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Maitland launches multi-family office in South Africa

By: Pedro Goncalves | 18 Oct 2018

Maitland is expanding its operations with the opening of Maitland Family Office in a bid to attract HNW families, individuals and entrepreneurs in South Africa. The new…

South Africa loses QROPS status

By: Pedro Goncalves | 16 Oct 2018

South Africa has been struck off the list of financial jurisdictions offering QROPS expat offshore pensions. The latest HM Revenue & Customs QROPS List published this week…

Special report: Is Zimbabwe finally on the road to recovery?

By: Yigal Chazan, Head Of Content At Alaco | 10 Oct 2018

Zimbabwe’s new administration prepares to tackle considerable economic problems as most investors and lenders watch and wait to see whether it is up to the challenge. In…

Old Mutual shareholders to get $3.5bn from Nedbank spin-off

By: Pedro Goncalves | 27 Sep 2018

South Africa’s Old Mutual said its shareholders would get about $3.52bn (50bn rand) from the spin-off of a majority stake in Nedbank and dividends. Old Mutual is…

Absa launches ultra-HNWIs strategy across Africa

By: Christopher Copper-Ind | 17 Sep 2018

Absa is moving beyond its South Africa core market and launching tailor-made products aimed at ultra-HNWIs as part of a new Africa-focused strategy. The move is part…

Investec to spin off £109bn funds arm

By: Pedro Goncalves | 17 Sep 2018

South African financial services group Investec is set to demerge and separately list its £109bn asset management business following a strategic review. The review found “limited synergies”…

Now Health Int’l launches new digital product for next generation of expat

By: Christopher Copper-Ind | 17 Sep 2018

Now Health International Group, a leading international private medical insurance (IPMI) provider, has today announced the launch of a new mid-tier, completely digital product that is designed…

Investec partners with Beijing to invest in Africa

By: Pedro Goncalves | 10 Sep 2018

Investec Asset Management has signed a memorandum of understanding with China-Africa Development Fund (CADFund) to invest in projects across the African continent. The CADFund is Beijing’s main…

VFS and TAM sign $200m deal for discretionary fund management service

By: Christopher Copper-Ind | 10 Sep 2018

VFS International has formed a strategic partnership with TAM Asset Management International, an award-winning specialist in discretionary fund management (DFM), that claims to set a new benchmark…

Credit Suisse chief denies he will run in Ivory Coast election

By: Pedro Goncalves | 07 Sep 2018

Tidjane Thiam has announced that he will not leave Credit Suisse to run for president in his native Ivory Coast after after speculation that he could be…

Old Mutual banks £148m profit from Quilter IPO

By: Pedro Goncalves | 31 Aug 2018

South African company Old Mutual has seen its profits go up by 42% as a result of the sale of its stake in its British wealth division.…

South African expats get access to international living annuity

By: Pedro Goncalves | 28 Aug 2018

South Africans living abroad and invested in South African retirement annuities (RAs) will be able to transfer their investment to a living annuity with full offshore exposure…

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