Managers of Wealth Africa

New-look Barclays Africa sets bar high

ABSA Group, rebranded Barclays Africa on Friday, wants to be the “go to” bank. But investors appear to be rushing elsewhere.

Investec completes sale of asset management stake

The deal is aimed at aligning the interests of the employees to the long-term performance and value creation of Investec Asset Management.

Barclays Joins UBS in Pursuit of Millionaire Clients in Africa

Barclays Plc is joining Citigroup Inc. and UBS AG in targeting millionaire clients in Africa as the continent’s fastest-growing economies swell a rich list topped by billionaires

Flemings seeds new Investec fund

Fleming Family & Partners, the multi-family office, has seeded a new Africa-focused fixed-income fund with Investec Asset Management

Bloomberg cancels its new wealth management product

Bloomberg LP is canceling its new wealth management service, BloombergBlack, before it hits the market

Fraud and cybercrime biggest non-investment risks to family offices

Sustainability, data loss, fraud and theft are among the top non-investment risks faced by private families and the offices that serve them

South African-headquartered wealth manager Sponsors Prestigious International Opera Awards

South African-headquartered wealth manager has taken up exclusive sponsorship of the newly launched International Opera Awards

Women forcing wealth management professionals to change their thinking

Wealth management industry facing changing demographics

SA Executives Still Raking It In

Total Remuneration Levels for Executive Directors on the JSE Continue to Increase and vary Considerably from industry to industry and across Large, Medium and Small-cap Companies

Rosemont Partners buys into frontier investment boutique Silk Invest

The primary investment focus is on in Africa, the Middle East and Frontier Asia with an emphasis on having local presence in the target regions

UBS named world's largest private bank

The Scorpio Partnership Global Private Banking Benchmark 2013 indicates strong rebound among 209 global wealth management players; UBS takes ranking top spot as a “champions league” of firms emerge

Transformational change sweeps wealth managers as they reconfigure to win back client trust

Will women and millennials transform the wealth management industry?

Investec boss quadruples pay after profits increase at bank

The head of South Africa and UK-based Investec has more than quadrupled his pay after leading the bank to a 28pc increase in profits.

Standard Bank of Malawi opens Mlambe suite for private and executive bankers

The Goverment is grateful to Standard Bank for being an active player to the development of this country.

Old Mutual launches another private equity fund as appetite improves

Old Mutual Investment Group has launched a fourth private equity fund, in response to an improving appetite for this asset class.

HSBC cuts Mediterranean private bank team after drug-ring investigation

HSBC's private bank in Switzerland is "dramatically" cutting its north Africa and Israel teams after a former employee was convicted of laundering money for Moroccan drug dealers, it said.

Dangote Hailed As Catalyst Behind $31 Billion Market Cap Growth

Africa’s richest man and president of the Nigerian Stock Exchange has been hailed as the force behind the record gains at the stock market over the past one year.

Nedbank Private Wealth builds on award success

Nedbank Private Wealth has retained the Best International Private Wealth Management Provider title for the fifth year

Jersey based Ashburton to become part of South African parent's new investment business

Ashburton Investments will differentiate itself by offering sources of return in its core markets that are not readily available to individual and institutional investors.

The number of millionaires in the world jumped 9.2% last year

One million individuals joined the global HNWI population, which reached 12 million, reflecting an increase of 9.2 percent.

Wealth and Asset Management