Rathbones merger with Investec Wealth ‘progressing well’ but outflows ‘elevated’ May 9, 2024 "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.
Champions Cup sponsors Investec team up with School of Hard Knocks charity April 11, 2024 Investec, the leading financial services group and title sponsor of the Investec Champions Cup, has today announced a three-year partnership with School of Hard Knocks (SOHK), a social inclusion charity that uses sport to teach valuable skills to underprivileged people. Through the partnership, Investec will provide participating children with career insights and development days. It [...]
Investec launches £250m real estate fund… But not for retail investors March 27, 2024 The strategy, called 'REALIS,' is aimed at institutional investors and high-net-worth individuals rather than retail investors.
Investec expects double-digit earnings growth after year of change March 20, 2024 In the past few years Investec also spun off its wealth management business Ninety One and sold its remaining 15 per cent stake in 2021.
Rathbones sees higher outflows as Investec Wealth merger ‘progressing well’ March 6, 2024 Rathbones' funds under management and administration came in at £105.3bn, compared with £60.2bn in 2022. This figure included £42.2bn from IW&I.
Investors flee bonds and stocks to cash as interest rates stay high March 4, 2024 UK retail investors are increasing flocking to cash over other investments as interest rates remain at sky-high levels. Interest rates are at their highest level in over 15 years, at 5.25 per cent, leaving many investors to see a guaranteed return on cash as more appealing than stocks or bonds. UK households now hold 31 [...]
Saga surges towards profit in ‘stronger than expected’ six months January 30, 2024 Over 50s specialist Saga reported a “stronger than expected” six months this morning after announcing last week that it was looking to sell a stake in its cruise business to cover its debts. In a trading update, Saga revealed that over the last six months, revenues increased by between 10 to 15 per cent, while [...]
Succession planning: UK family firms stick to generational commitment January 19, 2024 An Investec study, shared exclusively with Morning Wire, shows that nine out of 10 of the family businesses surveyed have "robust" succession plans in place for the next generations, with one in three being "open" to the idea of selling.
Exeter Chiefs stun Munster with glorious Champions Cup comeback December 17, 2023 Exeter’s rebuild hit a landmark milestone today after the Devonians came from behind to beat Irish giants Munster and go two from two in the Investec Champions Cup. Many were worried about how Rob Baxter’s men would deal with the ferocity of the biggest club competition in rugby after the Chiefs faced an exodus of [...]
Why Investec is proud to sponsor rugby’s Champions Cup December 7, 2023 The bank's marketing chief explains why the partnership is a perfect fit.