06/25/2015
StanChart CEO Bill Winters to shift power to regional hubs
Standard Chartered’s new chief executive is planning a structural overhaul
Wealth and Asset Management
06/25/2015
Elumelu Restates Commitment to Developing African Entrepreneurs
The Chairman of Heirs Holdings, Mr. Tony Elumelu has reiterated his resolve to empower African entrepreneurs that would drive the transformation of the continent
06/25/2015
Fourie is SA’s top planner of 2015
Wouter Fourie, the chief executive of Ascor Independent Wealth Managers in Pretoria, was named the 2015 Financial Planner of the Year
06/23/2015
What are the rich doing right?
The number of new millionaires in Africa is steadily growing, with more than 160 000 individuals holding around US$660-billion in personal wealth at the end of 2014, according to the New World Wealth Africa Wealth Report for 2015.
06/23/2015
Why Augmentation NOT Automation will Triumph as Robo-Advisors Evelove
In 1997, an IBM computer named Deep Blue took on chess grandmaster Garry Kasparov and won. It was hailed as a major victory in the machine vs. man battle for supremacy.
06/22/2015
South Africa's rough sleepers with Rolexes
Some 250 of South Africa's best-paid business leaders slept on the streets of Johannesburg for a night to raise money for children's homes - though they chose an upscale area of the city where the homeless aren't allowed to sleep
06/18/2015
Weaker Rand Won’t Stop South Africa’s Rich List From Growing
A weaker South African Rand will not hamper the growth of the country’s rich list
06/17/2015
Persistent Industry Challenges and Needs of Younger HNWIs Are Changing the Role of Wealth Managers
Wealth managers and firms need to evolve to meet the complex needs of their clients or risk losing business
06/16/2015
Stanbic IBTC named best asset mgt coy in Nigeria
It recognises achievement, innovation, growth and evolutional changes in finance globally.
06/15/2015
Stanbic IBTC Named Best Asset Management Company in Nigeria
Stanbic IBTC Asset Management Limited’s dedication to excellence throughout its investment advisory and management services is what made it stand out
06/15/2015
Old Mutual Aims To Sell 11 Million Shares In US Boutique Asset Manager
Old Mutual PLC Monday said it is set to sell 11 million shares in OM Asset Management PLC, the boutique asset manager it spun off in a float on the New York Stock Exchange in the autumn of 2014.
06/12/2015
South Africa: Is now the time to move funds offshore?
How do you get offshore exposure?
06/12/2015
Former African Bank CEO's pay rise 'unacceptable'
Africa’s biggest fund manager said it’s not acceptable that compensation for Leon Kirkinis, former chief executive officer of failed African Bank Investments Ltd., rose year-on-year before he resigned.
06/11/2015
Jersey to showcase private wealth, funds and capital markets strengths
Jersey’s private wealth management, funds and capital markets strengths will be showcased at a conference in Lagos this week, as part of a continent-wide road-show series organised by the body that represents and promotes Jersey’s finance indu
06/11/2015
BMO Global Asset Management Launches in EMEA
We will continue to provide relevant, best-of-breed products to investors across the region.
06/09/2015
Old Mutual Seen Selling Most of U.S. Unit in Next Three Years
Old Mutual Plc, which plans to raise as much as $200 million selling more shares in its U.S. asset management unit
06/05/2015
Who’s behind South Africa’s wine revolution? Mandela, of course
The most famous name in South Africa is about to become one of the most famous names in South African wine. It seems ordained.
06/04/2015
UBS says fast-growing ranks of African billionaires (there are 200 ‘hidden’ ones too) need bankers
Africa’s richest man is Nigeria’s Aliko Dangote, who ranks 56th on a global rich list with a fortune of $15.7 billion, according to the Bloomberg Billionaires Index.
06/03/2015
Standard Bank’s Tutuwa BBBEE Scheme Reaches Historic Milestone
Standard Bank’s BEE Scheme, Tutuwa, has created more than R10.7 billion in wealth for participating individuals
06/01/2015
Sanlam Private Wealth’s new ad campaign reinforces its approach to building personal relationships
The advertising campaign will be followed by a programme of activity that provides Sanlam Private Wealth clients with exclusive, one-of-one opportunities and bespoke experiences.