SA’s very best investment analysts: Top stock brokers – see the full 2018 list

EDINBURGH — Investment analysis is more art than science, though professionals in this field are also adept with a calculator and working through accounting ratios. Trying to understand the undercurrents of the financial markets is another essential requirement for those who try to predict what stocks to buy, sell and avoid. That in turn means combining economic theories with gut feeling on the behaviour of the many thousands of investors pitting their wits against each other daily. There are few who can get all of these elements consistently right and in so doing guide their clients towards the right counters to hold for long-term investment success. The analysts who stand out as superior in the field are acknowledged each year by the Financial Mail. Standard Bank SBG Securities and Peregrine Securities are top of the charts this year. Two names to watch – and follow their stock selection – are Warren Bam of Avior Capital Markets and Emlyn Flint of Peregrine Securities, who took took top honours in the individual awards’ category. – Jackie Cameron

Financial Mail media release:

The annual Financial Mail Top Analyst Awards winners were announced at an event hosted at The Empire Venue in Parktown last night. The Financial Mail Top Analyst Awards, in association with IRESS, recognise South Africa’s top analysts in the institutional stock broking industry.

Standard Bank SBG Securities continued for a third year running to be awarded as the Overall Top firm.  Similarly, Peregrine Securities maintained its position as the Top firm – Execution: Derivatives. Nedgroup Securities was awarded as the Top firm – Execution: Fixed Interest Securities; and RMB Morgan Stanley as the Top firm – Execution: Equities Dealing.  RMB Morgan Stanley was also awarded in the Corporate AccessAdministration, and Sales Team categories.

Stock market investment

The results are based on a survey of institutional investors by Intellidex. The survey is estimated to cover 90% of the institutional market through confidential questionnaires completed by domestic institutional clients of South African stockbroker firms.

Rob Rose, the editor of the Financial Mail, said “these awards are, we believe, critical to ensuring transparency and efficiency in the financial markets. We’re immensely grateful to those who contributed to the research, who realise that these awards go far beyond simply individual firms, but are also fundamental to improving the public’s understanding of what takes place in our market.”

The Financial Mail has been associated with this survey since 1975 – the only ranking in South Africa that provides a reliable and independent ranking of the skills in the industry.

Warwick Bam of Avior Capital Markets was awarded as Young Analyst of the Year in the equities category, while Emlyn Flint of Peregrine Securities won again in the non-equities category.

A special report on the 2018 research findings will be published in the Financial Mail on Thursday, 31 May 2018.

Herewith the list of categories and winners of the 2018 Financial Mail Top Analysts Awards:

Sector Analyst Firm
Young Analyst of the year : Equities Warwick Bam
Avior Capital Markets
Young Analyst of the year : Non-equities Emlyn Flint
Peregrine Securities
Gold Mining Adrian Hammond
Standard Bank/SBG Securities
Platinum & Precious Metals Johann Steyn
Citigroup Global Markets
General Mining Johann Pretorius
Renaissance Capital
Oil & Gas and Chemicals Gerhard Engelbrecht Macquarie
Forestry & Paper Brian Morgan
RMB Morgan Stanley
Industrial Metals Brian Morgan
RMB Morgan Stanley
Resources Small & Medium Market Cap Companies Tim Clark, Adrian Hammond, Thabang Thlaku & Leroy Mnguni
Standard Bank/SBG Securities
Construction, Building Materials & Machinery Rowan Goeller Macquarie
Banks Stephan Potgieter UBS SA
General Financial Harry Botha & David Talpert
Avior Capital Markets
Insurance Michael Christelis UBS SA
Beverages & Tobacco Rey Wium
Standard Bank/SBG Securities
Food Producers Vikhyat Sharma
RMB Morgan Stanley
Healthcare Providers & Pharmaceuticals Alex Comer & Ross Krige JP Morgan
Luxury Goods Rey Wium
Standard Bank/SBG Securities
General Retailers Sean Holmes
Deutsche Securities
Household Goods Retailers Michael Jacks & Sa’ad Chothia Arqaam Capital
Hotels, Travel & Leisure Janine van Wyk & DeWet Schutte
Avior Capital Markets
Diversified Industrials Rowan Goeller Macquarie
Investment Companies Rey Wium
Standard Bank/SBG Securities
Computing & Electronics Muneer Ahmed
Prescient Securities
Media David Ferguson
Renaissance Capital
Telecommunications Jonathan Kennedy-Good
Standard Bank/SBG Securities
Financial and industrial small & medium market cap companies DeWet Schutte, Mpho Mokotso & Roelof Brand
Avior Capital Markets
Real Estate Nazeem Samsodien & Mahir Hamdulay Macquarie
Africa Ex-SA equities EFG Hermes Research Team EFG Hermes
Africa Ex-SA non-equities Yvonne Mhango
Renaissance Capital
Commodities Tom Price, Susan Bates, Christopher Nicholson, Brian Morgan & Menno Sanderse
RMB Morgan Stanley
Environmental, social and corporate governance David Levinson, Mark Hodgson & Team
Avior Capital Markets
Credit Analysis Kate Rushton Absa Capital
Derivatives Petrus Bosman, Shivaan Gurayah & Mark Sarembock
Avior Capital Markets
Fixed-Interest Securities Walter de Wet
Nedgroup Securities, Standard Bank/SBG Securities
Innovative research UBS Evidence Lab UBS SA
Economic Analysis (domestic) Elna Moolman Macquarie
Economic Analysis (international) Mary Curtis, Ian Doyle, Jonathan Garner & Andrea Masia
RMB Morgan Stanley
Investment Strategy Mary Curtis
RMB Morgan Stanley
Political Analysis Simon Freemantle
Standard Bank/SBG Securities
Quantitative Analysis Josiah Rudolph & Gurvinder Brar Macquarie
Risk Management Odwa Sihlobo, Gideon van der Linde & Daniel Polakow
Prescient Securities
Technical Analysis Neels Heyneke
Nedgroup Securities
Top firms : Administration Efficiency
RMB Morgan Stanley
Top firms: Corporate Access
RMB Morgan Stanley
Top firms : Execution: Derivatives
Peregrine Securities
Top firms : Execution:Equities
RMB Morgan Stanley
Top firms : Execution:Fixed Interest Securities
Nedgroup Securities
Top Sales Teams
RMB Morgan Stanley
Overall Firm
Standard Bank /SBG Securities