11/22/2023
IQ-EQ wins two awards at the AGF Service Providers Awards 2023
The awards were created to honour and generate both industry and public recognition of the outstanding efforts and accomplishments of fund service providers covering Africa.
Wealth and Asset Management
11/21/2023
Middle-class South Africans are ‘losing’ over R10,000 every month
Research and analytics firm Eighty20, in its latest Credit Stress Report, defined middle-class workers as those households with an income of nearly R25,000 a month and a personal income of R15,000.
11/16/2023
Credo merges with South African investment firm to aid global expansion
The combined business will provide UK investors with access to a broad range of investment solutions, and both domestic and global investment solutions to South African investors.
11/14/2023
Investec named SA's best private bank and wealth manager
London's Financial Times accolade recognises group's face-to-face, deep client relationships and personalised financial ecosystem
11/13/2023
Nedbank Private Wealth: South Africa’s Top Private Bank 2023
Being on track, means we are backed by Connected Wealth
11/02/2023
Barclays doubles African private banking business via Credit Suisse referral agreement
The bank is now serving billionaires and affluent families across South Africa, Nigeria, Ghana, and Kenya, with a particular focus on the agritech and fintech sectors.
11/02/2023
MM Meets… FNZ’s Alastair Conway: ‘I’ve got the best of both worlds’
The UK, Middle East and Africa CEO is relishing his main task of furthering FNZ’s mission of ‘opening up wealth’
10/23/2023
South African Billionaire Johann Rupert loses $3.9 billion in over 90 days
In the past three months, the stock had a decrease of 28 percent, resulting in the market capitalization falling below US$67.11 billion, which caused a sharp drop in Rupert’s ownership in Richemont.
10/20/2023
World's Best Private Bank Awards 2024
The winners are not always the biggest institutions, but rather the best—those with qualities that individuals rate highly when choosing a provider.
10/19/2023
Private banking trends in South Africa – everything you need to know
As the clear leader in the private banking sector, Nedbank Private Wealth is constantly looking to the future to see which trends will have the biggest impact on the industry and the country.
10/18/2023
Massive pay gaps: CEOs earning up to 950 times more than the average worker in South Africa
According to the researchers, South Africa has historically high income and wealth inequality.
10/16/2023
Top 20 universities that have produced the most ultra-rich people
One-third of the world’s centi-millionaires live in 50 key cities across the globe, with New York City in first place with 775.
10/16/2023
Gold: Is it time to shine again?
Why, when it comes to the yellow metal, it’s all about timing.
10/11/2023
The cities in South Africa where billionaires pay up to R100,000 per sqm for apartments
Dr. Juerg Steffen, CEO of Henley & Partners, said that $100 million or more must be acquired to be considered super wealthy today.
10/10/2023
How Barclays’ big play re-energized its Africa private wealth business
Credit Suisse had just unveiled a strategic refresh that involved divesting its hedge fund business and shifting more resources to wealth management.
10/10/2023
FNB CEO and FirstRand execs score massive R200 million payday
The group also noted key leadership changes at the group, with both group CEO Alan Pullinger and FNB CEO Jacques Celliers moving on from their roles.
10/09/2023
Nedbank Private Wealth triumphs at the 2023 Intellidex Top Private Banks and Wealth Managers Awards
The awards are based on various criteria
10/04/2023
KENDRIS – Accredited by DIFC Family Wealth Centre
The DIFC Family Wealth Center is a one-stop shop for global and regional family business structures, ultra-high net worth individuals (UHNWI) and private wealth management.
10/02/2023
UBS Settles Tuna Bond Case in Mozambique
UBS and Mozambique governments have resolved their dispute over the tuna bonds inherited from Credit Suisse.
09/22/2023
Wealth managers urged to meet women clients priorities in MENA region
With women increasingly influencing family office in the region