Merrill Lynch has been picked as the best stockbroker in Asia for the second straight year in surveys conducted by two different regional finance publications. Asiamoney magazine ranked Merrill Lynch No 1 broker in Asia in both its sectoral and overall country rankings, ahead of investment banking rivals Morgan Stanley and Goldman Sachs, which ranked seventh and ninth, respectively. In a survey conducted by The Asset magazine, Merrill Lynch was named best broker by two-thirds of respondents, with almost half of the votes coming from institutions with more than US$2 billion of assets under management. The survey, of 134 institutions with a combined US$220 billion worth of investments in Asia-Pacific, ranked CLSA as Asia's second-best broker, followed by UBS Warburg and Jardine Fleming. Asiamoney, with a survey pool of 303 fund managers and analysts, ranked Jardine Fleming as the region's No 2 broker, with CLSA and UBS Warburg ranked third and fourth. Franklin Lam of UBS Warburg was named by Asiamoney as Hong Kong's best country analyst, with Mike Warren of Goldman Sachs and Steven Li of Jardine Fleming as runners-up. Percy Au Young of CLSA was rated best securities salesperson in Hong Kong in Asiamoney's survey. The Asset picked Dio Wong of CLSA as Hong Kong's best analyst and Danny Chiong of Salomon Smith Barney as the top salesman. While respondents to Asiamoney's survey picked CLSA as the best research firm in China, they also nominated it as the one in most serious decline. When it came to best regional economist, the two magazines were united in their choice of Jim Walker of CLSA.