29 July 2020
Renaissance Capital delivers stellar performance in the 2020 Financial Mail Top Analyst Awards

Renaissance Capital, a leading emerging and frontier markets investment bank, is proud to announce that its Africa research team has delivered a stellar performance in the 2020 Financial Mail Top Analyst Awards, conducted by South Africa's leading weekly business and financial magazine.

The Firm’s rating for equity research improved to top-3 (from #4 in 2019). This healthy team result was supported by an impressive performance in individual categories.

  • #1 ratings: Yvonne Mhango (Africa Ex-SA Non-Equities); Soji Solanke, Dayo Ayeni, Nikolas Stefanou and Toyosi Oni (Africa Ex-SA Equities); Johann Pretorius, Steven Friedman, Kabelo Moshesha, Siphelele Mhlongo and Derick Deale (Small & Medium-Cap Resources);
  • #2 ratings: Brent Madel (Construction, Building Materials); Steven Friedman (Gold Mining); Johann Pretorius and Siphelele Mhlongo (General Mining); Kabelo Moshesha and Johann Pretorius (Industrial Metals); Steven Friedman (Platinum and Precious Metals); Johann Pretorius, Steven Friedman, Kabelo Moshesha, Siphelele Mhlongo and Derick Deale (Commodities); Ilan Stermer (Investment Companies); and Brent Madel (Diversified Industrials);
  • #3 ratings: David Ferguson (Media)*; Robyn Collins (Food Producers).

The team excelled in the sectors covered by Renaissance Capital and was rated top-3 in 13 sectors. The SSA team scooped the #1 rating in both the equities and non-equities categories.

Johann Pretorius, Managing Director, Head of Research for Africa and Head of Metals & Mining Research, Renaissance Capital, commented: “We are honoured to be acknowledged by the Financial Mail Top Analyst Awards for yet another year. In a time of increased uncertainty, quality research and reliable advice are more important than ever. We have adapted quickly to the challenges presented by COVID-19 and our high standards in research and client support remain intact.”

Yvonne Mhango, Managing Director, Head of SSA Research and SSA Economist, Renaissance Capital, said: “We are delighted with Renaissance Capital's stellar performance in the Financial Mail Awards 2020. Given the Firm’s long-established focus on the African continent, having a strong and acknowledged on-the-ground research team is one of the best ways to distinguish ourselves on the market. Congratulations to all of our award-winning SA and SSA analysts.”

The Financial Mail ranking is considered to be the most prestigious survey of analysts in Africa. The research survey is estimated to cover 90% of the institutional market through confidential questionnaires completed by domestic institutional clients of South African stockbroker firms.

 

Sector

Analyst

Analyst ranking (commission weighted)

% of votes*

RESOURCES SMALL & MEDIUM CAP COMPANIES

Johann Pretorius, Steven Friedman, Kabelo Moshesha, Siphelele Mhlongo and Derick Deale

1

27.5%

AFRICA EX-SA EQUITIES

Soji Solanke, Dayo Ayeni, Nikolas Stefanou and Toyosi Oni

1

26.7%

AFRICA EX-SA NON-EQUITIES

Yvonne Mhango

1

25.8%

CONSTRUCTION, BUILDING MATERIALS & MACHINERY

Brent Madel

2

28.9%

GOLD MINING

Steven Friedman

2

27.4%

GENERAL MINING

Johann Pretorius and Siphelele Mhlongo

2

26.0%

INDUSTRIAL METALS

Kabelo Moshesha and Johann Pretorius

2

24.2%

PLATINUM AND PRECIOUS METALS

Steven Friedman

2

23.0%

COMMODITIES

Johann Pretorius, Steven Friedman, Kabelo Moshesha, Siphelele Mhlongo and Derick Deale

2

21.3%

INVESTMENT COMPANIES

Ilan Stermer

2

20.0%

DIVERSIFIED INDUSTRIALS

Brent Madel

2

17.1%

MEDIA

David Ferguson**

3

19.5%

FOOD PRODUCERS

Robyn Collins

3

14.5%

OVERALL FIRM RANKING: FUND MANAGERS' AUM WEIGHTED

Renaissance Capital

3

13.3%

OVERALL FIRM RANKING: FUND MANAGERS' COMMISSION WEIGHTED

Renaissance Capital

3

13.1%

OVERALL FIRM RANKING: FUND MANAGERS' UNWEIGHTED

Renaissance Capital

3

12.2%

INSURANCE

Francois Du Toit

4

15.2%

BANKS

Ilan Stermer

4

13.1%

FORESTRY & PAPER

Kabelo Moshesha

4

9.9%

HEALTHCARE PROVIDERS & PHARMACEUTICALS

Robyn Collins

4

9.5%

INNOVATIVE RESEARCH

Charlie Robertson

4

6.6%

GENERAL FINANCIAL

Ilan Stermer and Phago Rakale

5

9.9%

OIL & GAS AND CHEMICALS

Steven Friedman

5

7.3%

BEVERAGES AND TOBACCO

Siphelele Mhlongo

n/a

1.4%

*Share of vote on a brokerage weighted basis

**David Ferguson left the Firm in late 2019