Africa
Woodbrook to make UAE and Latin America acquisitions
International financial adviser Woodbrook Group is in the process of making at least two more acquisitions this year – including entries into the UAE and South America.
South Africa’s Prescient Life sold
Johannesburg-headquartered investment manager 27Four has secured a life insurance licence after agreeing to acquire 100% of Prescient Life from its parent company Prescient Holdings.
Investing in Africa is still a tough sell
Negative headlines have done little to help managers make investing in Africa an attractive proposition, but the sheer size of the continent and the opportunities on offer mean it is worth taking a second look, says Ashburton Investments’ Paul Clark,
Hackers infiltrate major South Africa life insurer
Liberty Holdings says it is in full control of its IT infrastructure despite the private information of top clients falling into the hands of unknown hackers last week.
Allegations hit South Africa adviser exam body
Following claims of irregularities, advisers will no longer be able to sit exams with the Financial Planning Institute (FPI) of Southern Africa.