Africa
Mauritius FSC issues warning
The Mauritius Financial Services Commission has issued a warning against The Four Elements PCC, an umbrella fund structure under which there are understood to be up to 26 funds.
Axa buys 77 stake in Nigerian insurer
The Axa Group has bought a majority stake in Nigeria based life company, Mansard Insurance.
Offshore centres fundamental to Africas
Africa must rely on international financial centres if it is to raise the $6.1trn of direct foreign investment it requires to support the continuation of its growing economy.
Austen Morris profile South African Adventure
“We started out in the World Trade Centre in Dubai. It was the biggest building in the region at the time and
now it is the smallest,” says Wade Dawson, partner and regional manager at Austen Morris Associates’ South Africa office, as he contemplates how far the advisory firm has come during its 20-year history.
Nikko appoints execs for Middle East
Nikko Asset Management has appointed three executives to lead its development in the Middle East, Africa, and Asia.