Prescient Securities appoints Jonathan Kennedy-Good as Senior Equity Research Analyst

Cape Town - Prescient Securities (Pty) Ltd (PSec) has appointed Jonathan Kennedy-Good as a senior equity research analyst to cover Telecommunications, Internet and Media.

Founded in 1999, PSec is a black-owned and controlled agency-only stockbroker that provides a full-service trading offering into South Africa, rated product spanning stock research, corporate access and market intelligence, and execution services into +60 global equity markets.   

Jonathan has been the number one rated analyst in the Telecommunications sector for 13 consecutive years and brings with him 20 years of experience spanning both international and local banks.

His prior experience includes Head of South African Equity research at J.P. Morgan as well as equity research roles at Deutsche Bank, Investec, and Standard Bank. He is a CA (SA) and holds a Bachelor in Business Science (Finance Honours) and MCom (Accounting) from the University of Cape Town.

Kennedy-Good says: "Not only is Prescient Securities a trusted partner to clients in the financial markets, they also continuously invest in their people and business.  I'm excited at the prospect of joining a business firmly in growth mode, driven by an experienced team of market specialists."

The appointment comes as part of PSec's goal to constantly improve the quality of services available to its clients. It is also a key strategic objective of the business to invest in talent through skills transfer from top talent in stockbroking,

Stephen Heath, who took over the reins as CEO of PSec in November 2023 says: "With Jonathan joining PSec, it not only bolsters the quality of the research we offer, but also presents opportunities to further invest in our rising talent and other equity analysts.  At PSec, we work to constantly improve the quality of services available to our clients".

In July 2023, PSec became one of the first South African agency-only stockbrokers to trade on A2X, an alternative exchange for listed South African stocks.  With Jonathan joining the team, PSec expects to increase its sector coverage from three to seven sectors in 2024, with the number of stocks under coverage increasing to ~30. 

This is another significant milestone for PSec and evidence that as the business continues to grow, we remain committed to reinvesting in our business and talent.