Managers of Wealth Africa

Sasfin Wealth delivers a ‘particularly good’ six months

CEO Michael Sassoon reports that the group’s H1 balance sheet was ‘pretty good’, but a credit and tax issues impaired the result.

UK based wealth manager expands Wealth Platform to include Offshore Custody

The offshore custody solution allows clients access to global multi-asset class investments and multi-currency trading

Sanlam Scours Africa for More Deals After Biggest Purchase Yet

Flush with excess cash, Sanlam has been on an acquisition spree across emerging markets

Standard Bank agrees to re-open Gupta business accounts

While a spokesperson could not confirm whether Standard Bank had taken over the accounts due to client confidentiality reasons, one of the business rescue practitioners confirmed that Standard Bank held a board meeting where the issue was discussed on Fri

Africa's Richest Man Builds $3.5 Million Business School In Nigeria

The Dangote Business School has been accredited by the National Universities Commission (NUC), and will be first business school in Nigeria to offer the Doctor of Business Administration (PhD) programme in the country.

Holborn Assets opens new office in South Africa

They will also use their expertise to assist companies in efficiently managing their international operations and advise on corporate structures.

Carrick Wealth Management continues its African expansion programme

All of them have shown an increase in GDP over the last five to seven years. And combined with the political stability in Malawi over the last 20 years, we believe this growth bodes well for our new office,” said Featherby.

Nedbank profit climbs, lifts dividend

“Our managed operations produced headline earnings growth of 7.8% to R12.762 billion, with slower-than-expected revenue growth more than offset by reduced impairments and good cost management,”

Wealth managers must go digital

As wealth is passed between generations, advisers must adapt to their new target group and adopt the right technology

Ecobank offers wealth planning services to customers

She commented that Nigerians were good at making money and creating wealth, but had yet to pay attention to sustaining the wealth, and passing it on to the next generation.

STANLIB to close 15 of its funds

As it consolidates its offering.

Ecobank to boost wealth creation

Oyedeji who is also Country Manager, SWAM, said Nigeria has over 12,000 High Networth Individuals as defined by global standards, this is second to South Africa.

The best private banks and wealth managers in South Africa

Private banking is defined as financial services targeted at individuals who have over $1 million in investable assets, Euromoney said.

Nigerians and UK’s Unexplained Wealth Orders

Various reports cited London as a money laundering haven, but the UK Government was conspicuously silent on the issue, turning a blind eye as millions of dollars poured in.

Koseff has confidence in chief executive team and tells critics to go bleat

It’s different to maybe one of the South African banks whose main operations are here and then have peripheral operations in the world.

Ecobank partners Nedbank on customer wealth management

The Head, Securities, Wealth and Assets Management, Ecobank Nigeria, Ibukun Oyedeji, also said the bank is very committed to helping its customers to maximise their wealth.

Offshore specialist in Middle East and Africa expansion

Manages assets worth more than USD 150 billion.

ABAX supports Ecobank for Mauritius-domiciled fund investing in pan-Africa sovereign funds

Set up in Mauritius, the MABI Fund will realise long-term capital appreciation with medium level risk exposure by investing mainly in Middle Africa bonds markets.

Second homes: Kenya a favourite location for the world’s richest

An oversupply of prime properties for rent is behind the weaker prime rental growth, which has given tenants more leverage to negotiate with landlords.

Barclays increases Kenya Open sponsorship

The money will be spread within five years, meaning the government will top up Sh20 million every year for the next five years starting with the 2018 event.

Wealth and Asset Management