Raymond Kosasih & team Deutsche Bank
The buy side says: “Good sector knowledge and very responsive to investors.”
Repeating at No. 1 is the Deutsche Bank dozen captained by Raymond Kosasih, 41. “Theirs is a large, experienced group with many boots on the ground,” affirms one booster. The analysts monitor some 60 stocks. Clients applaud their recent emphasis on consumers’ rising purchasing power, which prompted buy ratings in October on vehicle manufacturer and distributor Indomobil Sukses Internasional, at 10,050 rupiah, and in February on homebuilder Summarecon Agung, at Rp1,190; both of these companies are headquartered in Jakarta, as are the researchers. By the end of March, shares of Indomobil had surged 50.2 percent, to Rp15,100, and shot past the Indonesian broad market by 28.5 percentage points; Summarecon’s stock jumped 31.9 percent, to Rp1,570, and trounced the broad market by 31.9 percentage points. Kosasih earned a bachelor’s degree in commerce and engineering from the University of Western Australia and a master’s in commerce from Australia’s University of New South Wales; he joined Deutsche in 2004 from CLSA Asia-Pacific Markets. — Ben Mattlin
