Managers of Wealth Africa

The rise of family offices

Companies that handle the money of relatives with large assets also offer a variety of other unusual services

Johannesburg is leading wealth management in Africa

Wealth managers in Africa typically target individuals with more than $500 000 in investable assets.

These countries are set to see their millionaire populations skyrocket in the next 5 years

The 10 countries with the largest HNW populations grew in total by over 387,000 HNW individuals (up 2.4%) compared with 2017

World’s largest wealth manager believes land expropriation will be handled ‘sufficiently well’

Despite lingering doubts over the land reform plan, President Cyril Ramaphosa and his team are seen as a safe pair of hands

The Philanthropy Of Africa's Billionaires

South African mining titan Patrice Motsepe was the first to take the pledge in January 2013; Sudanese-born telecoms mogul Mohammed Ibrahim joined in a month later.

Three South African billionaires make “richest in the world” list

The Bloomberg Index has named a trio of South African billionaires on their list of the richest 500 people in the world.

Africa to breed more of world millionaires

“This is more than the new entrants to the millionaire class in high-income countries outside North America and Europe,” notes the report, adding that this change is even more pronounced in the UHNW segment.

Morocco meeting seeks stability, position Africa in wealth creation

The conference held under the theme, “Overcoming the Choke Points,” ended in Marrakesh, Morocco, on December 15 where it has been hosted for the past seven years.

Nedbank appoints new marketing and communications agencies

Award-winning brand and communication group Joe Public has retained the bank’s through-the-line account.

5 interesting Kenyan CEO’s who are cut from a different cloth that you need to know about

Commercial Bank of Africa is the largest privately-owned bank in East Africa

SANNE Named Best Employer Brand In Mauritius

SANNE’s business in Mauritius assists in the delivery of a complete range of services coordinated through its director-led relationship teams.

Impact investment can make a difference in Africa

While it’s true that the LPs of impact funds are often still driven by financial returns, they are often willing to accept a discounted return in exchange for the knowledge that their capital is making a meaningful social or environmental impact.

Pictet Raids Julius Baer

Pictet is lifting eight senior private bankers out of rival Julius Baer, finews.com has learned. The move represents an unparalleled raid by the Genevan wealth manager.

We're building a new type of philanthropy, says CEO of Edmond de Rothschild Foundations

The initiative has three objectives, all with the intent to get these families to participate and engage with locals.

The Money Men Of Nigeria’s Banking Industry

The rise of Pascal Dozie can outrival any rags-to-riches Dickensian tale

Investec banks on client base

New CEO Fani Titi says he is not interested in changing the culture at SA’s leading private banker

Absa planting seeds in London

By the end of 2017, Barclays had reduced its shareholding in Absa to 14.9% from 62.3%.

Citadel says pressure on asset management fees will increase

Most of Citadel's funds are actively managed, particularly the multi-asset solutions that offer currency hedges.

Carrick Wealth launches ‘pioneering’ programme for advisers

Cape Town-based Carrick Wealth yesterday announced the launch of its Departure Enrichment Agreement (DEA), a programme that it believes will benefit the wider financial services sector.

Investec braces for backlash over leadership shake-up

Hendrik du Toit’s move to executive chairman of AM unit raises governance red flags

Wealth and Asset Management