The winners of the 48th annual Financial Mail (FM) Top Analyst Awards 2024 survey, a prestigious event run in partnership with IRESS and the JSE, were announced during a live and virtual ceremony on 9 July. The survey, which covers over 90% of the SA market and ranks analysts and firms across 40 research categories, saw Anchor Stockbrokers, an affiliate of Anchor, record an impressive performance across several categories, including the Overall Top Small Black Brokercategory winner.
Anchor Stockbrokers was awarded in the following categories by the FM:
Overall Top Small Black Broker category winner. Anchor Stockbrokers was the number-one BEE firm (out of 12 BEE firms). To qualify, firms must be more than 50% black-owned, have at least a level-2 BEE ranking, and their top-line revenue should be less than R100mn.
Number one in Quantitative Analysis: Josiah Rudolph
Number one in Real Estate: Francois du Toit, Craig Smith, Lwando Ngubentombi and Yesh Pillay.
Number one in General Finances: Harry Botha, Keenon Choonoo and Sven Thordsen.
Number three in Risk Management: Josiah Rudolph
Number three in Banks: Harry Botha
Number four in Insurance: Francois du Toit
Number four in Investment Companies: Harry Botha and Francois du Toit
Number five in Hotels, Travel, and Leisure: Sven Thordsen and Craig Smith
Number six in ESG (Firm)
Number seven in Administration Efficiency
Number seven in Corporate Access
Number seven in Sales Team
The FM survey, collected and analysed by Krutham, a subsidiary of research firm Intellidex, is conducted through a confidential online questionnaire sent to local (SA) institutional clients of investment research and stockbroker firms. This year, 27 sell-side firms submitted nominations, slightly down from 30 firms in 2023. The votes were submitted by 49 institutional/buy-side firms, vs 50 last year. These respondents included asset managers, life insurance companies, some wealth managers and hedge funds, with the FM attempting to include all the largest fund managers by assets.
The rankings above are a testament to our unwavering commitment to excellence. Anchor Stockbrokers, in its relatively short existence of eight years, competes with prominent local and global banks in the FM rating process. These impressive results, beyond our wildest expectations, demonstrate the trust we have gained from our institutional clients and the team’s dedication and hard work.
For more information on Anchor Stockbrokers, click here.
