Managers of Wealth Africa

Expensive Label Hits South Africa Stocks as Nedbank Sits on Cash

Expensive. That’s the tag plaguing South African stocks and driving investors such as Nedbank Private Wealth and Momentum Asset Management

Afro-optimist Euvin Naidoo on banking Africa as Govts embrace technology

The Wealth and Investment Management Team really wanted to have a kick-off event and this is an inaugural event for that team

StanChart CEO Bill Winters to shift power to regional hubs

Standard Chartered’s new chief executive is planning a structural overhaul

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

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

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.

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.

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

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

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

Stanbic IBTC named best asset mgt coy in Nigeria

It recognises achievement, innovation, growth and evolutional changes in finance globally.

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

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.

South Africa: Is now the time to move funds offshore?

How do you get offshore exposure?

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.

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

BMO Global Asset Management Launches in EMEA

We will continue to provide relevant, best-of-breed products to investors across the region.

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

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.

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.

Wealth and Asset Management