INPJ.J
Latest Trade
8,260.00ZAcChange
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--52 Week Range
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9,450.00As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay
Previous Close | 8,260.00 |
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Open | -- |
Volume | -- |
3M AVG Volume | 74.37 |
Today's High | -- |
Today's Low | -- |
52 Week High | 9,450.00 |
52 Week Low | 7,277.00 |
Shares Out (MIL) | 985.30 |
Market Cap (MIL) | 4,529.53 |
Forward P/E | 7.74 |
Dividend (Yield %) | -- |
Investec PLC - Investec's asset management spin off valued at 1.89 billion stg
Investec PLC - Hendrik du Toit to be CEO of asset management business
Investec PLC Asset Management demerger expected on March 13, 2020
Investec plc is a specialist bank and asset manager. The Company provides a range of financial products and services to a client base in various markets, including the United Kingdom and Europe, South Africa, and Asia/Australia. Its segments include Asset Management, Wealth & Investment, and Specialist Banking. The Asset Management segment provides investment products and services to institutions, advisory clients and individuals. Its clients under Asset Management segment include pension funds, central banks, sovereign wealth funds, insurers and foundations. Its Specialist Banking segment includes private banking, corporate and institutional banking, Investec Property, Investment Banking and ReichmansCapital. Investec Wealth & Investment segment focuses on managing investments for private investors, families, trusts and charities, corporate and executives, and intermediaries. Its investment management for individuals includes active portfolio management and wealth management.
Industry
Investment Services
Executive Leadership
Peregrine Kenneth Oughton Crosthwaite
Independent Non-Executive Chairman of the Board
Hendrik Jacobus du Toit
Joint Group Chief Executive Officer, Executive Director
Fani Titi
Joint Group Chief Executive Officer, Executive Director
Nishlan Andre Samujh
Group Chief Finance Officer, Group Finance Director, Executive Director
Ciaran Whelan
Group Chief Operating Officer
Price To Earnings (TTM) | 8.47 |
|---|---|
Price To Sales (TTM) | 1.68 |
Price To Book (MRQ) | 0.89 |
Price To Cash Flow (TTM) | -- |
Total Debt To Equity (MRQ) | 126.09 |
LT Debt To Equity (MRQ) | 102.17 |
Return on Investment (TTM) | -- |
Return on Equity (TTM) | 1.07 |
Anglo-South African financial services group Investec <INVP.L> <INLJ.J> expects to raise about 189 million pounds from the sale of around 10% of its asset management business, which will be renamed Ninety One when it is spun off in March.
* INVESTEC PLC - ASSET MANAGEMENT SPIN OFF NINETY ONE VALUED AT 1.89 BILLION STG
Anglo-South African financial services group Investec will sell about 10% of its asset management business, to be renamed Ninety One, when it is spun off as part of a demerger expected in March.
Anglo-South African Investec Group said on Friday the demerger of its asset management arm is set for March 13, when it will be renamed Ninety One.
Weak UK banking and wealth management performances dragged on Investec's <INVP.L> <INLJ.J> first-half profit, piling pressure on the Anglo-South African financial services firm's shares.
Anglo-South African financial services firm Investec , said on Thursday its first-half profit fell 17.2%.
Anglo-South African financial services company Investec <INVP.L> <INLJ.J> said its first-half profit will be lower than a year ago due to a jump in restructuring costs and as global trade tensions and Brexit roil its key markets.
Investec <INLJ.J> <INVP.L> has received full key regulatory approvals for the proposed spin-off and separate listing of its asset management unit, which it now expects to complete in the first quarter of next year, it said on Wednesday.
** Shares of wealth management provider Brewin Dolphin up 2% at 312 pence
Investec Plc will open a branch in Australia in a push to expand its international network, the bank said on Thursday.
* Reports 3.6% rise in earnings, shares flat (Adds details, share price, bullets, updates quotes)
South African financial services group Investec reported a 3.6% rise in full-year earnings on Thursday amid a "challenging" environment in its two main markets, South Africa and Britain.
Britain's Brewin Dolphin has agreed to buy Investec's Irish wealth business for 44 million euros ($49 million) in cash in a deal it said on Friday would make it one of the country's top-three wealth managers.
British wealth manager Brewin Dolphin said on Sunday it is in talks to acquire Investec's wealth management business in Ireland.
British wealth manager Brewin Dolphin Holdings Plc said on Sunday it is in talks to acquire Investec Plc's wealth management business in Ireland.
** British baker Greggs shares up >5 pct to a record high; among top gainers on FTSE Mid 250 index
South African financial services group Investec reported a 14.2 percent rise in half-year profit on Thursday buoyed by its banking unit.
South African financial services group Investec reported a 14.2 percent rise in half-year profit on Thursday buoyed by its banking unit.
Investec <INLJ.J> 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.
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.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.