Despite losing its UK equity team and two managing directors Investec Asset Management has increased its business significantly since its UK launch in 1998, finds Christopher Salih
Investec Asset Management has made a heady rise to prominence since its debut in the UK in 1998. It now has just under £2.5bn of assets under management and is seeing some of the strongest flows of new money. However, it has not been all plain sailing. The group has lost a UK fund management team and two managing directors, though neither loss has had an appreciable effect on either performance nor business flows. Managing director David Aird believes the group is ready to join the 'big boys'. How is the group going about building its business? Investec was borne in South Africa - hence th...
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