Ghana Investment Awards set for Thursday, nominees out

The prestigious Ghana Investment Awards (GIA), which recognizes excellence in the Ghana Investment Banking Industry, has announced the shortlist of award winners for the 2016 edition which comes of on Thursday.

The awards, which is in its sixth edition, will assess the performance of twenty-two (22) brokerage firms and One hundred and fifteen (115) investment advisor firms duly licensed by the Securities and Exchange Commission (SEC) and all listed equity on the Ghana Stock Exchange (GSE).

In all, eleven (11) category of awards will be presented at the Kempinski Hotel, the venue for the event.

Only one award trophy will be presented to award categories with three (3) shortlisted.

All other categories will be presented with three award trophies (Gold, Silver, Bronze). The Lifetime Achievement Award is non-competitive; and it is conferred on an individual selected by major stakeholders.

The awards are collaborated by the Premier Networking Investment Club (PNIC), a business networking and investment club made up of over sixty professionals within and outside Ghana.

The event is organized with the support of the Securities and Exchange Commission, the Ghana Stock Exchange and the Ghana Securities Industry Association.

The nominees

A.CORPORATE AWARDS

Award 1 – Investment Advisor of the Year (Fund Manager)

EDC Investment Management Ltd.

FirstBanC Financial Services Ltd.

Gold Coast Securities Ltd.

Unisecurities Ltd.

Past Winners:

Gold Coast Securities Ltd., 2014, 2013, 2012, 2012 Winner

Databank Investment Management Services Ltd., 2010 Winner

The winning institution recorded the highest increase in value of asset under management in the year under review.

Award 2 – Broker- Dealer of the Year Award

African Alliance Securities Ltd.

Databank Brokerage Ltd.

EDC Brokerage Ltd.

New World Securities Ltd.

Past Winners:

Databank Brokerage 2014, 2013, 2012, 2010 Winners

EDC Brokerage Ltd., 2011 Winner

This winning institution performed the highest in total value of brokerage transactions in the year under review.

Award 3 – Best Growing New Investment Bank

Gateway Wealth Management Ltd.

Global Investment & Financial Services Ltd.

Mcottley Capital.

Weston Capital Ltd.

Past Winners:

Frontline Capital Ltd 2014, 2013 Winner

IFS Capital Ltd., 2012, 2011 Winner

A compounded average growth rate of funds under management for a three year period was considered in determining winner for this category. Institution should be less than five years old at the end of the review period. Winning institution indicated a consistent growth.

Award 4 – Advertising Campaign of the Year

CDH Asset Management Ltd.- CDH Balanced Fund Advert

Databank Asset Management Services Ltd. – Databank E-pack Investment Fund Advert

FirstBanC Financial Services Ltd. Advert

Past Winners:

Edi Fund Ad Campaign- Databank, 2014 Winner

Spendsome Savesome- Firstbanc Financial Services Ltd., 2012 Winner

Winning advertising campaign showed a great depth of innovation and creativity.

A.FUND AND PRODUCT AWARDS

Award 5 – Money Market Fund of the Year

Firstfund – FirstBanC Financial Services Ltd.

Omega Income Fund – Omega Capital

Richie Rich Unit Trust – IFS Capital

Past Winner:

Firstfund- FirstBanC Financial Services Ltd. 2014, 2013, 2012, 2011, 2010 Winner

Nineteen (19) collective investment schemes operational at the end of 2015 and categorized as Money Market Funds were automatically entered for the awards.

These funds were assessed for the period under review to determine top performer. The winning fund produced consistent positive returns for the review period.

Award 6 – Balanced Fund of the Year

Databank Ark Fund – Databank Asset Management Services Ltd.

EDC Kiddi Fund Mutual Fund – EDC Investment Managers Ltd.

Merban Fund – UMB Investment Holdings Ltd.

