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United Kingdom

Investec PLC (INVP.L)

INVP.L on London Stock Exchange

483.30GBp
4:51pm BST
Change (% chg)

3.20 (+0.67%)
Prev Close
480.10
Open
483.40
Day's High
490.50
Day's Low
482.20
Volume
914,507
Avg. Vol
1,969,811
52-wk High
649.40
52-wk Low
451.20

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Fri, Sep 14 2018

Investec asset management spin off plan lifts shares

JOHANNESBURG/LONDON Investec cheered investors on Friday with plans to spin off its asset management unit in a surprise restructuring ahead of the departure after four decades of the South African firm's founder and chief executive.

UPDATE 3-Investec asset management spin off plan lifts shares

* Unit has $143 billion under management (Adds more detail, updates management quote, share price)

Trade talks and tech fuel rally in European stocks, Investec jumps

LONDON, Sept 14 Led by technology and autos stocks, European benchmarks rose on Friday after Asian markets climbed overnight on hopes of new trade talks between the United States and China, while asset manager Investec shone after announcing a demerger.

Investec sees steady earnings growth as it prepares for changing of the guard

JOHANNESBURG Anglo-South African investment bank and asset manager Investec Plc reported an increase in operating profit on Thursday, with funds managed by its asset management business topping 100 billion British pounds for the first time.

Investec sees steady earnings growth as it prepares for changing of the guard

JOHANNESBURG, May 17 Anglo-South African investment bank and asset manager Investec Plc reported an increase in operating profit on Thursday, with funds managed by its asset management business topping 100 billion British pounds ($135 billion) for the first time.

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