Investment Analysts Society of Southern Africa
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The Investment Analyst's Society of Southern Africa (IAS) is the liaison body for the financial analyst profession in South Africa. It is based in Johannesburg South Africa, but also has members based in Cape Town and Durban.
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[edit] Membership
The IAS currently has 2100 members drawn from all walks of the analyst profession including Investment Banks, Fund Managers, Brokers, Insurance Companies, and Pension funds.
In order to qualify for membership applicants must be employed in the field of financial analysis and must have either a post-graduate business qualification or at least 3 years experience as an investment analyst.
[edit] Activities
The IAS is probably best known for hosting and scheduling listed company results presentations.
Each year, the IAS promotes a prestigious awards ceremony in recognition of the skills of those listed companies who win the award for "Best Communicating and Reporting".
One of the key objectives of the IAS is to promote education in the field of investment analysis. In conjunction with The Johannesburg School of Finance, the IAS runs certificate courses in “Securities Investment Analysis” [1], as well as CFA training workshops and corporate specific courses.
[edit] Investment Analysts Journal
The society publishes a bi-annual peer reviewed academic journal aimed at investment professionals. The journal is regarded as the premier South African finance journal and receives academic support from the University of Cape Town, Stellenbosch University and the Gordon Institute of Business Science.
[edit] Status
The IAS is a non-profit making body and was registered in 1968 as an "association not for gain." It is currently examining the possibility of becoming established as a legal regulatory authority for the profession in South Africa.
The IAS is managed by a pro bono board and one full-time Executive Officer. The current chairman is Mr. Michael Brown, the current deputy chairman is Mr. Garreth Elston and the executive officer is Ms. Ann Marie Wood.