Renaissance Capital demonstrates top performance in Africa analyst ranking
5/29/2012 6:00:46 PM -
Accra, May 29, GNA - Renaissance Capital, the leading emerging markets investment bank, has underlined the quality of its established and expanding African research coverage by winning multiple awards from South Africas foremost weekly financial publication.
In Financial Mail Analyst of the Year 2012 awards, published recently, Renaissance Capital ranked Number One Overall (unweighted), and Number One for Other African Economies and Markets. In addition, the Firm ranked Number Three Overall in Dealing.
The awards are testament to Renaissance continued investment in strengthening its established Africa research franchise. With sophisticated research coverage, spanning 16 African countries, Renaissance analysts provide a unique, independent perspective on their respective sectors of the economy and individual stocks; covering Africa and the broader EMEA markets.
Commenting on the awards, David Nangle, Head of Equity Research, Renaissance Capital, said, The quality and depth of Renaissance Capital analysts, who live and work in the markets that they cover has enabled our research team to become an undisputed market leader across the Sub-Saharan Africa space.
Continued strong performance in the Financial Mail rankings further underscores our firm success in building the leading emerging markets research team, whose footprint beyond Africa extends to Russia, the CIS, Emerging Europe and Asia.
Renaissance Capital, a leading investment bank focused on emerging markets (EM) and Africa, has presence in 20 countries, six of them in Africa. The firms global distribution of equity and debt securities and research is managed from hubs in London, New York, Moscow and Hong Kong.
Its on the-ground presence in key African markets complement the firm established EM platform, and its focus on intermediating cross-border investment flows.
Renaissance Capital has fully fledged investment banking businesses in the major Sub-Saharan African (SSA) and international markets. It has been present in Nigeria since 2007, and operates a comprehensive investment banking, research and sales and trading business in the country, with more than 30 professionals on the ground and 170 overall covering SSA.
Renaissance Capital is part of Renaissance Group, which comprises established investment, asset management, consumer finance, real estate and advisory businesses.