Macquarie has once again secured the top position in Extel’s 2025 Asia (ex-Japan/ANZ) Local Broker survey, achieving the highest overall score of 59 points. This impressive performance includes a market-leading 23 winning positions across 11 countries and regions, encompassing Frontier Markets, in this year’s weighted leaders’ table.
The firm also boasted the largest number of ranked analysts by sector, with a total of 53, up from 41 in the previous year. This top broker ranking reflects a comprehensive assessment of country research, country sales, corporate access, and trading and execution, based on the opinions of 2,876 portfolio managers and analysts from 833 institutions.
Christina Lee, Head of Asia Content (Research and Sales) at Macquarie Capital, commented: “We are deeply honoured to receive this top ranking, which underscores the unwavering dedication and exceptional talent within our team. This recognition affirms our commitment to providing insightful and thought-provoking research that empowers our clients to navigate the dynamic Asian markets and make well-informed investment decisions.”
She further added, “This accolade reinforces our dedication to pushing the boundaries of equity research and delivering unparalleled service and insights. It motivates us to pursue even greater achievements in the future.”
Extel highlighted Macquarie’s exceptional performance across key Asian markets, including Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, and Thailand. Regionally, Macquarie secured the top rank in both Southeast Asia and India, and placed second in North Asia.
For over 25 years, Macquarie’s Asia Equity Research team has been a leading provider of insights, analysis, and thought leadership for institutional clients. Uniquely positioned as one of Asia’s most experienced research houses, their dedicated team covers over 800 stocks across the region.
The team’s focus on disruptive innovation spans a wide array of industries, from consumer and healthcare to technology and the green energy transition. Their proprietary data sets and in-depth analysis are designed to enhance clients’ investment processes and facilitate alpha generation.
