PERTH – November 16, 2012 – Perth's top performers in the Capital Markets industry were recognised last night in an augural awards afternoon at the Trustee Garden Bar.
Winners were judged over the course of the 2011 – 2012 financial year by an organising committee comprised of Senator Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, Jamie Coote and Chris Oldfield from the Australasian Securities Dealers Association (ASDA), and David Tasker from Professional Public Relations.
“The results were based on a combination of published ASX data as well as independent research conducted by phone and in person, both with nominees and industry stakeholders,” said Mr Coote, Chairman of ASDA. “In recognising these outstanding achievers, the committee has endeavoured to reward outstanding results achieved through an ethical approach to capital markets,” he added.
Innovator of the Year Award went to Amscot Stockbroking for their design and development of the online broking platforms. Amscot has previously won numerous awards for this program, which competes with CommSec, BellDirect and Etrade. Bloomberg recognised Alan Hill and his team at Amscot as the largest Perth based stock broking firm by volume and value in 2011 – 2012.
Trading Desk of the Year Award was awarded to Argonaut Securities. “The productivity of their brokers is far ahead of most offices in not only Perth, but Australia wide, and on this basis, Argonauts efficiency has seen it continue to perform through tough market conditions,” said Mr Coote.
Corporate Transaction of the Year was awarded to Capital Investment Partners for the Wah Nam transaction, which was worth over $800 million. Research House of the Year went to Argonauts, who have invested heavily in research over recent years.
Hartleys was recognised with Corporate Desk of the Year for raising over $400 million in transactions as well as advising on over $300 million worth of merger and acquisition deals.
Finally, Alan Hill was presented with a Fellow of the Securities Industry, presented by Jamie Coote for his 30 years experience which spans equity research, corporate advice, raisings and stockbroking management.
“Alan has built a phenomenal business in Amscot, which interacts with capital markets through retail, wholesale and advisory capacities,” said Mr Coote. “It is this experience which has seen Alan build Amscot and StateOne into the the largest individually held broker businesses in Australia,” he added.
A presentation on 'Working in the Zone' was also given by Professor Ray De Silva Rosa, who is Associate Dean International at UWA Business School, the University of Western Australia. He lectures in Investments, Advanced Corporate Finance, and Mergers & Acquisitions.
Senator Cormann pleased the audience with his pledge to reduce bureaucratic red tape, business costs and the MRRT after the next year should the coalition be elected.
