Managers of Wealth Africa

Old Mutual Wealth boss takes new game in his stride

The handful of conglomerates that remain on the stock market are historical anomalies.

Worldpay backers mull bid for group’s wealth business

The Sunday Times reported yesterday that some of America’s biggest buyout funds were preparing bids for Old Mutual’s £4.5 billion wealth management arm.

Clues to Old Mutual’s ‘managed separation’ process

This follows Old Mutual’s announcement earlier this month that it would implement a "managed separation" of its four underlying business units by the end of 2018, with further updates promised later this year on exactly how it will do this

Forbes Africa to Launch Global TV Platform

This year marks yet another milestone in the life of the publication which is the number 1 monthly read magazine amongst Africa's Affluent according to the Ipsos EMS Survey.

Why is SA hub of private banking in Africa?

The country is the continent’s second-largest economy after Nigeria, but has witnessed currency weakness in the past few months.

Stanbic Bank Introduces Inspire Ghana Series

The headline speaker for the maiden edition is Vusi Thembekwayo, the youngest director of a listed company in South Africa.

IFC And Others Poised To Boost SME Finance Across Africa

Under the agreement, EIB, which is already a key partner in IFC’s Global SME Finance Facility, will join IFC’s existing risk-sharing facility with ETI.

An Interview with Osama Hijji

Osama Hijji shares his views on internet banking

South Africa: SA Is Africa's Hub of Private Banking - Report

The most promising emerging African markets for private banking are Ghana and Kenya

Maps Maponyane joins Investec as brand ambassador

This brand ambassadorship came into fruition after Maps starred in an Investec video specifically targeting young professionals.

Sasfin hires ex-Abil exec to help with transactional banking

Plans to target SMMEs and offer reverse factoring.

Bank of China targets Africa with Mauritius banking licence

Bank of Mauritius Governor Ramesh Basant Roi told reporters on Friday the bank was expected to start operations in the next few months but did not give a date.

NEWS ANALYSIS: No sacred cows as Old Mutual splits structure

This reflects how financial services have changed since 1999, when Old Mutual demutualised, moving its head office to London and locating its primary listing there.

Old Mutual to cut share in Nedbank to minority

Johnson said the exact mechanism to achieve any reduction in Old Mutual’s shareholding in Nedbank Group was yet to be finally determined.

Old Mutual not selling Nedbank stake to strategic investor

Old Mutual does not intend to sell its share in Nedbank to a new strategic investor.

Mauritius global business sector: a new beginning

Graham Sheward, in an opinion article published in Business Year Book says “Mauritius remains a jurisdiction of choice to assist multinationals in establishing their pan-African operational, administrative and financial headquarters

Swiss Private Bank may be interested in assets in Barclays' Africa sale

Owned by Abu Dhabi sovereign wealth fund International Petroleum Investment Company and has around $18 billion in assets under management.

Capgemini Brings the Power of Salesforce Financial Services Cloud to Wealth Management Clients Worldwide

New cloud-based Financial Services offering provides fully integrated capabilities for improving wealth manager productivity and firm-wide agility

Africa’s ultra rich more likely to own a private jet

The decade of research for the report found that the world of the wealthy is changing.

Nairobi Darling of Top Investors - Report

Nairobi scored 2.9 per cent growth in appeal ahead of Lagos which lost 20 per cent in attractiveness to high net-worth individuals.

Wealth and Asset Management