Tag: S. Africa’s Sanlam strikes money management deal

Insurance

S. Africa’s Sanlam strikes money management deal

South African insurance group Sanlam has agreed to establish one of the largest Black-owned money management firms in the country through a deal with African Rainbow Capital Financial Services. The deal will see ARC FS take a 25% stake in Sanlam’s South African third-party money management business, Sanlam Investments. The […]