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.
Africa
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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,
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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.
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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.
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CISI launches first Africa office
The Chartered Institute for Securities & Investment (Cisi) has opened its first African office in Nairobi, Kenya.
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What advisers should look for in a platform
The rapid development of the offshore platform space means that advisers can sometimes be spoiled for choice. But what should they be looking for?
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Finding value in EMD and alternative fixed income
To navigate the hazards of the bond markets, one fund manager looks to US and emerging market debt for value while a fund selector finds opportunity in alternative fixed income.
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Carrick Wealth names Botswana head
Financial adviser firm Carrick Wealth has appointed one of its own to lead its Botswana operation, with a remit to ensure the firm maintains and grows its strong presence in the nation.
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How advisers can generate new income streams
When it comes to running a sustainable financial advice business, the top concern for advisers is the growing burden of administration and not having enough time to generate new income streams, according to research by Masthead.
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Billionaire financial planning boss reveals dementia diagnosis
The founder and chairman of South Africa’s PSG Group has announced that he was recently diagnosed with an early form of dementia.
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South Africa gets $14bn boost by avoiding junk status
Moody’s decision to not downgrade South Africa to junk status has saved the economy about £14bn in outflows from the local bond market, according to an expert from Morningstar.
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PEOPLE MOVES: Tilney, Aviva, Brewin Dolphin
Tilney appoints a former Schroders chief financial officer to its board of directors, Aviva hires a head of global financial institutions and Brewin Dolphin makes several key changes to its Cardiff team.