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Wealth and Asset Management

10/27/2020

Elon Musk: 5 facts about the outspoken South African tech entrepreneur before the billions

He surpassed Facebook’s Mark Zuckerberg as the third-richest man in tech, and became the fifth-richest man in the world, but Elon Musk’s journey to success was just as unconventional as he is

10/26/2020

These are the richest cities in South Africa

Total wealth refers to the private wealth held by all the individuals living in each country.

10/22/2020

Global household wealth holds steady in 2020 despite economic turmoil

Estimates for Q2 2020 suggest that total household wealth is slightly up on the level at the end of last year, while wealth per adult is slightly down.

10/12/2020

The Big Interview: PIMCO’s Blute reveals reasons for calling time on ETF partnership with Invesco

Ended ETF partnership with Invesco in April

10/11/2020

A significant number of wealthy South Africans have left the country

Conversely, countries that attract HNWIs tend to be very healthy and normally have low crime rates, good schools and good business opportunities.”

10/06/2020

‘A safe pair of hands either side of the ocean’

Covid-19 has increased cross border challenges, impacting international families.

10/02/2020

Bellevue Africa PM's top picks from 'historically low valuations'

Bellevue portfolio manager Malek Bou-Diab, who runs the firm’s African Opportunities fund, shares his top investment picks.

09/29/2020

Global Wealth Survey: SA retains 38th spot as gap grows

South Africa last year had net financial assets per capita of €7112 (R141 218), clearly edging towards the lower end of the wealth divide.

09/17/2020

Holborn Assets expands South Africa operation

It has around 50% more advisers onshore than 12 months ago and plans Durban office

09/10/2020

The most challenging period in Sanlam’s 100 year history: CEO

The Group commenced the 2020 financial year from a solid base, with growth accelerating for most businesses in the second half of 2019.

09/06/2020

Wealth management gets digital intervention

But best option for the future will be to mix it up with human element

09/02/2020

Pandemic has so far cost Old Mutual at least R2.8bn

Management focuses on the positive and promises to work towards recovery and growth.

08/31/2020

Investing in the Caribbean Piques the Interest of Nigeria’s High-net-worth Individuals

The programs allow foreign nationals to obtain fast-tracked citizenship and passports or permanent residency permits in exchange for specified amounts of cash investments.

08/31/2020

Credit Suisse tackles fallout from wealth management fraud

Banker who forged papers on contract fired, deception led to loss of about $15m: Sources

08/25/2020

Old Mutual predicts H1 loss as Covid-19 hits trading

The South Africa-focused insurer said Covid-19 continued to have an unprecedented impact on its business

08/24/2020

Global dividends plunge by $108bn during Covid-19 crisis

Study of world’s largest 1,200 companies reveals biggest quarterly drop since records began

08/23/2020

Sanlam outlines asset management deal with billionaire Motsepe’s firm

‘This transaction takes Sanlam a step further on the journey to becoming South Africa’s leading asset manager,’ CEO Paul Hanratty said.

08/21/2020

Standard Bank’s Africa Wealth Report Provides Landmark Research On The High-Net-Worth Segment In Key African Markets

Respondents hailed from a diverse array of industries including real estate, manufacturing, construction, financial services, technology, oil and gas as well as education, entertainment, retail, trade and banking.

08/19/2020

StanChart declared best Wealth Management Bank in Ghana at Global Business Outlook Awards 2020

"Our highly skilled and professional local advisory team, coupled with our network of investment specialists, leverage our open-architecture model to help clients assess a comprehensive range of Wealth Management solutions.”

08/17/2020

Oba Otudeko: A self-made billionaire entrepreneur

Courtesy of his several businesses, Otudeko is currently ranked among the richest men in Nigeria.

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