Investec will sell 10% of AM arm in next March spin-off

On the 11.29.19 at 12:16PM


Adrien Paredes-Vanheule

The asset management business of Investec which is to be renamed Ninety One, will have a dual listing on 13 March 2020.

Anglo-South African financial group Investec on 29 November unveiled plans to sell around 10% of its AM business Ninety One through a dual listing taking place between London and Johannesburg on Friday, 13 March 2020, as part of a demerger process

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