SBG Securities takes the top place in this year’s Financial Mail-Intellidex Top Analyst rankings for the second year in a row. The locally-based firm, part of the Standard Bank Group, has maintained its lead over international majors. RMB Morgan Stanley, the joint venture between Rand Merchant Bank and US firm Morgan Stanley, maintains its second-placed spot.
Awards were handed out a luncheon held at Times Media’s spanking new building in Empire Road on May 24, with comedian Nik Rabinowitz keeping the crowd highly entertained. The full report was published in that week’s Financial Mail and can found here.
Avior’s Richard Tessendorf and Kevin Mattison took top spot in the media category, which has become important as Naspers has grown into the biggest company on the JSE. Other important sectors including banks and retailers have stayed consistent with last year, with UBS’s Stephan Potgieter top-ranked in banks and Deutsche Bank’s Sean Holmes maintaining his top spot in general retailers. In total, of the 41 research categories, 25 had new top-ranked analysts.
And pointing to a promising future for SA’s, there were strong entries in the Young Analyst of the Year competition that is open to analysts under 30. Peregrine Securities’ Emlyn Flint won the award in the non-equities category and BPI Capital’s Lara Simpson was the best young equities analyst.
The FM rankings are the premier measure of the performance of institutional stockbrokers in providing research and other services to their clients.
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