11/05/2019
‘Diversified Old Mutual cushioned from inflation’
As at November 1, 2019, OMZIL shares were trading at ZWL 3,698 cents on the Zimbabwe Stock Exchange.
Wealth and Asset Management
11/01/2019
Brewin Dolphin Boosts Irish Presence As Completes Investec Wealth Buy
Brewin said the total consideration, of EUR50.2 million, consisted of EUR13 million in net assets and client relationships of EUR37.2 million.
10/30/2019
These graphs show how wealth in South Africa has flatlined
“This is largely due to currency depreciation, as the rand has lost half its value since 2010,” the group said.
10/15/2019
Barclays Bank Seychelles to Begin Blue-to-Red Transformation Into Absa
Barclays Bank Seychelles said it is taking a sequenced approach to its change plans
10/15/2019
Standard Bank banks top accolades at Private Banker International Global Wealth Awards
Standard Bank’s global head of wealth and investment Chris Browne said these awards were a testament to the lender’s ongoing commitment to wealth preservation and service excellence.
10/15/2019
Ocorian expands African footprint with new East African office
Operating from the Nairobi office, we have also appointed Andrew Musoke as Business Development Director.
10/14/2019
A Royal encounter: Sanlam's brush with the Sussexes, and why the Queen is the ultimate family business CEO
This is such an exciting time for our industry
10/07/2019
HSBC forecasts economic slowdown in Q4, rules out recession
The bank adopts a mild risk-off stance on equities with a preference for defensive sectors over cyclicals
09/26/2019
High net worth investors look offshore
Alternatives are generally described as assets or investment strategies other than traditional equities, bonds or cash instruments
09/20/2019
UN to launch Principles for Responsible Banking
The Principles provide the framework for a sustainable banking system, and help the industry to demonstrate how it makes a positive contribution to society.
09/20/2019
Investec issues profit warning as wealth restructure hits earnings
Investec has warned that profits over the six months to the end of September are likely to fall on ‘challenging’ conditions
09/17/2019
Africa Wealth report shows SA is losing its lustre
High-net-worth individuals looking to hedge their investment bets look to Mauritius instead.
09/16/2019
Top 10 Richest Cities In Africa
The report highlights that the total wealth held in this city amounts to USD 248 Bn
09/15/2019
South Africa’s rich are paying millions for EU citizenship via Malta
And according to United Kingdom visa company MoveUp, there was a 22% increase in emigration to the UK in the last two years, with 2018 serving a record breaking year for emigrations.
09/15/2019
The 2019 Africa Wealth Report ranks the wealthiest countries in Africa
This report provides a review of the wealth sector in Africa, including high-net-worth individuals’ market, luxury trends and wealth management insights across the continent.
09/12/2019
Wealth Inequality: Africa’s 3 Richest Billionaires Hold 50% Africa’s Wealth
There are 20 billionaires in Africa, living alongside 413 million people in extreme poverty.
09/10/2019
Evolution of wealth management with increasing use of fintech touchpoints
Fintech and human expertise knit together as a hybrid model for wealth management.
09/06/2019
Sanlam forecasts recovery after tough first half
The performance was fairly broad based driven by solid organic growth
09/01/2019
Towards a new horizon in global client relationship management
Companies, investors and families are branching out, both into new geographies and new areas of activity.
08/25/2019
Mauritius Commercial Bank opens an office in Dubai
In his new capacity, Graewert will be working closely with MCB’s senior management team and strategic business units based in Port Louis, Mauritius.