Managers of Wealth Africa

Sasfin clocks R10bn in offshore assets in 7 years

Diversification strategy pays off amid lacklustre SA returns.

Absa set to woo Africa’s super-rich

Bank to roll out in-country wealth and investment solutions.

Absa Wealth appoints Societe Generale for Wealth International client value proposition

This deal also demonstrates the ongoing investment and our long-term commitment to the Securities Services business in the UK” comments Bertrand Blanchard, Country Head for SGSS UK.

Wealthy Kenyans invest more in foreign funds

International mutual funds or overseas funds are portfolio of equities, bonds, and money market securities traded in foreign market.

Standard Bank Wealth International delivers strong half-year results

Client deposits increased by 4.7 per cent to £5.2bn and assets under management rose by 19.4 per cent to £2.9bn.

New Report Reveals World’s Ultra Wealthy Population Growing at Nearly Four Times the Rate of Previous Year

This is a sharp acceleration from 2016, which saw only 3.5% growth of this population, reflecting more favorable conditions for wealth creation, despite volatile geopolitics.

The Absa enigma

The PIC, Coronation, Allan Gray and Prudential want an independent probe into alleged wrongdoing at Resilient — but why is Absa Asset Management rowing its own boat?

Old Mutual delivers strong debut results after split

Old Mutual shareholders will receive a total R1.45 interim dividend, consisting of a "first dividend" of 45c plus a R1 special dividend. The life insurer is pitching itself as a new company following its separation from Quilter and the change o

SA super-rich looking for a 2nd citizenship in Europe

This is according to Amanda Smit of Henley & Partners, a global citizenship and residence advisory firm. She responded to some questions from Fin24 on the matter.

Credit Suisse Is Splitting Its Main Wealth Unit Into 7 Regions

An announcement about the split, dubbed “Project Momentum,” could come as early as this week, the people said.

Union Bank Unveils ‘Elite Experience’ to Connect with Customers

The customers were also treated to makeup master classes taken by popular cosmetics brand, Zaron Cosmetics, as well as mixology classes; training on the art and science of mixing luxurious cocktails.

Barclays initiative targets 9,000 SMEs

This is in recognition of the important role the sector plays in the development of the economy,” said Head of SME Susan Situma, adding that small enterprises are well positioned to intervene in the developmental challenges that the country faces.

Why South Africa wealth management sector is growing

South Africa’s wealth management market is well positioned for success because it is a potential hub to other African wealth management markets

Standard Chartered profits jump despite rising digitising costs

Our improved performance was delivered against a backdrop of continued global economic growth, with strong trade flows and investments and US interest rates continuing to normalise.

Wealthy Kenyans stash their money in Swiss banks

These funds include deposits from Kenyans and ﬁduciary liabilities or money held in Swiss banks in trust on behalf of Kenyans.

Carrick targets ultra-wealthy with family office launch

South Africa advisory firm Carrick Wealth has set up a family office to cater to the “unique needs” of ultra-high net worth individuals.

Seven Kenyan Entrepreneurs Join Kenyan Division Of Global Elite Business Club

The company has now added these entrepreneurs to its networks, in a bid to enable them to access the requisite capital and connections required to further the growth of their various enterprises.

Sasfin Wealth highlights key economic challenges with Paul Donovan

Paul Donovan, UBS Wealth Management Global Chief Economist

Quilter broadens its horizons

Listing of full service wealth manager should appeal to local and British investors.

StanChart moots video service for affluent clients

Products available via the service include bancassurance, investment lending, and foreign exchange transactions.

Wealth and Asset Management