Old Mutual’s EM units could be listed in S Africa
Old Mutual Emerging Markets, one of four units the UK-headquartered financial services giant plans to spin off, may be listed on the Johannesburg stock exchange.
Nedbank
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Transparency and technology at the forefront of change, says everyone
Deadlines to implement business changes thanks to new regulations are coming thick and fast. So how are international life companies and global intermediaries changing their business models as a result?
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Old Mutual to break into 4 new businesses
South African financial services group Old Mutual has decided to break up its business into four separate units as it believes they will perform better independently.
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Nedbank Private Wealth expands Middle East ops
Nedbank Private Wealth, the offshore private bank majority-owned by South Africa’s Old Mutual, said it has doubled its client base in the Middle East during the past two years and has expanded its support team for its Dubai-based operation.
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UK and Dubai fuel Nedbank growth
Nedbanks UK and Dubai offices led the way last year in a period which saw across the board growth for the private wealth company.
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nedbank aims to double mideast client base
Nedbank Private Wealth is aiming to double its client base in the Middle East over the next year, with plans also afoot to expand into Asia, according to the wealth manager's Middle East and Asia head Andrew Bates.
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nedbank expands in middle east and asia
Nedbank Private Wealth is beefing up its Middle East team with the appointment of two new private bankers Chris Jones and Marc Beattie.
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nedbank appoints bates to head middle east
Nedbank Private Wealth has appointed Andrew Bates to head its Middle East and Asia operation.
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profits rise at nedbank private wealth in 2012
After tax profits at Nedbank Private Wealth, which re-branded from Fairbairn Private Bank in October last year, were up 15% during 2012.
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fairbairn name dropped in nedbank restructure
Fairbairn Private Bank is to become Nedbank Private Wealth as part of a corporate restructure which will see the company’s high net worth client-focused entities merged into one.
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fairbairn name may disappear as nedbank
Nedbank Group, a division of South African insurer Old Mutual, is restructuring its high net worth client proposition, with a number of its brands, including Fairbairn Private Bank, to be combined into one new entity.
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fairbairn segregated strategies as oeic
Fairbairn Private Bank is to make its collective funds – Nedgroup Investments MultiFunds – available through its discretionary investment management service.