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Ashburton unveils partnership with Fidelity Int’l on multi asset

By: Helen Burggraf | 23 Apr 2018

Ashburton Investments, the asset management arm of the FirstRand Group, has entered a strategic partnership with Fidelity International, the $324bn global asset manager, the companies announced today.…

Momentum Wealth Int’l deal with Low and Watson’s Provisca to end

By: Helen Burggraf | 27 Mar 2018

Momentum Wealth International, the Guernsey-based investment platform of Johannesburg Stock Exchange-listed, South African insurance and financial services company MMI Holdings, is discontinuing its use of the marketing…

FCA wins £16.9m judgement against African CIS

By: Gary Robinson | 27 Mar 2018

The UK’s financial regulator has warned unauthorised purveyors of ‘dubious investments’ that there is no hiding place as it won its latest judgement – worth £16.9m –…

Zimbabwe extends tax amnesty to June

By: Helen Burggraf | 21 Mar 2018

The Zimbabwe Revenue Authority has extended its amnesty for those with undeclared assets that were accrued prior to 1 December, 2017, with the scheme now set to end…

Standard Chartered launches its ‘first-ever digital bank in Africa’

By: Helen Burggraf | 19 Mar 2018

Standard Chartered Bank has unveiled a digital operation in Côte d’Ivoire that it says represents its “first-ever digital bank in Africa”, and retained one of the country’s…

EXCLUSIVE: Holborn Assets opens new office in South Africa

By: Christopher Copper-Ind | 05 Mar 2018

UAE-based Holborn Assets has opened an office in Johannesburg and recruited an eight-strong team of advisers as the company pursues a global expansion during 2018. The new…

Carrick Wealth opens outpost in Malawi as African expansion continues

By: Helen Burggraf | 05 Mar 2018

Carrick Wealth Management, the Cape Town, South Africa advisory firm headed by Craig Featherby, has opened an office in Blantyre, Malawi, bringing to five the number of…

Zanzibar offshore property market opens to foreigners for first time

By: Christopher Copper-Ind | 01 Mar 2018

Foreign investors seeking to buy offshore property can now do so in the idyllic Tanzanian archipelago of Zanzibar. The East African nation is, for the first time…

Changes to S Africa’s Regulation 28 welcomed by asset managers

By: Christopher Copper-Ind | 28 Feb 2018

South Africa’s finance minister, Malusi Gigaba, has announced that the offshore investment allowance for institutional investors will be increased from 25% to 30%. The changes were announced…

Comment: The policing effect of consumer power

By: Alexander Machkevitch | 19 Feb 2018

Global trade has done wonders for investors and consumers by reducing prices and increasing returns. By shifting production to low labour cost areas it has helped lift…

Now Ocorian to acquire biz services company in Mauritius

By: Helen Burggraf | 06 Feb 2018

Ocorian, the acquisitive Jersey-based trust, alternative investment, corporate and private client services business that re-branded from Bedell Trust in 2016, has announced its second acquisition in less…

People Moves: Sanlam UK, Aviva Investors, The International Stock Exchange

By: International Investment Staff | 05 Feb 2018

Sanlam UK Sanlam UK, the British arm of the South Africa-based and listed Sanlam financial services group, said it has named David Mason chief operating officer, succeeding…

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