Managers of Wealth Africa

Worldwide investment funds attract net sales of EUR 828 billion in 2012

Includes main highlights for Q4 2012.

South African wines miss Chinese market

Not enough of the right support is being made available by the authorities

Standard Bank Group wins Global Finance’s Best Forex Provider in Africa award

Standard Bank Group is exceptionally well positioned to continue leading the way in African marketdevelopment.

Old Mutual upbeat about its US prospects after asset sale

OLD Mutual’s US-based asset management business has accelerated plans to improve its operating margin following the announcement that it was selling five noncore affiliates for an undisclosed sum, Adrian Cloete, an equity analyst at Cadiz Asset Mana

Ridge Islamic Capital announces official launch of its activities in Egypt

Ridge Islamic Capital is the Islamic financial arm of the Dubai-based regional investment company Ridge Solutions International Holdings, which is part of Angola-based Ridge Solutions Group.

EFG Hermes shareholders ratify strategic alliance with QInvest

Shareholders of EFG Hermes Holding S.A.E. meeting today in Cairo in an Extraordinary General Meeting overwhelmingly approved the firm's strategic alliance with QInvest LLC of Qatar by a majority of 86.9% of the votes cast.

EFG Hermes Securities Brokerage Achieves Major Milestones

Despite a challenging 2011 for domestic markets, during which the Egyptian Exchange lost nearly half its market capitalisation, as well as further difficult conditions during 2012, the EFG Hermes Securities Brokerage Division has successfully maintained i

Beltone Financial and Altree Capital announce strategic alliance in Africa and Middle East

Beltone Financial, the asset manager in Egypt with over $4bn in AUM, and Altree Capital, the award-winning African asset management house, have announced the formation of Altree Beltone Capital Ltd.c

MENA venture capital activity rises 28 per cent

While the region's VC industry is still in the early phases of development, the rise in activity reflects increased optimism for small business growth amongst entrepreneurs, investors, and governments - despite macro-level challenges that persist in

Societe Generale Securities Services appointed by ITG in Egypt

Societe Generale Securities Services (SGSS) has been appointed by ITG to act as its settlement agent bank in Egypt.

MERCEDES-BENZ tO sponsor Mena Golf Tour

Officials of MENA Golf Tour are very excited about the partnership that offers huge dividends to both the partners.

Gemini looks to Middle East and N Africa

Gemini Asset Management is launching a Middle East and North Africa credit fund in partnership with the National Bank of Abu Dhabi Asset Management Group.

Credit Suisse’s Asset Management Division Releases the Q2 2012 Edition of the Alternatives Quarterly

Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.

Zurich and HSBC join forces in MENA distribution deal

The 10 year exclusive contract with Zurich brings considerably improved commercial terms for HSBC.

Are diamonds the new gold for individual investors?

Investors and couples alike can buy diamonds on the retail market, but now there's a movement to create a way for individual investors to buy diamonds like gold.

EFG Hermes and QInvest Look to Create Strategic Alliance

EFG Hermes Holding S.A.E and QInvest have announced that they have agreed to explore a potential strategic alliance.

A.M. Best Sets Sights on Fast-Growing Middle East/North Africa Markets

Fast-growing markets in the Middle East, Africa and South and Central Asia are attracting insurance players from across Europe to economies with low insurance penetration and in some countries promising demographics.

StanChart wins big at EMEA Finance Awards

Standard Chartered has won 11 awards in the EMEA Finance Achievement Awards 2011, the fifth straight year that the bank has been a recipient of multiple awards from EMEA Finance.

Hedge fund assets may hit $2.1 trillion in 2012: survey

The survey, which covered more than 600 institutional investors representing $1.04 trillion of hedge fund assets, found that investors expect their hedge fund portfolios to return 8.6 percent in 2012, down from 11 percent last year.

Deutsche Bank Publishes Tenth Annual Alternative Investment Survey

Deutsche Bank today announced the results of its tenth annual Alternative Investment Survey, which was conducted in December 2011 by the Bank's Global Prime Finance business.

Alternative Investments