Winners of the 2022 Financial Mail Top Analyst Awards announced

The winners of the 46^th annual Financial Mail Top Analyst awards in partnership with Iress and the JSE, were announced at an awards function hosted on 31 May 2022 at The Empire Conference and Events venue in Johannesburg, as well as online via a dedicated streaming platform. These awards recognise South Africa’s top analysts in the institutional stockbroking industry.

The Financial Mail Ranking the Analysts is the only survey in South Africa that provides a reliable and independent ranking of skills in the industry. The research, which is conducted by Intellidex, is estimated to cover 90% of the institutional stockbroking market through confidential questionnaires completed by their domestic institutional clients.

The Young Analyst award was adjudicated by the CFA Society South Africa which has been promoting the development of young analysts for the past eight years. The judges found the top submissions to be insightful and thorough with a reasonable and well-constructed basis, and solid thought given to linking macros to company performance.  Over the past few years, the submissions for non-equity research have reduced and in order to keep the award competitive, we have combined both the equity and non-equity submissions into one category for 2022.  This year’s winner is Samantha Naicker from Absa CIB for her research on Tiger Brands: Perishable bread margin.

Noah Capital Markets is the Top Black Broker for the third year in a row. Qualification for this category requires meeting the criteria of being more than 50% black-owned with a minimum level 2 B-BBEE rating, and top line revenue that does not exceed R100m.

This year’s winners are as follows:

A special report on the 2022 research findings will be published in the Financial Mail on Thursday, 2 June 2022.