%
Merrill Lynch	16.12
HSBC	11.98
CSFB/DLJ	9.92
Goldman Sachs	9.09
JP Morgan	8.68
Morgan Stanley Dean Witter	6.61
Chase/Jardine Fleming	5.37
Deutsche	5.37
Salomon/Citibank	4.55
UBS Warburg	4.55
ING Barings	4.13
Lehman	3.31
á	á
Best in Asian Regional Macroeconomic Research á

á	%
Merrill Lynch	11.86
Goldman Sachs	10.9
HSBC	9.94
CSFB/DLJ	8.65
Morgan Stanley Dean Witter	7.69
JP Morgan	7.69
Salomon/Citibank	7.37
Deutsche	5.77
UBS Warburg	5.45
ABN Amro	4.81
ING Barings	4.49
á	á
Best Research on Asian Bank and Financial Sector Credits á

á	%
Goldman Sachs	14.12
Merrill Lynch	11.07
HSBC	9.54
CSFB/DLJ	8.4
Salomon/Citibank	8.02
JP Morgan	7.63
Morgan Stanley Dean Witter	6.87
Deutsche	5.34
Chase/Jardine Fleming	4.58
UBS Warburg	4.2
á	á
Best Research on Asian Investment Grade Creditsáá

á	%
Merrill Lynch	11.68
HSBC	10.22
Morgan Stanley Dean Witter	10.22
Goldman Sachs	8.39
JP Morgan	8.03
CSFB/DLJ	7.66
Salomon/Citibank	5.47
Chase/Jardine Fleming	5.11
Deutsche	4.74
UBS Warburg	4.38
ABN Amro	4.01
á	á
Best Research on Asian High Yield/Distressed Credits á

á	%
CSFB/DLJ	12.5
Goldman Sachs	12.07
Merrill Lynch	9.91
Morgan Stanley Dean Witter	7.33
Salomon/Citibank	7.33
JP Morgan	6.47
Chase/Jardine Fleming	5.17
ING Barings	5.17
Deutsche/BT	4.74
HSBC	4.74
UBS Warburg	4.74
ABN Amro	3.88
Lehman	3.88
Nomura	2.16
BNP Paribas	1.72
Credit Lyonnais	1.72
á	á
Best Research on Asian Sovereign Credits á

á	%
Merrill Lynch	13.26
JP Morgan	10.75
HSBC	10.39
Goldman Sachs	9.68
Salomon/Citibank	7.17
CSFB/DLJ	6.09
Deutsche/BT	6.09
Morgan Stanley Dean Witter	5.73
Chase/Jardine Fleming	5.38
UBS Warburg	4.66
ABN Amro	3.58
á	á
How independent do you think fixed income research is, given the bank's objective of winning bond mandates?á á

á	%
Independent	48.96
No comment/ Don't know	22.66
Somewhat tainted	18.75
Very independent	6.51
Not at all independent	3.13
á	á
Name the international Credit Rating Agency whose research and rating actions most strongly influences your investment decisions in Asia: á

á	%
Moody's	45.23
S&P	44.22
Fitch	9.56
Others	1.01
á	á
What is your preferred way of receiving research reports? á

á	%
Email attachment	56.06
Published on paper	23.23
Online download	20.71
á	á
In which country are you currently located? á

á	%
Hong Kong	44.44
Singapore	17.78
US	8.15
UK	6.67
Philippines	5.19
Australia/NZ	4.44
Thailand	2.96
China	1.48
India	1.48
Malaysia	1.48
Indonesia	0.74
South Korea	0.74
Taiwan	0.74
Others	3.7