After similar moves in Malaysia and Indonesia in recent years, Nomura is launching equity research coverage on Thailand. It is doing this in partnership with Capital Nomura Securities CNS, a local Thai securities house in which Japan’s top brokerage is a minority shareholder.
Nomura and CNS have set up a team of equity analysts that will produce equity research for Nomura’s global institutional client base. The Bangkok-based team is managed by Nithi Wanikpun, who has joined CNS as a director and head of research, Nomura said in a statement yesterday.
Wanikpun is responsible for producing Thai equity strategy and energy sector research, and is supervised by...