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Jardine Fleming wins award

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JARDINE Fleming has been named Asian Equity House of the Year by the International Financing Review (IFR), according to Jardine Fleming.

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Jardine Fleming group chairman Alan Smith said his group had more sales people around the world than other houses and quick access to needs of international investors.

IFR said in the award citation that 'in 1994, perhaps more than in any recent year, leadership, innovation, strength of research and distribution, flexibility, courage and sheer hard work were critical factors for effective deal-making in the Asia-Pacific'.

Last year, Jardine Fleming led 19 equity-related fund-raisings worth US$2.65 billion.

Mr Smith said the group's most memorable fund-raising was an $898 million global placement for Pakistan Telecom which attracted $2 billion in offers over a three-day period.

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