Tag: South Africa insurer Sanlam buys 49% stakes in Firstglobal AM

Insurance

South Africa insurer Sanlam buys 49% stakes in Firstglobal AM

The stake includes seven wealth management/financial advisory businesses which are independently owned by senior professional advisors based in Johannesburg, Cape Town, Pretoria, Durban and Richards Bay. Formed in 2004, Cape Town-headquartered Firstglobal AM is a part of the Firstglobal Group. The firm currently manages six South African and two offshore […]