Past Winners:

Christian Community Mutual Fund- CCML 2014 Winner

Databank Balanced Fund- Databank Investment Management Services Ltd., 2013 Winner

HFC Future Plan Trust- HFC Investment Managers Ltd., 2012, 2011 Winner

EDC I Fund- EDC Investment Management Ltd.- 2010 Winner

Ten (10) collective investment schemes operational at the end of 2015 and categorized as Balanced Funds were automatically entered for the awards. These funds were assessed for the period under review to determine top performer. The winning fund produced consistent positive returns for the review period.

Award 7 – Equity Fund of the Year

Anidaso Mutual Fund Ltd. – New Generation Investment Services Ltd.

CM Fund – SDC Brokerage ltd.

SAS Fortune Fund – Strategic African Securities Ltd.

Past Winners:

E-pack Investment Fund- Databank Investment Managers Ltd., 2014 Winner

HFC Equity Trust- HFC Investment Managers Ltd., 2012, 2013 Winner

HFC REIT- HFC Investment Managers Ltd., 2011, 2010 Winner

Eleven (11) collective investment schemes operational at the end of 2015 and categorized as Money Market Funds were automatically entered for the awards.

These funds were assessed for the period under review to determine top performer. The winning fund produced consistent positive returns for the review period.

B. INDIVIDUAL AWARDS

Award 8 Most Promising Investment Professional of the Year- Under 28

Selorm Afudego CFA1, GSE, Bsc (Maths) -Databank Brokerage Ltd.

Benjamin Amoah-Adjei, BA (Econs), ACCE, GSE -FirstBanC Financial Services Ltd.

Tessa Batsa Pardi, BSc (Act. Science), CFA 1, GSE -Unisecurities Ltd.

Karl Ocran CFA, BSc (Admin), GSE -Frontline Capital Advisors Ltd.

Boakye Ogyem Emmanuel, CFA2, BA(Psy), GSE -Cornerstone Capital Advisors Ltd.

Margaret A. Johnson, BSc (B & F), MSc (Fin. & Inv), GSE -HFC Investment Services Ltd.

Past Winners:

Geoffery Fathers Maison- Cal Brokers- 2014 Winner

Yaw Adu-Koranteng- NDK Investments Ltd.- 2013 Winner

Sophia Kafui Teye- HFC Investments Ltd. 2012 Winner

Derrick Asare-Mensah- SIC Financial Services Ltd.- 2011 Winner

Nii Nartei Nartey- EDC Brokerage Ltd- 2010 Winner

Candidates exhibited knowledge, skills and values required of professionals in the securities industry, strong traits of leadership and a good mentorship culture.

In a final interview, most deserving candidates demonstrated some contribution to industry activity and showed a strong passion and a good knowledge of relevant developments in the global capital market environment.

Awards 9 – Fund Manager of the Year Awards (Portfolio Manager)

Anidaso Mutual Fund – New Generation Investment Services Ltd.

First Fund -FirstBanc Financial Services Ltd.

SAS Fortune Fund – Strategic African Securities ltd.

Past Winners:

Nii Ampa-Sowa- Databank Asset Management Ltd.-2014 Winner

Genevieve Abban- HFC Equity Trust Fund Ltd- HFC Investments Ltd.- 2013 Winner

Genevieve Abban- HFC Future Trust Fund Ltd- HFC Investments Ltd.- 2012, 2011 Winner

Managers of forty (40) collective investment schemes were considered for this award.

The winning manager managed funds in excess of the minimum required funds under management of GHS10m and returned the highest geometric average in the three year period ending 2015.

The winning fund produced consistent positive returns for the review period.

Awards 10 – Investment Bank of the Year Award

Databank Group

FirstBanC Financial Services Ltd.

Past Winner:

Databank- 2014 Winner

The winner scored the highest in weighted average in the main award categories of the awards.

Award 11 – Life Time Achievement Award

Dr. Charles Asembri

Past Winners:

Ken Ofori-Atta & Togbui Afede XIV- 2014 Winners

Dr. Yeboa Amoa- 2013 Winner

Mr. Samuel Oduro Mintah- 2012 Winner

Dr. Sam Mensah- 2011 Winner

The winning individuals have contributed significantly to the development of the Investment Banking industry.

By: citifmonline.com/Ghana

Comments