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LATEST NEWS FOR Investec Ltd.  

Investec is an international, specialist bank and asset manager that provides a distinctive range of financial products and services to a niche client base in three principle markets, the United Kingdom, South Africa, and Australia as well as certain... [more info]

South African banks cut deeper into junk by Fitch on virus

1 Apr 2020 /  Vernon Wessels, Bloomberg   
Ratings reduced by one notch to BB.

Covid-19 crash: R2.3trn wiped out

16 Mar 2020 /  Larry Claasen   18
Alsi closes down 32.6% since the beginning of the year.

Fired manager at PIC says he was scapegoated

UPDATE
9 Mar 2020 /  Antony Sguazzin, Bloomberg    5
And has the documents to prove it.

Market wrap: Chinese markets play catch up and recoup losses from Lunar New Year return

17 Feb 2020 /  Moneyweb  
Makwe Masilela – CIO, Makwe Fund Managers

Investec ups climate investment, clarity as pressure grows

12 Feb 2020 /  Antony Sguazzin and Roxanne Henderson, Bloomberg   3
Company is getting ready to list a renewable-energy fund later this year.

‘SA’s private sector is not on an investment strike’

17 Jan 2020 /  Suren Naidoo   7
Investec economist notes uptick in activity, despite the country’s electricity woes and record low business confidence.

SAA seeks funding as state wavers on aid

4 Dec 2019 /  Loni Prinsloo and Roxanne Henderson, Bloomberg    32
Airline has reportedly approached Standard Bank, Investec, Absa, Nedbank and RMB.

Investec to sell 10% of asset manager in March spin-off

29 Nov 2019 /  Emma Rumney, Reuters   1
CEO says the move is aimed mainly at delivering long-term value and was in the interests of shareholders and clients.

Investec struggles due to poor UK performance

21 Nov 2019 /  Moneyweb  
Fani Titi – joint CEO, Investec

Investec H1 profit hit by weak UK banking

21 Nov 2019 /  Emma Rumney, Reuters   1
Performance hurt by the impact of global trade tensions and Brexit in its key markets.

Investec Property Fund ‘committed to SA’

14 Nov 2019 /  Suren Naidoo   2
The real estate investment trust says it will continue to look for good local acquisitive opportunities.

Investec Asset Management acquires Egyptian retailer

16 Jul 2019 /  Moneyweb  
A booming middle class, real GDP growth and 100 million population has attracted the company.

Financial counters are thin with the future seeming bleak

16 Jul 2019 /  Moneyweb  
Many employees in the financial sector are already looking for a new source of income, says trader.

Investec set to appoint ex-MTN, BofA executives to its board

2 Jul 2019 /  Loni Prinsloo, Bloomberg    1
Philisiwe Sibiya and Henrietta Baldock set to replace Cheryl Carolus and Laurel Bowden.

Growthpoint-Investec African JV secures its first two deals

27 Jun 2019 /  Suren Naidoo   1
Announcement imminent as it emerges as the suitor of Hyprop and Attacq’s retail properties in Ghana and Zambia.

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