Managers of Wealth Africa

UBS looking to close dealmaking and advisory business in MENA region

The bank also decided to withdraw its on-the-ground activities in the last few weeks.

Stonehage Fleming buys South African firm Rootstock

This will add AUM and investment expertise, together with a presence in Stellenbosch, to Stonehage Fleming, strengthening its position in the South African domestic market.

Investec hires more financial advisers for young clients

Niche bank targets about 60,000 professionals in its client base who are still accumulating wealth

Global wealth set to contract over 2% in 2022

Average nominal growth of financial assets is expected to be at 4.6% until 2025, according to Allianz

What East Africa’s Tide Of WEALTH Looks Like

FORBES AFRICA takes a look at these movements on how the wealthy and ultra-rich in East Africa are changing the way they manage their assets.

Wealth Preservation, across the Continent, is Key to the Growth of any Economy

According to a 2019-2020 report by New World Wealth, people living in South Africa together hold $636 billion in wealth.

Former microfinance becomes largest private bank in Ethiopia

ACSI began operations in 1995 as a department of the organization for the Rehabilitation and Development of Amhara (ORDA), a local non-government organization, and was licensed as a separate micro finance share company in April 1997.

South Africa, Egypt, and Nigeria possess 56% of Africa’s wealth

The world is not on track to meet almost any of the “sustainable development goals” adopted by the UN in 2015, according to a new report by the Bill and Melinda Gates Foundation.

Barclays to expand private banking operation in Africa

With a focus on South Africa, Nigeria and Kenya

Barclays Expands Africa Offering to Target $2 Trillion of Wealth

Super-rich Africans increasing investment in UK properties

The Culture of Innovation, the Path Way to Nigeria's Wealth

It is the role of the leader to drive the culture of innovation, argues Linus Okorie

Standard Bank Wealth and Investment wins two prestigious Le Fonti® Awards

This year, Standard Bank stood out among stiff competition, including top financial services firms and companies from around the world.

Invesco partners with UAE wealth firm to create model portfolios

To fill ‘gap in the market for tried and tested investment solutions for international clients’

Northern Trust Asset Management Launches Quantitative ESG Strategy for EMEA and APAC Investors

The NT World Quality ESG Strategy Expands Manager’s Sustainable Quantitative Global Offering in EMEA and APAC

Standard Bank Wealth and Investment recognised at Euromoney Awards for Excellence

Being recognised by one of the world’s most trusted financial publications demonstrates that we have achieved the level of excellence we strive for in delivering value to our clients and their families.

NatWest considering bid for wealth manager Quilter

The lender remains 48% owned by UK taxpayers after a government bailout during the financial crisis more than a decade ago.

Africa’s best bank for wealth management 2022: Standard Bank

At the end of 2021, Standard Bank boasted R122 billion ($7.7 billion) in total wealth and investment assets under management in discretionary portfolios.

Old Mutual opens Sh10m wealth management service

The personalised service will be available in three investment portfolios –conservative, moderate, and aggressive- depending on the client’s risk appetite.

Attitudes To Islamic Wealth Management In Africa

The devastation brought on by the COVID-19 pandemic has drawn into sharp focus the exigency of viable succession planning for corporates, affluent individuals, and family offices.

Citigroup’s $US1b family office clients profit from wild markets

Some of the biggest and most sophisticated include Ray Dalio’s namesake family office, Michael Dell’s MSD Capital and Stanley Druckenmiller’s Duquesne Family Office.

Wealth and Asset Management