Investec sees AUM soar on record inflows

clock

Investec's global asset management business expects to see assets jump 22% year on year after record inflows into the business during 2010/11.

The group says in its pre-close trading update total assets under management are expected to have climbed to £56.6bn within the asset management division, up 22%, over the year to the end of March. This has been driven by record net flows of more than £6.5bn, the group says. The UK numbers are expected to outperform that trend. Retail assets under management in the UK have already jumped sharply from £6bn last April to £9bn by the end of December 2010, according to IMA figures. Investec has seen strong inflows into a range of products including Alastair Mundy's Cautious Managed fun...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Rising uncertainty and prices pushing investors to advisers

Rising uncertainty and prices pushing investors to advisers

Inflation is the top financial fear

Patrick Brusnahan
clock 10 June 2025 • 1 min read
Most investors say managers behind shy active ETFs 'mislead' the market

Most investors say managers behind shy active ETFs 'mislead' the market

2024 a record year for European ETFs

Patrick Brusnahan
clock 30 May 2025 • 1 min read
EquitiesFirst's James Mungovan: Time to let private credit fund public growth

EquitiesFirst's James Mungovan: Time to let private credit fund public growth

Escape from low-growth trap

James Mungovan
clock 28 May 2025 • 3 min read
Trustpilot