Standard Bank Wealth and Investment has established a relationship with Stanley Gibbons to provide access to a series of exclusive portfolio plans for discerning investors keen to benefit from the growth and stability of the alternative asset luxury investments market.
The Stanley Gibbons Group plc is the world’s leading rare stamp and prestige collectibles merchant. The Channel Islands-based company has held the Royal Warrant as philatelists since 1914 and serves collectors and alternative asset investors all over the world from its offices in the Channel Islands, London, New York, Hong Kong and Singapore.
The new association offers Standard Bank Wealth and Investment clients a series of Stanley Gibbons portfolio plans and exclusive access to the experienced team at Stanley Gibbons to guide them through investing in the specialist market of rare stamps, coins and other prestige collectibles.
Deon de Klerk, Head of Standard Bank Wealth and Investment, Africa and International, said: “Our priority is to our clients and understanding what really matters to them. While we have real in-house expertise in the more traditional asset classes which continue to be at the core of their portfolios, we can’t ignore the fact that our clients are also interested in alternatives and luxury investments. To smoothly navigate the growing market for alternative assets, it’s best to have a trusted guide, and in Stanley Gibbons we have an association that is the undisputed market leader in this area. We’re very pleased to now offer exclusive portfolio plans which include options that are not only designed for investors but also those who are buying simply for enjoyment.”
Managing Director, Stanley Gibbons Investment said: “We are pleased to partner with Standard Bank Wealth and Investment to open up the option of tangible alternative investments for its clients prepared to invest for the medium to long term, and who have a genuine interest in alternative and luxury investments which offer a safe haven for their capital, with a good chance for capital growth.”
With one of the lowest client to Wealth Manager ratios in the industry, Standard Bank Wealth and Investment provides a bespoke range of wealth management and luxury investments solutions and for its international clients.
About the Standard Bank Group
Standard Bank Group is the largest African bank by assets with a unique footprint across 20 African countries. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange.
Standard Bank has a 153-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.
Our strategic position, which enables us to connect Africa to other select emerging alternative asset markets as well as pools of capital in developed markets, and our balanced portfolio of businesses provide significant opportunities for growth.
The group has nearly 49,000 employees and over 1,200 branches, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management. Standard Bank’s Corporate & Investment Banking division offers its clients banking, trading, investment, risk management and advisory services to connect selected emerging markets to Africa and to each other. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.
Headline earnings from continuing operations for 2014 were R21 billion (about USD 1.9 billion) and total assets were R1 907 billion (about USD 165 billion). Standard Bank’s market capitalisation at 31 December 2014 was R232,2 billion (about USD20 billion).
The group’s largest shareholder is Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20,1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.
For further alternative asset information visit:
www.standardbank.com/wealthandinvestment
Photo credit: Derek Keats / VisualHunt.com / CC BY
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