The Market Monitor Minding the Nation's Business
From the latest version of The Asset’s Asian Local Currency Bond Benchmark Review, RCBC Chief Economist Mike Ricafort once again ranked first in Philippine Peso Bonds Research, retaining his star for two consecutive years.
RCBC Chief Economist, Michael Ricafort said that RCBC takes the responsibility of providing accurate financial data and forecasts to investors to heart, and this award from The Asset reaffirms this commitment.
The Asset’s ranking of the region’s best individuals in local currency bonds is now in its 24th year. It provides a wealth of data on the product needs of investors and the market penetration of the banks that are active in local currency bonds, as well as detailed analysis on the investors’ buying behavior when selecting their counterparties, giving unique access into the minds of these investors.
This year, 546 institutional investors participated in voted in the Asian Local Currency Bond Benchmark Review, up 22 percent from 2022 and setting a new record. In aggregate, a total of 652 economists, analysts, salespeople, strategists and traders were singled out for praise.
“We remain committed to delivering exceptional insights to our existing and future clients – insights that are useful for their journey towards a healthy and sound financial health. This award likewise motivates us to continue pushing the boundaries of excellence in the field of local currency bonds research,” Ricafort further said.