Managers of Wealth Africa

Stanbic IBTC Bank wins big at the 2024 Euromoney Global Private Banking Awards

These awards recognise institutions that demonstrate exceptional performance in providing clients with superior advice, service and solutions.

StanChart ties up with Old Mutual for wealth platform

The partnership is looking to expand in the Middle East, Africa and Southeast Asia.

How long you would need to work to become one of the richest people in South Africa

The richest man in the world, LVMH’s Bernard Arnault – $223 billion (R4.1 trillion) – is also in the luxury goods business.

RMB Private Bank wins big at the Euromoney AwardsOnce again named as the best private bank for ultra-high-net-worth Individuals in SA.

The awards recognise the achievements of the world’s top private banking and wealth management institutions in client service, product innovation, and commitment to the industry.

FNB awarded Africa’s best international private bank

This is the second consecutive year FNB is receiving the award from Euromoney.

R37 million payout for South Africa’s richest man

Despite the massive drop in total earnings, the group maintained its interim dividend at 80 cents per share.

Digital innovation in wealth management

Since the financial crisis hit the markets in 2008, the sector has experienced massive changes, and the pandemic has only accelerated the pace of these changes.

Alarm bells for middle-class and rich South Africans

Product-specific metrics also changed for the worse year-on-year, with home loans and credit cards showing the largest deterioration at 60% and 14%, respectively.

Insights on Jersey’s Position in Islamic Wealth Management

Faizal’s contribution to the prestigious report further solidifies Jersey’s position as a forward-thinking, award-winning international finance centre

South African billionaire digging for diamonds – while watching Shoprite’s star shine

“South African mining is made up of pioneers, but this type of mining is not easy and gives patchy profits at best,” said David Shapiro

Ocorian joins global elite as WealthBriefing MENA awards winner

Each of the award categories is highly contested and is subject to a rigorous process before the ultimate winner is selected by the judges.

‘R29 billion’ Please Call Me idea could make Makate one of the richest people in South Africa

According to Makate, he had an idea for a free missed-call service that he shared with his superior at Vodacom in 2001.

'Connected Wealth' is a winning approach for SA's Top Private Bank

Nedbank Private Wealth took home an incredible 11 accolades at the 2023 Intellidex Top Private Banks & Wealth Managers Awards

The plan for R4.5 billion in unclaimed dividends in South Africa

The plan essentially is to reunite individuals with unclaimed or ‘lost’ entitlements stemming from limited or outdated information about the owners or holders of shares.

South Africa kisses over 9,000 millionaires goodbye

The new report reveals that in the last decade, private wealth grew by 92% in China, which is now home to 862,400 millionaires, including 2,352 centi-millionaires and 305 billionaires.

Key trends that are shaping Wealth Management

Individuals have become increasingly concerned about their finances, and as a result, they are rethinking their approach to wealth management.

Northern Trust AM Aims to Double International Revenues

Northern Trust Asset Management had $31.7bn in assets under management in quantitative strategies as of 30 September 2023, out of a total $1.09 trillion.

Old Mutual to divest 100% of its stake in UAP Tanzania to Strategic Ventures

Strategic Ventures is a current minority shareholder in the Tanzania unit with the deal pending regulatory approval.

Otedola is Africa’s 20th richest billionaire as Dangote retains No 1

South African luxury goods magnate Johann Rupert held onto the No. 2 spot

Standard Chartered Presents 2024 Market Outlook to Hundreds of High-Net-Worth Clients

Over the next few weeks, the Bank will reach out to 5,000 clients with over 20 planned events in markets

Wealth and Asset Management