BEGIN:VCALENDAR
VERSION:2.0
PRODID:icalendar-ruby
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTAMP:20260517T180220Z
UID:IYwwfg
DTSTART;VALUE=DATE:20190425
DTEND;VALUE=DATE:20190426
CLASS:PUBLIC
CREATED:20190110T073409
DESCRIPTION: Though huge parts of Africa remain locked in extreme poverty\,
  it’s impossible to miss the emergence of high net-worth individuals (HN
 WI). In Nigeria\, Africa’s largest state both by population and size of 
 the economy\, the number of HNWI has more than quadrupled in the last 10 y
 ears. Ivory Coast\, Algeria and Ghana are other West African countries tha
 t have experienced a high increase of the rich population. However\, durin
 g 2018\, a considerable proportion of HNWI have been also migrating to oth
 er regions like the UK\, US\, France\, Switzerland\, the UAE and South Afr
 ica. Safety concerns have deterred investment and discouraged wealthy peop
 le from staying in countries like Nigeria. \n\n As far as wealth managemen
 t\, traditional asset management is expanding aggressively across Africa\,
  in particular the mutual fund industry. The global rise in the volume of 
 investable assets\, which has taken place over the last two decades\, is s
 et to continue to increase in the future and investable assets are set to 
 be significantly higher in 2020. A number of banks have set up their own a
 sset management subsidiaries in a bid to push their own proprietary produc
 ts. Some of these banks are also seeking cooperation with foreign asset ma
 nagers to promote their African investment strategies in other parts of th
 e world in exchange for promotion of other asset managers’ investment st
 rategies in Africa. \n\n On the other hand\, sovereign wealth funds (SWFs)
  can fill existing funding gaps until the legal frameworks of African coun
 tries develop sufficiently to make them appealing to other investors. And 
 the fact that most of the funds use a proportion of their assets to make i
 mpact investments domestically or regionally suggests that they will becom
 e big players in local markets. \n\n Wealth &amp\; Society West Africa 201
 9 will bring together a wide range of high-profile senior executives\, ret
 ail banks\, asset management companies\, influential investors\, sovereign
  wealth fund directors\, philanthropists and other industry professionals 
 to discuss the current situation of the wealth management industry\, analy
 ze the obstacles it’s facing and foreseeing new opportunities. We will a
 lso have case studies and learn how to use your wealth to be relevant to s
 ociety. Wealth &amp\; Society West Africa is the perfect leading platform 
 for insight sharing\, networking with wealth experts\, and strategic plann
 ing for all wealth landscape players. \n
LAST-MODIFIED:20190403T133402
LOCATION:Nigeria
ORGANIZER:MAILTO:
SUMMARY:WEALTH AND SOCIETY WEST AFRICA 2019
URL;VALUE=URI:https://ti.to/the-asian-banker/wealth-and-society-west-africa
 -2019
URL;VALUE=URI:https://ti.to/the-asian-banker/wealth-and-society-west-africa
 -2019
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