{"id":171011,"date":"2015-12-01T09:16:12","date_gmt":"2015-12-01T09:16:12","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=171011"},"modified":"2015-12-01T09:16:12","modified_gmt":"2015-12-01T09:16:12","slug":"databank-named-investment-company-for-2014","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2015\/12\/databank-named-investment-company-for-2014\/","title":{"rendered":"Databank named Investment company for 2014"},"content":{"rendered":"<p style=\"text-align: justify;\">Databank Group has been adjudged the investment company of the year 2014.<\/p>\n<p style=\"text-align: justify;\">[contextly_sidebar id=&#8221;vsSLbWx1wKQn0FqdIw9ItUtXCfQfWcpZ&#8221;]The company, beat off competition from 19 other brokerage firms who were assessed for their performances during the year 2014.<\/p>\n<p style=\"text-align: justify;\">Gold coast securities and First Banc financial services followed as silver and bronze winners respectively.<\/p>\n<p style=\"text-align: justify;\">Chief Executive of Databank, Kojo Addae-Mensah in an interview with <strong>Citi Business News<\/strong> however bemoaned how their operations have been affected by the prevailing economic challenges.<\/p>\n<p style=\"text-align: justify;\">\u201cIt\u2019s been okay but it could be better. As you know, we get a lot of income from our foreign partners and they keep telling us we are not sure where the economy is going. Even though our partners are willing to invest in Ghana, when the signals are not really good, it is sad.\u201d He said.<\/p>\n<p style=\"text-align: justify;\">Mr. Addae-Mensah further noted, \u201cThe worst signal they could have sent to us was the policy rate increase but in the last three months I must admit that the exchange rate has been stable which is good for us.\u201d<\/p>\n<p style=\"text-align: justify;\">Below is the full list of award winners.<\/p>\n<p style=\"text-align: justify;\"><strong>Fund Manager of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: Gold Coast Securities Limited<\/p>\n<p style=\"text-align: justify;\">Silver: CDH Asset Management Limited<\/p>\n<p style=\"text-align: justify;\">Bronze: First Banc Financial Services<\/p>\n<p style=\"text-align: justify;\"><strong>Broker-Dealer of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: Databank Brokerage Limited<\/p>\n<p style=\"text-align: justify;\">Silver: African Alliance Securities Limited<\/p>\n<p style=\"text-align: justify;\">Bronze: IC Securities Limited<\/p>\n<p style=\"text-align: justify;\"><strong>Research report of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: Databank Research<\/p>\n<p style=\"text-align: justify;\">Silver: First Banc Financial Services<\/p>\n<p style=\"text-align: justify;\">Bronze: Gold Cost Securities<\/p>\n<p style=\"text-align: justify;\"><strong>Best Growing New Investment Bank<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: Frontline Capital<\/p>\n<p style=\"text-align: justify;\">Silver: Brooks Asset Management<\/p>\n<p style=\"text-align: justify;\">Bronze: IGS Financial Services<\/p>\n<p style=\"text-align: justify;\"><strong>Advertising Campaign of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: EDI-Fund Databank Group<\/p>\n<p style=\"text-align: justify;\"><strong>Deal of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: HFC Bank- GH\u00a280m bond issue by HFC Investments<\/p>\n<p style=\"text-align: justify;\"><strong>Equity fund of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: EPACK investment fund, Databank group<\/p>\n<p style=\"text-align: justify;\">Silver: SAS Fortune Fund<\/p>\n<p style=\"text-align: justify;\">Bronze: Anidaso Mutual Fund<\/p>\n<p style=\"text-align: justify;\"><strong>Balanced fund of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: Christian Community Mutual Fund<\/p>\n<p style=\"text-align: justify;\">Silver: Databank Balanced Fund<\/p>\n<p style=\"text-align: justify;\">Bronze: Databank Ark Fund<\/p>\n<p style=\"text-align: justify;\"><strong>Money market fund of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: First fund- First Banc Financial Services<\/p>\n<p style=\"text-align: justify;\">Silver: Gold Money Fund- Gold Coast Securities<\/p>\n<p style=\"text-align: justify;\">Bronze: Databank Money Market fund<\/p>\n<p style=\"text-align: justify;\"><strong>Best performing stock of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: HFC Bank limited \u2013 56.25%<\/p>\n<p style=\"text-align: justify;\"><strong>Most promising young investment professional of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: Geoffrey Fathers Maison- CAL Brokers<\/p>\n<p style=\"text-align: justify;\">Silver: Joshua Foli Bavon- HFC investments<\/p>\n<p style=\"text-align: justify;\">Bronze: David Marfo- African Alliance Securities<\/p>\n<p style=\"text-align: justify;\"><strong>Portfolio Manager of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: Nii Ampah-Sowa- Databank Asset Management<\/p>\n<p style=\"text-align: justify;\"><strong>Lifetime Achievement Award<\/strong><\/p>\n<p style=\"text-align: justify;\">Ken Ofori Atta and Togbe Afede XIV<\/p>\n<p style=\"text-align: justify;\"><strong>Investment bank of the year<\/strong><\/p>\n<p style=\"text-align: justify;\">Gold: Databank Group<\/p>\n<p style=\"text-align: justify;\">Silver: Gold Coast Securities<\/p>\n<p style=\"text-align: justify;\">Bronze: First Banc Financial Services<\/p>\n<p style=\"text-align: justify;\">This year\u2019s investment awards, the fifth to be organized by the Premier Networking Investment Club, also concluded the 2<sup>nd<\/sup> Capital Markets Week of the Securities and Exchanges Commission.<\/p>\n<p style=\"text-align: justify;\">It was on the theme, \u201cThe Capital Market: An Answer to Ghana\u2019s Economic Development\u201d<\/p>\n<p style=\"text-align: justify;\">&#8211;<\/p>\n<p style=\"text-align: justify;\">By: Pius Amihere Eduku\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Databank Group has been adjudged the investment company of the year 2014. [contextly_sidebar id=&#8221;vsSLbWx1wKQn0FqdIw9ItUtXCfQfWcpZ&#8221;]The company, beat off competition from 19 other brokerage firms who were assessed for their performances during the year 2014. Gold coast securities and First Banc financial services followed as silver and bronze winners respectively. Chief Executive of Databank, Kojo Addae-Mensah in [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":171021,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Databank named Investment company for 2014 - Citi 97.3 FM - Relevant Radio. 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