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Sponsored by INET BFA in partnership with research company Intellidex, the event awarded South Africa's top analysts of the institutional stock broking industry. Top analysts were announced in more than 40 different research sectors and the best broking houses were named for sales, execution and overall output.
Other big winners included Macquarie First South, who had eight analysts awarded across different categories, while Renaissance Capital followed closely behind with five.
"It is important for us as the leading financial publication in SA to host a platform that acknowledges excellence in the financial services sector. The growth of the awards has been remarkable and continues to stimulate strong competition and excellence in the industry.
Congratulations to all the winners," said Financial Mail editor, Tim Cohen.
For the first time this year the new Top Young Analyst category was introduced to acknowledge promising individuals under the age of 30 in the financial sector. David Roux, from BoFA Merril Lynch, won the award for the best equity research for 'Pulp Non Fiction', and the winner of the non-equity research category was James Oberholzer from Macquarie First South, for his research on South African Thermal Coal.