Best of the Week
Most Popular
1. The Trump Stock Market Trap May Be Triggered - Barry_M_Ferguson
2.Why are Central Banks Buying Gold and Dumping Dollars? - Richard_Mills
3.US China War - Thucydides Trap and gold - Richard_Mills
4.Gold Price Trend Forcast to End September 2019 - Nadeem_Walayat
5.Money Saving Kids Gardening Growing Giant Sunflowers Summer Fun - Anika_Walayat
6.US Dollar Breakdown Begins, Gold Price to Bolt Higher - Jim_Willie_CB
7.INTEL (INTC) Stock Investing to Profit From AI Machine Learning Boom - Nadeem_Walayat
8.Will Google AI Kill Us? Man vs Machine Intelligence - N_Walayat
9.US Prepares for Currency War with China - Richard_Mills
10.Gold Price Epochal Breakout Will Not Be Negated by a Correction - Clive Maund
Last 7 days
Silver Outlook Is 'Excellent' - 23rd July 19
Why The Coming Silver Rally Might Be The Greatest - 23rd July 19
We Are in for Decades of Ultra-Loose Monetary Policy - 23rd July 19
Gold & Gold GDX Stocks Ripping. What’s Next? - 23rd July 19
Stock Market Breadth Warning Signs for the Stock Market’s Rally? - 23rd July 19
U.S. Recession Watch: The Six-Cycle Forecast - 23rd July 19
US Dollar Index tightly wound between: US Bond Yields down on safety flows - 23rd July 19
Stocks Bull or Bear? The Market’s Message - 23rd July 19
This Dividend Aristocrat Is Leading the 5G Revolution - 22nd July 19
What the World Doesn’t Need Now is Lower Interest Rates - 22nd July 19
My Biggest 'Fear' For Silver - 22nd July 19
Reasons to Buy Pre-Owned Luxury Car from a Certified Dealer - 22nd July 19
Stock Market Increasing Technical Weakness - 22nd July 19
What Could The Next Gold Rally Look Like? - 22nd July 19
Stock Markets Setting Up For A Volatility Explosion – Are You Ready? - 22nd July 19
Anatomy of an Impulse Move in Gold and Silver Precious Metals - 22nd July 19
What you Really need to Know about the Stock Market - 22nd July 19
Has Next UK Financial Crisis Just Started? Bank Accounts Being Frozen - 21st July 19
Silver to Continue Lagging Gold, Will Struggle to Overcome $17 - 21st July 19
What’s With all the Weird Weather?  - 21st July 19
Halifax Stopping Customers Withdrawing Funds Online - UK Brexit Banking Crisis Starting? - 21st July 19
US House Prices Trend Forecast 2019 to 2021 - 20th July 19
MICROSOFT Cortana, Azure AI Platform Machine Intelligence Stock Investing Video - 20th July 19
Africa Rising – Population Explosion, Geopolitical and Economic Consquences - 20th July 19
Gold Mining Stocks Q2’19 Results Analysis - 20th July 19
This Is Your Last Chance to Dump Netflix Stock - 19th July 19
Gold and US Stock Mid Term Election and Decade Cycles - 19th July 19
Precious Metals Big Picture, as Silver Gets on its Horse - 19th July 19
This Technology Everyone Laughed Off Is Quietly Changing the World - 19th July 19
Green Tech Stocks To Watch - 19th July 19
Double Top In Transportation and Metals Breakout Are Key Stock Market Topping Signals - 18th July 19
AI Machine Learning PC Custom Build Specs for £2,500 - Scan Computers 3SX - 18th July 19
The Best “Pick-and-Shovel” Play for the Online Grocery Boom - 18th July 19
Is the Stock Market Rally Floating on Thin Air? - 18th July 19
Biotech Stocks With Near Term Catalysts - 18th July 19
SPX Consolidating, GBP and CAD Could be in Focus - 18th July 19

Market Oracle FREE Newsletter

Top AI Stocks Investing to Profit from the Machine Intelligence Mega-trend

A Review of Nedbank Private Wealth

Companies / Banking Stocks Nov 23, 2016 - 06:38 AM GMT

By: ....


Nedbank Private Wealth is a leading international private bank offering account services and offshore investment opportunities to globally mobile professionals. 

This is a review and summary of their banking and investment offering.

It is written to enable anyone looking for an organisation for international wealth management to make an informed choice about their solution provider.

Introducing Nedbank Private Wealth

Headquartered in the Isle of Man, Nedbank Private Wealth is the international subsidiary of South African based Nedbank Group, which in turn is South Africa’s fourth largest banking group.

Nedbank Group is owned by the Fortune 500 company Old Mutual; its offshore subsidiary enjoys a AAA rating from the Isle of Man.

Nedbank Private Wealth is a private bank - but it’s very readily accessible to expats, and is far from the stuffy exclusive establishment that one might expect when hearing the words ‘private bank’!

For expats the bank offers an open architecture banking and investment platform called Focus.  This is an incredibly flexible and cost effective platform.
It is an exceptional consolidation solution for an individual’s entire banking, investing and financial management needs.

Offshore investment opportunities from Nedbank

The Focus account platform integrates international private banking services in up to 15 different currencies – making it highly useful for expats, no matter where they work, what currency they earn in, where they need to transfer money to, or in which currency they want to transact.

What’s more, for those looking for the best offshore investment opportunities out there, the Focus account also gives access to direct equity, funds and ETFs, as well as a range of in-house solutions such as multi-asset funds, or segregated discretionary portfolios.

The range of offshore investment opportunities is about as wide as you can get.

Additional services for expats from Nedbank Private Wealth

The private bank aims to offer an exceptionally flexible service and solution to its clients – and one that covers every wealth management requirement.
One way it does this is through enabling negotiated borrowing against invested assets and property through the Focus platform.  Borrowed funds can then be used to further invest – in real estate for example.

Therefore, anyone looking for the most comprehensive range of offshore investment opportunities combined with flexible banking won’t be disappointed.

Furthermore, Nedbank Private Wealth can give clients access to products and solutions such as pensions, ISAs, SIPPS, trusts and tax wrappers such as offshore bonds. 

These can all be integrated and consolidated into a single point of access, making the management of an individual client’s wealth exceptionally straightforward.

DIY, intermediated, and discretionary options are all also available for those who want even more choice.

Who are Nedbank Private Wealth’s banking and offshore investment opportunities most suitable for?

Due to the higher transfer, dealing and custody charges associated with individual service, Nedbank’s accounts and solutions are not suitable for clients with relatively low liquidity.

However, because of the transparency, security and flexibility offered specifically by the Nedbank Private Wealth Focus platform, investors with funds in excess of £25,000 or currency equivalent get access to an unrivalled platform on which to build and manage their wealth.
Such clients are ideally suited to Nedbank’s services and solutions, and should take a look at what’s available and whether it matches their personal requirements.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules