Managers of Wealth Africa

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.

Old Mutual chief calls on investors to be more active

Specialist who has led break up of financial services group says others can follow

The 25 biggest wealth managers in the world revealed

The top five groups run over $5.8 trillion in assets with Asian groups making their presence felt in this year's ranking.

Quilter listing a possible boon for investors

Quilter is the rebranded Old Mutual Wealth, which will be unbundled from the insurance group at the end of June

Bob Diamond's Atlas Mara posts profit rise

We have appointed John Staley to the position of Chief Executive Officer, effective 1 May 2018.

IFC invests in Bank of Africa to expand SME lending across eight African countries

IFC’s investment will cover as much as 50 percent of the risk on up to $120 million equivalent in loans to local SME’s in Burkina Faso, Ghana, Madagascar, Mali, Niger, Senegal, Tanzania and Togo.

Five-Star hotels, a sure bet for rich investors

Kenya has only 19 five star-rated hotels, according to the latest classification list, hence there is room for more luxurious spaces to accommodate business travellers and tourists.

Number of high-net-worth individuals in South Africa to balloon over the next decade

New World Wealth is a Johannesburg-based market research and consulting firm that offers a range of analytical services.

I want to be Africa’s biggest philanthropist, Dangote says

“I will continue to use my resources and my voice to help shape a better Nigeria, and Africa as a whole,” the businessman said.

Investec’s UK specialist bank was the only drag on full-year profit

The UK specialist banking arm — the group’s second-biggest profit generator — suffered a 9% fall

Citi PB’s Rankin: Illiquidity tolerance has grown… here’s why

Rankin said that a greater understanding of thematic investing – such as following structural themes or so-called ‘mega trends’ – has also boosted this shift.

Bank Of Africa Eyes A Pie Of Big Four Agenda In New Drive

The Bank has partnered with industry experts that will tackle topics affecting businesses including; people, processes, funding, risk management and models of scaling up.

Nedbank Sees Full-Year Growth In Line With Target After First Quarter

It expects diluted headline earnings per share to be "in line" with its medium to long-term target of at least gross domestic product plus consumer price inflation plus 5%.

Wealth and Asset Management