Investec (JSE: INL and LSE: INVP) is an international specialist banking group that caters to the high-end market, providing a diverse range of financial products and services.
History
The company was established as a leasing company in 1974 in Johannesburg and acquired a banking license in 1980. In 1986, Investec listed its stock on the JSE Securities Exchange in South Africa. Since July 2002, Investec has been a dual-listed company consisting of Investec Limited (Johannesburg) and Investec PLC (London).
The group operates five business units:
In 1998 Investec acquired Guinness Mahon, a leading London based merchant bank for £95m, thereby acquiring in the process, the leading practioners of regulatory reporting ("The A-Team"): the deal also involved the purchase of Henderson Crosthwaite, a firm of stockbrokers.[1]
Directors
The Current Directors are Stephen Koseff (Chief Executive Officer), Bernard Kantor (Managing Director), Glynn Burger, and Alan Tapnack.
Operations
Currently, Investec operates primarily in South Africa, the United Kingdom, and Australia. The group also has banking operations in Ireland, Switzerland, Mauritius, Guernsey and the United States.
Investec Asset Management
Investec Asset Management is a specialist investment manager, providing a premier range of products to institutional and individual investors.
Established in 1991, the firm has been built from start-up into an international business managing in excess of US $64bn* on behalf of third party clients. They have grown from domestic roots in the UK and Southern Africa to a position where they proudly serve a growing international client base from the Americas, Europe, Asia the Middle East and Africa. They employ over 100 investment professionals.
The firm seeks to create a profitable partnership between clients, shareholders and employees, and to exceed expectations for both client service and performance.
Investec Asset Management is an independently managed subsidiary of Investec Group.
References
See also
External links
|
