Nomura starts equity research coverage on Thailand

The coverage will be carried out by a partnership between Nomura and its Thai affiliate Capital Nomura Securities and will be led by Nithi Wanikpun, who recently joined from BNP.
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Photo: AFP </div>
<div style="text-align: left;"> Photo: AFP </div>

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...

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