What We Do

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for governments, institutions and individuals, and always do so with a standard of excellence.

Sales & Trading

Morgan Stanley is a market leader in the distribution and trading of Japanese and international equities, bonds and credit products, as well as foreign exchange, derivatives and alternative investments. We actively assess and manage risk, trade securities and structure as well as execute innovative transactions in a constantly changing global market.

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Institutional Equities

Trading

Morgan Stanley offers a comprehensive array of equity trading and execution capabilities for all major listed and over-the-counter equity products, as well as structured products. We add value through trading expertise, state-of-the-art technology and market information to support best execution for clients.

Distribution

Our sales team serves as a bridge between our clients and the significant resources Morgan Stanley has to offer, by providing clients with the firm’s insightful equity research and extensive trading capabilities. We are able to offer individually tailored services and timely investment ideas.

Institutional Corporate Marketing

Leveraging Morgan Stanley’s broad access to major institutional investors in Japan and around the world, we advise companies on investor relations strategies and presentations to help expand their shareholder base and attract long-term investors.

Product and Alternative Investments

We provide clients with a vast range of alternative investment products and fund of funds in nontraditional assets, such as hedge funds, private-equity funds, managed-futures funds and real-estate funds, as well as customized structured-product solutions and pension transition management services.

Equity Financing and Prime Brokerage

We provide equity financing and prime brokerage services for investment managers who seek to borrow shares for hedging or sale purposes. We also offer clients a comprehensive package of high quality services that include business administration, infrastructure and technology support, financing and securities lending.

Fixed Income

Credit Products

We underwrite and trade bonds from a diverse range of issuers, including private and public sector corporations, banks and government institutions. As part of client risk management support, we offer credit risk hedges and transaction services to help improve balance sheets for corporate and financial institutions. We are also a leading player in the Japanese distressed market, including distressed loans/bonds and special situations.

Interest Rate Products

We provide primary and secondary liquidity and take proprietary positions in the Japanese Government Bond as well as swaps and options markets, while providing specialized trading services for U.S. and European government bonds, foreign-currency-denominated government-guaranteed bonds, mortgage-backed securities, emerging bonds and derivatives. Drawing on Morgan Stanley’s market making experience and expertise in the world’s principal interest rate swaps market, we are also able to tailor and develop innovative instruments to requirements of a diverse client base, including corporates, government entities, institutional investors, hedge funds and portfolio managers.

Foreign Exchange

Leveraging Morgan Stanley’s global network, we offer our clients a wide range of services in all major currencies and emerging-market currencies, including customized financial solutions and trading strategies backed by our expertise in asset liability management (ALM)/quantitative analysis, as well as cross-border M&A-related financing and fund-raising transactions.

Securitization and Asset Finance

Having developed Japan’s first nonperforming real-estate loan securitization and its first mezzanine loan securitization, Morgan Stanley has played a major role in originating and distributing asset-backed securities in Japan, across a variety of asset classes, including commercial mortgages. We offer variety of global securitized products including CLOs to Japanese investors.

Distribution

The sales function exists in all fixed-income product areas, connecting with wide range of clients, including institutional investors, regional financial institutions, corporations and foreign institutions. We offer yield-curve strategies to international and domestic institutions, asset liability management and risk management services to life insurance companies and banks, as well as investment strategies to hedge funds.


Research

We provide timely, in-depth analysis of companies and industries, markets and economies to investors.

Equity Research

We offer clients market insights and trading ideas through highly valued research and analysis of companies, industries and economies around the world. Our sector analysts provide in-depth analysis of each company, while economists and strategists focus on macroeconomic research with a broader perspective and provide high quality forecasts and market insights by working closely with sector analysts.

Fixed Income Research

We help clients navigate the world’s increasingly complex debt markets. From valuations on debt securities to assistance with portfolio strategy, our fixed-income research professionals offer investment ideas and insights into market trends for institutional clients, trading desks, salespeople and capital market participants.


Global Capital Markets

Morgan Stanley offers exceptional access to capital markets with outstanding equity and debt origination capabilities.

Equity Capital Markets

Collaborating with Morgan Stanley’s top-ranked research team and global sales and trading professionals, we integrate execution expertise, deep understanding of diverse local industries, and placement power to help clients receive the most value from each stage of a transaction. We have lead-managed many of the country’s most high-profile and complex equity and equity-linked offerings, ranging from global initial public offerings to convertible bond issues, equity derivatives business and follow-on offerings.

Debt Capital Markets

Working closely with the fixed-income sales and trading, syndicate and credit research teams, we originate, structure and execute public and private placement of various debt securities, including corporate bonds, medium-term notes, commercial paper and structured products, as well as derivatives of debt, credit and currency. With fresh ideas, local market insight and underwriting capabilities in domestic and international markets, we provide seamless advice and sophisticated solutions to a wide range of clients including corporates and financial institutions.

MORGAN STANLEY x MUFG

Morgan Stanley and Mitsubishi UFJ Financial Group launched a Japanese securities joint venture in May 2010. To learn more about the joint venture, please refer to the shared website.

Investment Banking

Morgan Stanley provides corporate clients with strategic advice and prominent execution services, utilizing global and sophisticated information-gathering capability, industry know-how and proven track record. Corporations, organizations and governments around the world rely on our reputation as a global leader in investment banking. Our advisory and capital-raising services are recognized as among the best in the industry.


Investment Management

Morgan Stanley strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, including governments, institutions, corporations and individuals.

Investment Management

We provide institutional investors and other clients with asset management strategies across a variety of asset classes from traditional assets such as equities and bonds to alternative assets.

Go to Investment Management (Japanese)

Real Estate & Private Equity

We are a non-discretionary investment advisor that provides real-estate and other private equity advisory services, as well as property asset management services.


Awards

Best Investment Bank in Japan

World’s Best Bank for M&A Advisory

Best Bank for Advisory in Asia

Best Foreign Investment Bank

Best M&A House

M&A Adviser

Asia-Pacific Equity House