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Wealth managers must brace for more regulation post Paradise Papers: GlobalData

By: Gary Robinson | 13 Nov 2017

Offshore wealth managers, particularly those in the Asia-Pacific region, must brace themselves for more regulation in the aftermath of The Paradise Papers according to data and analytics company…

Old Mutual break-up update: planning to keep 19.9% of Nedbank post-split

By: Helen Burggraf | 01 Nov 2017

Old Mutual, the Anglo/South African financial services group that has spent much of the past 18 months drip-feeding details to the international market about its  “managed separation”…

LifeSearch chief exec hits home run with Cape Town office

By: Eugene Costello | 25 Oct 2017

UK independent protection specialist LifeSearch is to open a new operation in South Africa with a view to developing further overseas operations, the firm has announced. The…

HSBC and Standard Chartered dragged into South Africa corruption case

By: Eugene Costello | 19 Oct 2017

The rumbling scandal about alleged corruption and bribery in South Africa involving the country’s president Jacob Zuma and the powerful Gupta family has embroiled British banks Standard…

JLL: Robust future seen for MENA, Dubai healthcare markets

By: Helen Burggraf | 18 Oct 2017

The rapidly-ageing Middle East and North African population will drive demand for hospitals and healthcare in the region, according to a report by JLL, the New York Stock…

Sanlam acquiring consultants, actuaries arm of Barclays Africa Group’s Absa Financial Services

By: Eugene Costello | 17 Oct 2017

Sanlam Life Insurance, a part of  the South African Sanlam financial services group, is acquiring  the Absa Consultants and Actuaries arm of Barclays Africa Group’s Absa Financial Services…

Under new ownership, red24 continues to help expats and biz travellers in world’s ‘danger zones’

By: Charlotte Beugge | 11 Oct 2017

One of the realities of being an expatriate in 2017 is that the world is an increasingly dangerous place. Even once seemingly sleepy jurisdictions are increasingly fraught…

KPMG South Africa CEO sorry for Gupta ‘mistakes’

By: Eugene Costello | 05 Oct 2017

KPMG South Africa’s new chief executive has today spoken of how she is “greatly disappointed” by serious “mistakes” made by the firm in its dealings with the…

VAM Global names new Mauritius MD

By: Gary Robinson | 26 Sep 2017

VAM Global, the Luxembourg-based holding company of the VAM Group – which includes the Mauritian Administration and Trust Company (MATCO) and operates VAM Funds – has named…

South Africa’s expat tax diluted after pressure pays off

By: Gary Robinson | 15 Sep 2017

South Africa’s National Treasury has reacted to pressure from expats all over the world, over its plans to scrap a tax exemption on overseas earnings and announced that…

PEOPLE MOVES: Old Mutual Wealth, Generali Investments

By: International Investment Staff | 13 Sep 2017

Old Mutual Wealth, the UK-based wealth management arm of South Africa’s Old Mutual plc, has named John Porteous to  the newly-created role of retail customer solutions director.…

Old Mutual Wealth launches new multi-asset biz as 2018 ‘managed separation’ nears

By: Gary Robinson | 04 Sep 2017

Old Mutual Wealth is creating a new multi-asset business, that will sit as a separate investment entity from its current investment arm Old Mutual Global Investors (OMGI).…

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