Africa
Business strategies: On the road to RDR
In the second of this three-part series, Brian Foster explores the brave new world that awaits advisers adopting a financial planning model as they prepare for RDR in South Africa.
Business strategies: A question of scale
In the final part of a three part series examining the retail distribution review landscape in South Africa, Brian Foster questions the wisdom of thinking big when it comes to advisers growing their businesses.
Allan Gray family transfers control of business to charity
Allan Gray, founder of the South African-based investment management firm which carries his name, and his family have moved their controlling stakes in the Orbis and Allan Gray groups into a new charitable foundation.
Third finance minister in five days lifts SA focused financials
South African President, Jacob Zuma’s decision on Sunday to name the country’s third finance minister in five days, saw the country’s currency and Johannesburg and London-listed financial stocks rebound sharply in early trade on Monday.
Schroders launches European real estate fund
Schroder Real Estate has launched a European real estate investment trust that will be listed on the LSE and the Johannesburg Stock Exchange (JSE).