There are not many medals of honour, accolades, gold stars and trophies in the political analysis business (and quite right too), but I achieved an acknowledgement last week of which I am particularly proud.

Once a year the Financial Mail commissions a poll of the top 30 or so South African asset managers (life assurers, retirement and pension funds, private client investment managers and hedge funds).

This year the polled group had a total of about R3.7 trillion assets under management,  a significant portion of which is the savings and pensions of ordinary South Africans.

How this business (from which I derive a significant portion of my income) works is JSE member firms (basically stock brokers) employ or contract specialists to produce research that somehow aids the fund manager in making the best investment decisions. If the research added value to the fund manager’s decision the broker would be paid either directly or in the form of a commission of some kind.

For the past year I have been lucky enough to have had a contract with Religare Noah Capital Markets to provide analysis of political trends and industrial relations to that firm’s fund manager clients. My name was thus in the pot when the fund managers voted and this is how it turned out:

I am particularly pleased to receive this award – and not only because  it comes with a nicely framed scroll that, if I ever again get an office, will look quite handsome on the wall.

The main reason for my appreciation  is that the ranking is based on a vote by investment professionals, who in one way or another, have to pay for the analysis.

I am about to move my main contract to a new firm, BNP Paribas Cadiz Securities which combines the strengths of powerful French investment bank BNP Paribas and Cadiz Securities, a South African-based specialist equity derivatives broking and research company.

So I thought I would use this moment and forum to thank Religare Noah Capital Markets for the work they have given me over the last year – I appreciate the support and opportunity and wish you all well in the future.

(Note:  There are several names below mine on the scoreboard up there of excellent economists, strategists and other species of financial analyst who would not see themselves primarily as “political analysts” – so the fact that I have outscored them is no reflection of the value they add to the fund managers … and, in fact, several of them were highly ranked in other categories.)