Deutsche Bank tops APAC fixed income client rankings

Clients have once again placed Deutsche Bank at the top of Asia Pacific’s fixed income market, naming it the region's number one Flow House and best for both Flow Trading and Flow Strategy in The Asset Benchmark Research poll.

The recognition comes as Asia's fixed income markets become increasingly fragmented and harder to navigate. Investors are looking beyond execution for differentiated research, informed market insight and access to liquidity in stressed market conditions.

More than 900 investors voted in the survey across G3 and local currency bonds, with around 550 sellside professionals nominated.

Why did clients rank Deutsche Bank among Asia Pacific's leading fixed income providers?

The Asset Benchmark Research survey ranks firms and individuals across trading, research, sales, syndicate management and market strategy.

The results reflect Deutsche Bank's ability to combine liquidity provision, market insight and research expertise across Asia Pacific fixed income markets. The bank secured the number one ranking for:

• Flow House
• Flow Trading
• Flow Strategy
• G3 Bonds Best Sellside Firm

These rankings are based on direct feedback from institutional investors across the region.

Deutsche Bank professionals recognised among Asia Pacific's top market experts

Several Deutsche Bank professionals achieved leading individual rankings across economics, strategy, trading, research and sales.

• Owen Gallimore secured his 10th consecutive win as Asia’s top economist and strategist in the ABR G3 Bond Review.
• Alissa Ren was ranked Asia Pacific’s number 1 G3 bond trader.
• Kaushik Das ranked first again for research in Indian rupee local currency bonds.
• Among the survey’s standout results, Nellie Lye, who joined Deutsche Bank's APAC Flow Trading Desk Analyst team as a graduate in July 2024, placed among the top 5 traders in Asia Pacific. Her result highlights the strength of the bank’s graduate pipeline and the opportunities for early-career talent to make an impact.

Asia's bond markets have changed significantly over the past decade, and these results reflect how our teams have continued to adapt, combining liquidity, research and market insight to help clients navigate that change. Owen Gallimore, Head of APAC Credit Analysis

Deutsche Bank's fixed income rankings in The Asset Benchmark Research survey

G3 Bonds - Best Sellside Firms 2026

• Deutsche Bank #1

G3 Bonds - Top Economists and Strategists

• Owen Gallimore #1
• Kaveh Namazie #7

G3 Bonds - Top Traders

• Alissa Ren #1
• Nellie Lye #5
• Smit Rastogi – Highly Commended
• Zhirong Chen – Highly Commended

G3 Bonds - Top Salespeople

• Minmin Song (Hong Kong) #5
• Ammon Ng (Singapore) #6
• Gelina Goh (Singapore) #8
• Dev Badigar (Singapore) #10
• Karen Hoyeun Lee (South Korea) – Highly Commended

G3 Bonds - Top Syndicate Managers

• Gabriel Pang #9
• Keith Cheung #10
• Pavithra Anand – Highly Commended

G3 Bonds - Analysts

• Abhiram Iyer – Highly Commended
• Clare Guo – Highly Commended

Local Currency Bonds - Research (Indian Rupee)

• Kaushik Das #1

Local Currency Bonds - Research (Pan Asia)

• Sameer Goel – Highly Commended

Local Currency Bonds - Sales (Pan Asia)

• Siang Loong Lee #2
• Bo Yu Chua – Highly Commended

Local Currency Bonds - Government Bonds (Thai Baht)

• Deutsche Bank #1 Top Arranger
• Deutsche Bank #3 Top Sellside Firm in the Secondary Market

Local Currency Bonds - Corporate Bonds (Thai Baht)

• Deutsche Bank #2 Top Sellside Firm in the Secondary Market