Skip to content
International Adviser
  • Contact
  • Login
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice News
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

SIGN IN INTERNATIONAL ADVISER

Access full content on the International Adviser site, access your saved articles, control email preferences and amend your account details

[login-with-ajax]
Not Registered?

European Wealth expands to South Africa

By Kirsten Hastings, 18 Apr 17

European Wealth has opened an office in Johannesburg, South Africa, following its recent acquisition of a client bank from Towry Asset Management.

European Wealth has opened an office in Johannesburg, South Africa, following its recent acquisition of a client bank from Towry Asset Management.

The firm said that move forms part of European Wealth’s commitment to service clients locally, as many the clients acquired from Towry AM are based in Southern Africa.

The new office will be led by Paul Heber, who was previously a director of Savoy Asset Management and an investment manager at Société Générale.

The team also includes former Cazenove partner Tony Lederle, and former executive managing partner of 1st Corporate Advisory Group, Sureshan Moodley.

John Morton, chief executive of European Wealth, said: “Southern Africa is an exciting opportunity for us. It is a region that we know well and many of our team have direct experience of working with clients from this area.

“We have always been committed to servicing our clients locally and with the acquisition of this client bank it was essential that we had highly skilled local expertise available to them.”

Tags: South Africa

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Companies

    Brooks Macdonald stems outflows as client engagement kicks in

    Companies

    JTC completes Citi Trust takeover

  • Africa

    Citi Wealth partners with Allfunds to boost fund service

    Africa

    IA: In The Loop Podcast 4 – Phil Story, Investors Trust


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.