Investec to focus on core niches after completing sale of Private Banking business

From

Investec Australia Limited to leverage global capabilities for local clients Investec says the completion of the sale of its Private Banking business marks a significant milestone for its Australian operation and it will now be able to focus on delivering solutions for corporate, institutional and Government clients across its core niches. Investec Australia Limited (IAL) […]

continue reading

Investec Australia launches bonus points credit card offer for IFAs

From

Points offer extends personal banking product suite for advisers Specialist bank Investec Australia is ramping up its holistic banking offer to financial planners, offering 100,000 Qantas Points to new credit card clients who are approved for an Investec Signature Card during the month of July and spend over $15,000 within 3 months. For clients who […]

continue reading

Investec predicts further corporate activity in funds management sector

From

Fund managers are looking at alternative options to achieve scale in what is becoming an increasingly competitive market. The merging of fund managers to boost funds under management, such as the recent Access Capital and Challenger deal to form boutique infrastructure manager Whitehelm Capital, is likely to be an increasing industry trend according to Investec […]

continue reading

Investec to focus on core strengths with the sale of its Professional Finance and Asset Finance & Leasing divisions

From

Investec Bank (Australia)  announced last Friday that its parent company Investec Holdings (Australia), has entered into a definitive agreement with Bank of Queensland (BOQ) to sell its Professional Finance business which includes its deposits business, and its Asset Finance & Leasing businesses in Australia. The agreement is subject to customary closing conditions such as counterparty […]

continue reading

Investec Australia announces discount home loan rates for advisers

From

New rates build on tailored personal banking offering for IFAs Specialist bank Investec Australia has reduced the interest rates on its tailored home loan offering for financial advisers. Advisers will now be able to access home loan packages from as low as 4.54% p.a. for two-year fixed rates* (4.79% p.a. comparison rate**), and 4.79% for […]

continue reading

Investec Australia launches new financial adviser offering

From

Expands tailored personal banking within professional services markets Specialist Bank Investec Australia has broadened its position in catering to niche professional clients with the rollout of a bespoke personal banking offering for financial advisers. Investec Australia currently works with around 250 independent financial advice firms nationally, managing approximately $750 million of their client funds. To […]

continue reading

Quantitative easing creates investment ‘Waterworld’

From

Visiting global strategist Michael Power from Investec Asset Management suggests new safe havens for stranded investors The enormous injections of liquidity via quantitative easing (QE) has created a financial ‘Waterworld’, flooding the global monetary system and significantly altering the investment landscape, according to Investec Asset Management Global Strategist, Dr Michael Power. Dr Power, who is […]

continue reading

Investec Australia Property Fund to list on JSE

From

Investec Property Australia, a division of Investec Bank (Australia) Limited, is pleased to announce its intention to list Investec Australia Property Fund (“IAPF”) on the Johannesburg Stock Exchange (“JSE”). The Fund, which is expected to list on 24 October 2013, will be listed under the Real Estate Holdings and Development sector. Sam Leon, Non-Executive Director […]

continue reading