Managers of Wealth Africa

The 25 biggest wealth managers in the world revealed

The top five groups run over $5.8 trillion in assets with Asian groups making their presence felt in this year's ranking.

Quilter listing a possible boon for investors

Quilter is the rebranded Old Mutual Wealth, which will be unbundled from the insurance group at the end of June

Bob Diamond's Atlas Mara posts profit rise

We have appointed John Staley to the position of Chief Executive Officer, effective 1 May 2018.

IFC invests in Bank of Africa to expand SME lending across eight African countries

IFC’s investment will cover as much as 50 percent of the risk on up to $120 million equivalent in loans to local SME’s in Burkina Faso, Ghana, Madagascar, Mali, Niger, Senegal, Tanzania and Togo.

Five-Star hotels, a sure bet for rich investors

Kenya has only 19 five star-rated hotels, according to the latest classification list, hence there is room for more luxurious spaces to accommodate business travellers and tourists.

Number of high-net-worth individuals in South Africa to balloon over the next decade

New World Wealth is a Johannesburg-based market research and consulting firm that offers a range of analytical services.

I want to be Africa’s biggest philanthropist, Dangote says

“I will continue to use my resources and my voice to help shape a better Nigeria, and Africa as a whole,” the businessman said.

Investec’s UK specialist bank was the only drag on full-year profit

The UK specialist banking arm — the group’s second-biggest profit generator — suffered a 9% fall

Citi PB’s Rankin: Illiquidity tolerance has grown… here’s why

Rankin said that a greater understanding of thematic investing – such as following structural themes or so-called ‘mega trends’ – has also boosted this shift.

Bank Of Africa Eyes A Pie Of Big Four Agenda In New Drive

The Bank has partnered with industry experts that will tackle topics affecting businesses including; people, processes, funding, risk management and models of scaling up.

Nedbank Sees Full-Year Growth In Line With Target After First Quarter

It expects diluted headline earnings per share to be "in line" with its medium to long-term target of at least gross domestic product plus consumer price inflation plus 5%.

Investors may get Old Mutual break-up bonanza

The group, which held what is expected to be its last annual general meeting in London on Monday, was on schedule and below budget with the managed separation strategy it embarked on just over two years ago, Old Mutual plc chairman Patrick O’Sulliva

Old Mutual trading in line, Quilter cash flow up 14% in Q1

Old Mutual announced in November last year that it was rebranding as Quilter following its separation from its parent company.

My time in South Africa – Investec’s Peter Izard

As many people are aware, there is considerable wealth in the country but also extreme poverty, the abundance of shanty towns is a stark reminder of this.

Old Mutual comes back home to list on JSE

CEO Peter Moyo describes the end of Old Mutual Plc in London and what shareholders and buyers can expect.

Sanlam makes enormous strides into Africa

The decision to take over Saham creates a Cape to Casablanca empire, with many benefits as well as some challenges

Winners of annual Wealth Management Awards revealed

The winners of the World Finance Wealth Management Awards, 2017, have demonstrated confidence in avoiding such pitfalls.

Standard Bank reports strong 2017

Standard Bank Wealth International is 100 per cent owned by Standard Bank Group, the largest bank in Africa by assets

Old Mutual Wealth confirms name change

The first business to be renamed is expected to be the multi-asset business, which will become Quilter Investors.

Sasfin Wealth delivers a ‘particularly good’ six months

CEO Michael Sassoon reports that the group’s H1 balance sheet was ‘pretty good’, but a credit and tax issues impaired the result.

Wealth and Asset Management