Investec

Former Investment Management Association (IMA) chief Richard Saunders has joined Investec Asset Management's board as a non-executive director.

Investec Asset Management has launched an offshore version of John Stopford's Global Diversified Income fund.

DEMOGRAPHICS

Investec's Alastair Mundy has moved a significant portion of his £2.5bn Cautious Managed fund into gold bullion for the first time following savage price falls for the precious metal.

Investec Asset Management has warned investors it is being targeted by fraudsters in a boiler room scam.

Investec's Alastair Mundy - the well known contrarian investor - has won an army of fans thanks to his specialist approach to investing. Here he reveals ten mistakes many investors make when picking companies to back.

Investec Asset Management CEO Hendrik du Toit, managing director of UK distribution David Aird and other senior employees are to acquire a 15% stake in the business for £180m.

Some of the largest funds in the IMA Global Emerging Markets and Asia Pacific ex Japan sectors have significantly increased exposure to Indian equities over 12 months to the end of January.

COMMODITIES

Investec Asset Management has scrapped the initial charge on its UK OEIC fund range, which includes high profile funds such as Alastair Mundy's Cautious Managed portfolio.