Africa
Ashburton Investments acquires Atlantic Asset Management
South African investment firm Ashburton Investments will acquire 100% of Atlantic Asset Management, a boutique fixed income asset manager based in Cape Town, for an undisclosed sum.
Business strategies: Smartening up your act
With the introduction of South Africa’s RDR fast approaching there are a number of vital issues firms should address, says Brian Foster, founder of Brian Foster Coaching & Consulting, in part one of a series of three articles.
Sanlam and Santam buy stake in Morocco-based Saham
Sanlam and its short term insurance subsidiary Santam are set to enter new markets having reached an agreement to acquire a 30% stake in Morocco-based Saham Finances, which operates in 26 countries predominantly across Africa and with a presence in the Middle East.
Brooks Macdonald expands discretionary services in S. Africa
Brooks Macdonald International has announced that its discretionary investment management services are now available to offshore investors in South Africa through the Sanlam Group’s Glacier platform.
Old Mutual teams up businesses for South Africa HNW investors
Old Mutual Wealth is teaming up its various divisions, including Old Mutual International and Quilter Cheviot, to offer an all-round service to investors in South Africa ahead of next year’s Retail Distribution Review.