Financial Mail Top Analyst Awards
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South Africa's definitive analyst ratings

FM Analyst Ratings

Eleven years of Financial Mail rankings — now searchable online

The FM Analyst Ratings have been South Africa's leading assessment of sell-side research since 1974. This portal gives you access to the full ratings and rankings database — every analyst, every sector, every year from 2014 to 2026.

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4,508 Analyst records
12 Years of data
39 Research sectors
1974 Ratings established
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Find any analyst or firm across all sectors and years. Filter by methodology — commission weighted, AUM weighted, or unweighted.

Track performance over time

See how analysts and firms have ranked year by year since 2014. The most comprehensive longitudinal record of South African sell-side research.

Firm-level rankings

View overall firm performance and category-by-category breakdowns. Benchmark your institution against the market.

Independent research

Krutham conducts the annual research programme as an independent research house. Rankings are determined solely by buy-side asset managers — the primary clients of sell-side research.

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The partnership behind the ratings
Financial Mail
Publisher

Publishes the annual FM Top Analyst Awards and provides editorial oversight of the ratings programme.

Krutham
Independent research

Conducts the annual research programme as an independent research house and produces the FM Analyst Ratings.

JSE
Awards host

Hosts the FM Top Analyst Awards ceremony and supports the annual research programme.