Africa
Intermediary profile: Power to the voice of South African IFAs
Ahead of RDR implementation in South Africa, IFAs would do well to consider whether to stay independent and seek other sources of revenue, or pool together to minimise governance expenses, explains Derek Smorenburg, the man behind the South African Independent Financial Advisors Association (SAIFAA).
EXCLUSIVE INTERVIEW: Brooks Macdonald Int’l wins $40m South Africa deal
Channel Island-based Brooks Macdonald International has won a mandate to manage half of a South African trust company’s offshore portfolios, less than four months after acquiring an intermediary licence.
Ashmore founder Booth launches EM boutique
Ashmore Group founder Jerome Booth has launched an emerging markets-focused boutique asset management firm which will initially target opportunities in Africa.
SA advisers anticipate ‘strong’ QROPS interest
South African financial advisers who offer transfers into Qualifying Recognised Overseas Pension Schemes
(QROPS) are expecting strong interest from clients in the coming year, according to a recent survey.
IDAD aims to grow African business with new hire
Investment Design & Distribution (IDAD), the UK-based structured products specialist, said it is looking to grow its business in Africa with the appointment of Graeme McCallion.