Technology, Media & Telecommunications – Media: Second
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Technology, Media & Telecommunications – Media: Second

Polo Tang & team

UBS

Polo Tang guides the UBS team of four up one notch to No. 2. The London-based analysts “combine deep industry knowledge with a real desire to make money for clients,” according to one appreciative investor. Tang and his associates are cautiously optimistic on the sector for 2013. “Broadly speaking, we expect European growth to be lackluster but global growth to be okay,” he says. “We also think we will see more companies undertaking [share] buybacks and cash returns, and more M&A activity.” The researchers made a winning contrarian buy call on Sky Deutschland in December 2011, after the stock had sunk to €1.41 and settled there as investors wondered whether the pay-TV services provider would lose the rights to broadcast games of the Fußball-Bundesliga, Germany’s premier football league. The UBS group correctly predicted that Sky Deutschland would retain those rights and also enjoy strong growth in new subscribers. By year-end 2012 the stock had sizzled to €4.13 — for a whopping 192.9 percent advance — and last month the company reported that subscriptions had grown nearly 12 percent year over year, to 3.36 million. — Pam Baker


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