10/16/2023
Top 20 universities that have produced the most ultra-rich people
One-third of the world’s centi-millionaires live in 50 key cities across the globe, with New York City in first place with 775.
Wealth and Asset Management
10/16/2023
Gold: Is it time to shine again?
Why, when it comes to the yellow metal, it’s all about timing.
10/11/2023
The cities in South Africa where billionaires pay up to R100,000 per sqm for apartments
Dr. Juerg Steffen, CEO of Henley & Partners, said that $100 million or more must be acquired to be considered super wealthy today.
10/10/2023
How Barclays’ big play re-energized its Africa private wealth business
Credit Suisse had just unveiled a strategic refresh that involved divesting its hedge fund business and shifting more resources to wealth management.
10/10/2023
FNB CEO and FirstRand execs score massive R200 million payday
The group also noted key leadership changes at the group, with both group CEO Alan Pullinger and FNB CEO Jacques Celliers moving on from their roles.
10/09/2023
Nedbank Private Wealth triumphs at the 2023 Intellidex Top Private Banks and Wealth Managers Awards
The awards are based on various criteria
10/04/2023
KENDRIS – Accredited by DIFC Family Wealth Centre
The DIFC Family Wealth Center is a one-stop shop for global and regional family business structures, ultra-high net worth individuals (UHNWI) and private wealth management.
10/02/2023
UBS Settles Tuna Bond Case in Mozambique
UBS and Mozambique governments have resolved their dispute over the tuna bonds inherited from Credit Suisse.
09/22/2023
Wealth managers urged to meet women clients priorities in MENA region
With women increasingly influencing family office in the region
08/28/2023
Capital flight halves NSE investor wealth
The drop is set to discourage new investors in the capital markets, who are needed to turn around its fortunes.
08/16/2023
Investors are trying something different in South Africa
He added that art collections, rare items and fine wines have also become alternative investments in recent years.
08/09/2023
Wealth management gives banks an edge
Being a commercial bank, building a wealth management book offers three critical advantages over its competitors.
08/04/2023
South Africa is bleeding millionaires
HNWIs are actively focused on the flexibility that a foreign or second citizenship brings.
07/26/2023
Goldman to expand wealth arm in Emea, despite cuts elsewhere
Co-heads of wealth management Emea – Stefan Bollinger and Christopher French – explain the rationale behind hiring advisers despite job cuts in other parts of the business.
06/26/2023
Millionaire South Africans are emigrating with their wealth to these countries
He added that the country attracts millionaires mainly from Asia and Africa but also from high-income countries such as the UK.
06/20/2023
Asset managers are ‘at a turning point’ – report
The asset management industry has reached a turning point, requiring leaders to rethink the way their organisations operate if they want to return to the profit growth of years past.
05/26/2023
South Africa is bleeding millionaires
For HNWIs in South Africa, the total number dropped by 7,479 individuals from 36,228 in 2021 to 28,749 in 2022 – a 20.8% decline.
05/24/2023
Dangerous moves – the case for not hiking rates
For the Reserve Bank and its global counterparts, hiking rates further would be a dangerous move.
04/28/2023
Wealth Report 2023 confirms that ’Africa is not poor but impoverished’
While South Africa tops the list of countries with 37,800 millionaires, Egypt ranks second in the country rankings
04/27/2023
Wealthy Kenyans stash near Sh1 trillion in dollar accounts
Bulk buyers also sought a buffer of dollars following a shortage of the US currency