Emlyn Flint has firmly established himself as a rising star: the 29-year-old Peregrine Securities analyst wins the Young Analyst of the Year award in the nonequities category for the second year running. His entry in the maiden Young Analyst competition in 2015 was placed third. BPI Capital’s Lara Simpson wins the Young Analyst award in the equities category for her research paper on Nigerian Breweries. Flint’s entry this year, The Information Hidden in Derivatives Markets, describes how one can extract and use information embedded in options market prices. It is co-authored with Anthony Seymour and Florence Chikurunhe, but Flint is the lead researcher on the paper. Marco Efstathiou, a member of CFA Society SA and co-convenor of the judging panel with Dayne Morkel of Lionheart Capital, was particularly impressed by the "academic rigour" applied to a commercial report. "It was put in a way that makes sense, but it’s also commercially viable. That’s inspired. Yes, one needs a level of...

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