Managers of Wealth Africa

OMW denies shelving IPO over platform costs

According to financial statements, published in March, Old Mutual has so far spent £450m on the technology upgrade.

Old Mutual Wealth reaffirms float plans as report claims sale option on the table

Announced managed separation in March

Old Mutual may shelve plans to list wealth management unit

Old Mutual boss Bruce Hemphill’s plans then current plans were to pursue a wider break-up, including demerging its wealth, asset management and emerging-markets units as well as South African-based lender Nedbank Group.

Investec sees decline in profit

Write-offs and non-performing loans rose at all of South Africa’s four biggest banks in the six months

Polin wants to boost Sanlam adviser numbers

Having restructured the company into one brand he said Sanlam would be launching a new proposition next month.

Popularity of second passports among South Africa’s wealthy

This expansion of wealth is occurring in parts of Africa, including South Africa.

Old Mutual, Futuregrowth CEOs to Meet Minister as Funding Halted

Government infighting and threats to the independence of the Finance Ministry are other reasons why Futuregrowth wanted to stop providing further funds to companies

South African firm taps Swiss market as part of global push

The biggest sector of the fund was financials with such names like Commercial Bank of China and China Construction Bank, followed by healthcare.

South African IFAs want more industry support

The use of social media to build the IFAs’ businesses and the selection of funds.

Why this Sanlam portfolio manager is investing in classic cars

Considering their shocking depreciation; most definitely not!

Findings of PwC wealth-management report 2016

Let’s start with how the report is compiled.

Digital adoption lags in wealth management industry

This is largely driven by the misconception that wealth management is, and needs to remain a human-led business, and technology is only an adjunct to this.

Old Mutual on course on splitting units

We are clear about the task at hand and we are absolutely confident that this is the right strategy to unlock value.

Old Mutual to cut jobs in London as part of restructure

The head office in London is being restructured to support a holding company focusing mainly on two functions.

South Africa: How SA Can Use Wealth Tax to Cut Poverty, Unemployment

Only quality education can address inequality in our society in a sustainable way

The 'biggest mistake rich investors make' is not diversifying

Biggest investment mistake

Gulf Bank to finance women running SMEs

Gulf has also entered into a partnership with World Bank’s IFC to support the Bank’s Women Banking programme.

Fidelity Bank Half-Year Earnings Presentation: The key takeaways

As a result of these mounting challenges, Fidelity Bank Plc posted mixed performance outlook.

The critical role of a consultant in umbrella funds

But the new player does raise some valid questions as regards the most appropriate governance model for commercial umbrella funds.

StanChart swings back to profit

Its performance provided evidence that a sweeping restructuring under Chief Executive Bill Winters has begun to bear fruit.

Wealth and Asset Management