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Top Rated Brokers And Funds For South Africa’s Ultra-Rich


Money

New data released by New World Wealth shows the top rated brokers and funds for South Africa’s super-rich residents.

Results are based on a recent New World Wealth survey which focused on the preferences of the country’s high net worth individuals (HNWIs) who are dollar millionaires.

Brokers are considered to be the best route of getting to wealthy people in South Africa, NWW said.

Therefore any fund manager, wealth manager or private bank needs to build strong relationships with individual brokers in order to get exposure.

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Criteria for ratings:

  • Performance
  • Reputation
  • Appeal to HNWIs
  • Client service.

South Africa: Top rated brokers for the super-rich, 2016

Rank Broker Base
1 Alexander Forbes Johannesburg
2 Investec Johannesburg
3 Old Mutual Cape Town
4 Liberty Life Johannesburg
5 PSG Cape Town

South Africa: Top rated equity funds for the super-rich, 2016

Rank Fund Base
1 Allan Gray Cape Town
2 Foord Cape Town
3 Coronation Cape Town
4 Prudential Cape Town
5 PSG Cape Town

 

Source: Business Tech

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