Investec AUM reaches £61.5bn
The assets under management of Investec Asset Management have risen to a record £61.5bn, supported by net annual inflows of £5.2bn, according to the company’s reported results for the financial year to 31 March 2012.
In the same period, earnings increased by 5% to £133.7. Over the past three years, Investec has seen net inflows average in excess of £5bn per annum.
Hendrik du Toit, Investec chief executive (pictured), said: “We enter our third decade with confidence. Our focus remains unchanged: to manage our client’s investments to the highest standards possible, to ensure appropriate alignment with the interests of our clients, to remain open to sensible innovation, and to generate investment insights to support our delivery to clients.”
“The combination of our emerging market roots and our global footprint positions us well for the future. We have a strong culture, a broad range of investment capabilities and a stable and experienced leadership team. This has helped us navigate through these volatile times whilst maintaining our long-term focus.”