Investec

Tesco, the oil price, and the 'Draghi put'

Figures released this morning by the Office for National Statistics showed UK CPI inflation fell to a surprise 0.5% in December, the lowest level since May 2000. We round up the reaction from leading investors and economists.

Investec Wealth senior strategist Dawn Kendall is among three new hires at TwentyFour Asset Management, Investment Week can reveal.

Former Wealth Management Association (WMA) chief executive Tim May has joined Investec Wealth & Investment as a non-executive director.

Investec is understood to be the latest financial services group considering a bid for Coutts International.

The private equity firms eyeing wrap provider Transact have withdrawn their approaches, Investment Week understands.

Investec Wealth & Investment has poached three investment directors from Barclays Wealth for its Bournemouth office.

The departure of star managers may have hidden costs for investors "stampeding" for the exit, a wealth manager has warned.

Innovative thinking

Investec Wealth and Investment has hired three members of UBS Wealth Management's senior team as it expands its London office.