30 May 2018
Renaissance Capital records excellent performance in 2018 Financial Mail Top Analyst Awards

Firm rises to fourth overall in 2018 equity research ranking according to Financial Mail


Johannesburg, 30 May 2018 – Renaissance Capital, a leading emerging and frontier markets investment bank, has delivered a strong and improved performance in the 2018 Financial Mail Top Analyst Awards, conducted by South Africa's leading weekly business and financial magazine, with excellent team results and outstanding individual rankings across a wide range of categories.


The Firm was ranked fourth for overall equity research at the Financial Mail Awards ceremony, a significant improvement on last year's sixth position. This very strong team result was underpinned by continued excellence in individual categories, with three analysts in Renaissance Capital's Sub-Saharan African research team in first place in their respective categories on a brokerage-weighted basis, and top-three positions recorded across 12 categories.


Johann Pretorius, Head of Research, Africa, ranked number one in General Mining, up from second in 2017; Yvonne Mhango, Head of Research, Sub-Saharan Africa, retained her top position in the Africa Ex-SA Non-equities category from last year; while David Ferguson was named the leading analyst in the Media category. Kabelelo Moshesha was among the top three in the Young Analyst of the Year category.


Renaissance Capital performed strongly across the board, with a full list of the Firm's individual top-four positions below:


#1 ranking: Johann Pretorius (General Mining); Yvonne Mhango (Africa Ex-SA Non-equities); David Ferguson (Media)


#2 ranking: Johann Pretorius, Steven Friedman, Kabelo Moshesha & Siphelele Mhlongo (Resources Small & Medium Cap Companies); Brent Madel (both Construction, Building Materials & Machinery and Diversified Industrials); Francois du Toit (Insurance); Robyn Collins (Food Producers)


#3 ranking: Kabelelo Moshesha (Young Analyst); Kabelo Moshesha and Johann Pretorius (Industrial Mining); Brent Madel (Financial and Industrial Small and Medium Market Cap Companies); Dayo Ayeni and Temilade Aduroja (Africa Ex-Sa Equities)


#4 ranking: Ilan Stermer (both Banks and Investment Companies); Ilan Stermer, Francois du Toit and Phago Rakale (General Financial)


The Renaissance Capital team also achieved top-six ratings in the following sectors: Platinum and Precious Metals; Commodities; Gold Mining; Oil & Gas; and Innovative Research.


Johann Pretorius, Managing Director, Head of Research for Africa and Head of Metals & Mining Research, Renaissance Capital commented: "We are delighted with Renaissance Capital's outstanding performance in this year's Financial Mail Awards. On behalf of the Firm, I would like to congratulate all of our award-winning analysts and the African research team. We have significantly built up our research offering in Africa, with over 25 analysts covering more than 130 stocks. This year’s Financial Mail ranking is another true reflection of the market-leading product that we offer across our coverage universe, and we look forward to continue pioneering African capital markets and delivering cutting-edge insights for our clients."  


The Financial Mail ranking is based on a confidential questionnaire of the largest institutional investors in South Africa, with this year's funds estimated total assets under management of $430bn. The awards are considered the most prestigious survey of analysts in Africa.