Managers of Wealth Africa

ABAX rebrands to Ocorian

African trade and business expansion experts, Abax Corporate Services (ABAX), renamed Ocorian following buyout

The woman behind Nedbank's private banking

Zoganas holds 29 years' experience in the banking sector, and her vast expertise makes her a knowledgeable mentor to future leaders in the industry.

Old Mutual shareholders to get $3.5 bln from Nedbank spin-off

Old Mutual holds 52 percent of Nedbank and after the spin-off on Oct. 15 will hold around 19.9 percent, it said in a statement.

World Finance announces winners of Wealth Management Awards 2018

The organisations recognised by the World Finance Wealth Management Awards 2018 have not only been able to do so, they’ve also helped the industry overcome a number of emerging challenges.

Absa’s pan-African strategy for high net worth customers

Absa had decided to have a good offshore wealth offering.

Sasfin clocks R10bn in offshore assets in 7 years

Diversification strategy pays off amid lacklustre SA returns.

Absa set to woo Africa’s super-rich

Bank to roll out in-country wealth and investment solutions.

Absa Wealth appoints Societe Generale for Wealth International client value proposition

This deal also demonstrates the ongoing investment and our long-term commitment to the Securities Services business in the UK” comments Bertrand Blanchard, Country Head for SGSS UK.

Wealthy Kenyans invest more in foreign funds

International mutual funds or overseas funds are portfolio of equities, bonds, and money market securities traded in foreign market.

Standard Bank Wealth International delivers strong half-year results

Client deposits increased by 4.7 per cent to £5.2bn and assets under management rose by 19.4 per cent to £2.9bn.

New Report Reveals World’s Ultra Wealthy Population Growing at Nearly Four Times the Rate of Previous Year

This is a sharp acceleration from 2016, which saw only 3.5% growth of this population, reflecting more favorable conditions for wealth creation, despite volatile geopolitics.

The Absa enigma

The PIC, Coronation, Allan Gray and Prudential want an independent probe into alleged wrongdoing at Resilient — but why is Absa Asset Management rowing its own boat?

Old Mutual delivers strong debut results after split

Old Mutual shareholders will receive a total R1.45 interim dividend, consisting of a "first dividend" of 45c plus a R1 special dividend. The life insurer is pitching itself as a new company following its separation from Quilter and the change o

SA super-rich looking for a 2nd citizenship in Europe

This is according to Amanda Smit of Henley & Partners, a global citizenship and residence advisory firm. She responded to some questions from Fin24 on the matter.

Credit Suisse Is Splitting Its Main Wealth Unit Into 7 Regions

An announcement about the split, dubbed “Project Momentum,” could come as early as this week, the people said.

Union Bank Unveils ‘Elite Experience’ to Connect with Customers

The customers were also treated to makeup master classes taken by popular cosmetics brand, Zaron Cosmetics, as well as mixology classes; training on the art and science of mixing luxurious cocktails.

Barclays initiative targets 9,000 SMEs

This is in recognition of the important role the sector plays in the development of the economy,” said Head of SME Susan Situma, adding that small enterprises are well positioned to intervene in the developmental challenges that the country faces.

Why South Africa wealth management sector is growing

South Africa’s wealth management market is well positioned for success because it is a potential hub to other African wealth management markets

Standard Chartered profits jump despite rising digitising costs

Our improved performance was delivered against a backdrop of continued global economic growth, with strong trade flows and investments and US interest rates continuing to normalise.

Wealthy Kenyans stash their money in Swiss banks

These funds include deposits from Kenyans and ﬁduciary liabilities or money held in Swiss banks in trust on behalf of Kenyans.

Wealth and Asset Management