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Wealth and Asset Management

10/19/2023

Private banking trends in South Africa – everything you need to know

As the clear leader in the private banking sector, Nedbank Private Wealth is constantly looking to the future to see which trends will have the biggest impact on the industry and the country.

10/18/2023

Massive pay gaps: CEOs earning up to 950 times more than the average worker in South Africa

According to the researchers, South Africa has historically high income and wealth inequality.

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.

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.

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