Managers of Wealth Africa

UBS asset management leadership gets a refresh

The unit is undergoing streamlining, cost reductions.

DIFC fortifies position as preferred global hub for wealth and asset management firms

Total number of wealth and asset management firms surpasses 370 in the first quarter of 2024

Nedbank Private Wealth recognised as best UK private bank for tenth consecutive year

Winners are determined by a public online vote, which this year saw a new record of over 50,000 votes being cast.

FirstBank emerges best private bank for sustainable investment in Africa

The Bank has remained consistent in reinventing itself, enabling success through the years of its existence for the last 130 years

RMB Private Bank wins big at the 2024 Euromoney Private Banking Awards

RMB Private Bank named SA’s Best Private Bank for Ultra High Net Worth Individuals for the second consecutive year

South Africa has lost over 11,000 millionaires

HNWIs are defined in the report as individuals with “liquid, investable wealth” exceeding US$1 million (~R19 million at current rates).

Stanbic IBTC Bank wins big at the 2024 Euromoney Global Private Banking Awards

These awards recognise institutions that demonstrate exceptional performance in providing clients with superior advice, service and solutions.

StanChart ties up with Old Mutual for wealth platform

The partnership is looking to expand in the Middle East, Africa and Southeast Asia.

How long you would need to work to become one of the richest people in South Africa

The richest man in the world, LVMH’s Bernard Arnault – $223 billion (R4.1 trillion) – is also in the luxury goods business.

RMB Private Bank wins big at the Euromoney AwardsOnce again named as the best private bank for ultra-high-net-worth Individuals in SA.

The awards recognise the achievements of the world’s top private banking and wealth management institutions in client service, product innovation, and commitment to the industry.

FNB awarded Africa’s best international private bank

This is the second consecutive year FNB is receiving the award from Euromoney.

R37 million payout for South Africa’s richest man

Despite the massive drop in total earnings, the group maintained its interim dividend at 80 cents per share.

Digital innovation in wealth management

Since the financial crisis hit the markets in 2008, the sector has experienced massive changes, and the pandemic has only accelerated the pace of these changes.

Alarm bells for middle-class and rich South Africans

Product-specific metrics also changed for the worse year-on-year, with home loans and credit cards showing the largest deterioration at 60% and 14%, respectively.

Insights on Jersey’s Position in Islamic Wealth Management

Faizal’s contribution to the prestigious report further solidifies Jersey’s position as a forward-thinking, award-winning international finance centre

South African billionaire digging for diamonds – while watching Shoprite’s star shine

“South African mining is made up of pioneers, but this type of mining is not easy and gives patchy profits at best,” said David Shapiro

Ocorian joins global elite as WealthBriefing MENA awards winner

Each of the award categories is highly contested and is subject to a rigorous process before the ultimate winner is selected by the judges.

‘R29 billion’ Please Call Me idea could make Makate one of the richest people in South Africa

According to Makate, he had an idea for a free missed-call service that he shared with his superior at Vodacom in 2001.

'Connected Wealth' is a winning approach for SA's Top Private Bank

Nedbank Private Wealth took home an incredible 11 accolades at the 2023 Intellidex Top Private Banks & Wealth Managers Awards

The plan for R4.5 billion in unclaimed dividends in South Africa

The plan essentially is to reunite individuals with unclaimed or ‘lost’ entitlements stemming from limited or outdated information about the owners or holders of shares.

Wealth and Asset Management