Managers of Wealth Africa

Wealth depends on an indefinable

There is nothing better than fuzzy language to wreak havoc or to facilitate consensus.

Shortlist announced for the African Banker Awards 2014

Attijariwafa Bank, Standard Bank, GTBank, and Nedbank are among the shortlisted finalists for the African Banker magazine's 2014 African Banker Awards.

Nigeria: SEC keeps investors in dark over Fund Managers schedule

Fund Managers monthly investment schedule gives unit holders first hand information on activities

Standard’s Africa unit must ‘pay its way’

Africa’s largest lender by assets and market value has about 3.8-million customers

Stanbic IBTC’s 1Q14 profits surge 89.24 percent

The bank has174 branches and 10 billion shares outstanding with shareholders fund of N104.3 billion as at March 31, 2014.

Sasfin Bank on the prowl for wealthy individuals to boost profile

It will offer clients a transactional account that they can manage via online banking, debit card and mobile banking. The transactional offering is likely to serve as defensive mechanism for Sasfin.

Bank Windhoek Acquires Capricorn Asset Management

CAM is one of Namibia's leading asset management companies in the capital

Africa's middle class leading economic boom

But there are still some challenges when it comes to managing individual wealth

Wealth Structuring 20:20 by Appleby Global

A feature publication that aims to tap into the issues facing high net worth individuals and their advisers

Wealth managers vie for rich customers

Managing the wealth of rich individuals is becoming an increasingly competitive business as more players enter the market, but it is a complex industry in which the "chancers" will not survive.

Threadneedle Finds African Partner In stanlib

UK-based Threadneedle Investments has formed a deal with South African asset manager Stanlib to refer clients to each others' funds.

Nedbank boss’ pay rises 13 percent

Nedbank, the South African lender controlled by Old Mutual, increased chief executive Mike Brown’s pay 13 percent to 32.5 million rand after profit rose more than estimated.

Carlyle eyes investments in Saudi Arabia, UAE, Turkey and North Africa

Carlyle, with $189 billion of assets under management across the world, opened Middle East offices in 2007

Ex-UBS equities head to set up African venture

Yassine Bouhara, a former UBS executive who co-led the bank's equities team at the time of its 2011 rogue trading scandal, is to set up a brokerage and advisory business focusing on Africa.

Investec Expects Marginally Higher Full-Year Operating Profit

Investec PLC Thursday said it expects its full-year operating profit to be marginally ahead of the previous year, as the specialist bank and asset manager coped with a significant depreciation of the rand against sterling over 2013.

Bring ‘em on, say tough-talking banking bosses

THERE was increased posturing and beating of chests when the country’s top four banks recently presented their financial results.

Leading Swiss Private bank lures Africa entrepreneurs with investment bankers

“We have a dedicated group of investment bankers embedded within private banking,” said Zurich-based Wright. “

Cape Town ‘offers the best value for $1m’

Cape Town buyers still get much more bang for their buck, where $1m will buy you a 215m² apartment in a top-end suburb.

Brooks Macdonald Int’l looks to South Africa with new hire

Brooks Macdonald International has appointed a new senior business development manager for their Jersey office.

Cash-flush Standard Bank on the prowl

Is Africa's largest bank, Standard Bank, gearing up for another mammoth deal?

Wealth and Asset Management