Investec profits rise in wealth and fund management arms
Investec Wealth & Investment (IW&I) has reported a 14.1% growth in its operating profit in the six months to 30 September as its assets under management (AUM) grew to £51.3bn.
Investec
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IFA M&A expected to climb – Investec W&I
M&A activity among small IFA firms is expected to increase over the next two years, according to a survey by Investec Wealth & Investment.
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DFMs set for business uptick under Mifid II – IW&I
Discretionary fund management (DFM) looks set to benefit from Mifid II as almost a third of advisers expect the directive to result in the rise of outsourcing arrangements to financial advisers, according to Investec Wealth & Investment (IW&I).
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Investec warns of lower profits, despite healthy AM inflows
Investec cautioned profits would be “slightly behind the prior year”, despite positive H1 net inflows in its asset management arm.
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HEAD-TO-HEAD: Investec Global Energy Fund vs Schroder ISF Global Energy
Fund Selector Asia compares the Investec Global Energy Fund and the Schroder ISF Global Energy Fund.
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Investec Wealth & Investment names new UK MD
Investec Wealth & Investment has appointed Tom Street to the newly-created position of managing director, IW&I UK.
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Three is the magic number for Investec
Investec uses three portfolio buckets – growth, defensive and uncorrelated assets – while shunning the usual suspects for a wide range of asset classes and financial instruments.
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Brexit would affect UK retail demand negatively – Investec
While a vote to leave the European Union would likely be negative for UK retail demand, the sector is more resilient than many others, according to Investec.
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Advisers banking on family referral uptick
Four in five (82%) financial advisers expect to see an increasing number of clients refer them to other family members, according to a survey by Investec Wealth & Investment.
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M&S self-help story intact as CEO steps down
Thursday’s news that M&S CEO Marc Bolland is retiring was well received by investors who see the move as a credible next chapter in the firm’s ongoing self-help story.
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‘Super Thursday 2’ expected to rein in doves
The upcoming second iteration of ‘Super Thursday’ is likely to yield comments from the Bank of England designed to rein in dovish sentiment, according to Investec.
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UK unemployment drops to seven-year low
The United Kingdom’s unemployment rate has dropped to a seven-year low of 5.4%.
