z-kolkiemz-kolkiem

Brexit statement

This update provides information for Nedbank Private Wealth and Nedgroup Trust.
Share on facebook
Share on linkedin
Share on twitter
Share on email
Published 13 December
1 min

Following the UK election in December 2019, there is now less uncertainty regarding the Brexit process, although a deal has yet to be agreed.  Nedbank Private Wealth is well positioned to provide continued service and support to our clients throughout this period.

 

Investment positioning

Our investment strategies offer global diversification and, as such, we are confident that our global investment approach is well positioned to offer attractive long-term, risk-adjusted returns, which will not be impacted by Brexit.

Banking

We do not expect any significant disruption to banking, payments or card services.

 

Third party arrangements

 

Clearing banks

We use the services of the following UK clearing banks: Natwest (for Sterling and Euro) and Deutsche Bank (for US Dollars).

  • Natwest is a UK-based bank and there is not expected to be any impact on its clearing activities as a result of Brexit.
  • Deutsche Bank has moved some of its clearing activity to Frankfurt, but plans to retain its business in London, so there should be no impact as a result of Brexit.

Custody

Our custodian is Citibank NA (London branch) for our UK office, and Citibank International Limited (Luxembourg branch) for the Isle of Man and Jersey offices.  We have received reassurances from our custodian that they do not expect any impact on the services that they provide to us.

Access more of our insights

August's business update amid COVID-19

3 Aug

   |   1 min

This is the latest update as to how we as a business are operating. We hope our clients and their families are safe and well during the COVID-19 pandemic.

June's business update amid COVID-19

19 Jun

   |   1 min

This is the latest update about how we as a business are operating. We hope our clients and their families are safe and well during this challenging time.

Money management

An invitation to discover more about your finances

16 Jun

   |   1 min

We want to help individuals understand the financial options open to them. Beckie Williams explains why we regularly post educational articles and insights.

Coronavirus: how we are helping clients

2 May

   |   3½ mins

Beckie Williams outlines the measures we have taken as a business to we are helping clients and ensuring minimal disruption to during the coronavirus (COVID-19) pandemic.

Get in touch

If you are interested in becoming a client, please complete the form via the ‘become a client’ button below. Alternatively, if you are already a client, or if you have a question about how we help clients in particular circumstances, please use the ‘contact us’ button.

 

We will get back to you as soon as we can during office hours, which are Monday to Friday, 8am to 8pm (UK time), except for UK public holidays.

Become a Client

Thank you for your interest in Nedbank Private Wealth. Please call us on +44 (0)1624 645000 or complete the requested information and one of our team will get back to you soon. We look forward to speaking with you.

* Required fields

Contact Us

Give us a call today on +44 (0)1624 645000 or please complete the requested information and one of our team will get back to you soon. We look forward to speaking with you.

Our office hours are weekdays from 8am to 8pm UK time, except for UK public holidays.

* Required field

Search suggestions