It has included Aberdeen Asset Management, First State Investments and Investec Asset Management to its open-architecture offering. But Cerulli sees difficulties with the model.
Tag : investec asset management
The South African asset manager is preparing to launch an A-share fund and sees a big opportunity to work with Chinese insurers. It is also eyeing expansion in Singapore.
Once the firm receives approval from the Monetary Authority of Singapore, it will begin retail fund distribution in the Lion City and elsewhere in Southeast Asia in 2014.
Investec’s founder Hendrik du Toit says investments in Africa require strong due diligence and a long-term outlook if they are to capture the continent’s growth.
The firm relocates Tobie van Heerden in a formalisation of its institutional coverage and is mulling whether to base investment staff in the region.
Investec Asset Management’s new head of Asia institutional business, Tobie van Heerden, is mandated to develop relationships with top 30 asset owners in Asia ex-Japan.
