Asiamoney Brokers Poll 2017: CLSA grows from one-trick pony to thundering herd
Competitors used to dismiss CLSA as a one-trick pony, but with it now taking advantage of the heft of parent Citic’s balance sheet, can CEO Jonathan Slone turn it into a thundering herd?
By Paolo Danese
|Jonathan Slone, chief executive of CLSA
When China’s Citic Securities acquired CLSA in 2013, many in the market wondered if the fiercely independent equity brokerage would be able to maintain the distinctive approach to research and sales that had made it so popular with clients across Asia.
The following year’s Asiamoney Brokers Poll hinted that, indeed, CLSA’s star was waning as it joined forces with one of China’s most powerful financial institutions.