Institutional Investor released the results of its 1998 research poll, which surveyed close to 400 of the largest institutions investing in Asia. In Japan, Morgan Stanley's team showed significant momentum, moving to third place from fifth, up six ranked positions to 16 overall. Morgan Stanley's Asia Ex-Japan team ranked sixth, versus fourth in 1997.

This group showed continued sectoral strength, remaining at the top and securing five positions. Ranked analysts include:

Japan

Category	Analyst	Rank
Basic materials/Chemicals	Toshihiko Ginbayashi	First
Computer Software	Mitsuko Morita	First
Basic Materials/Metals	Toru Nagai	First
Electronics/Consumer	Takatoshi Yamamoto	First
Electronics/Industrial	Takatoshi Yamamoto	Second
Electronics/Components	Takatoshi Yamamoto	Second
Economics	Robert Feldman	Second
Equity Strategy	Alexander Kinmont	Second
Electronics/Precision Instruments	Noriko Oki	Second
Quantitative Research	Fumiyuki Takahashi	Second
Financials/Other	Elizabeth Daniels	Runner-Up
Pharmaceuticals & Health Care	Mayo Mita	Runner-Up
Machinery	Masayuki Mochizuki	Runner-Up
Retailing/Specialty	Michinori Shimizu	Runner-Up
Trading Companies	Tomokazu Soejima	Runner-Up
Autos	Stephen Volkmann	Runner-Up
Asia Ex-Japan
Pulp & Paper	Chuck Spencer	First
Property	Peter Churchouse & Team	Second
Airlines	Chin Lim	Third
Banks	John Hobson & Team	Third
Telecommunications	Jeff Camp &Team	Third
India	Vineet Nagrani & Team	Third