Investec Asset Management on Thursday reported record assets under management of £58.6 billion ($95 billion) as of March 31, a 26.7% gain from a year earlier and up 18.8% since Sept. 30.
The company reports results on a semiannual basis only.
Net inflows at £7.4 billion for the year also were the best in the firm’s history. Net inflows as of Sept. 30 were £1.9 billion. Nearly all of the annual flows — £7.3 billion — came from clients outside the firm’s historical base in Southern Africa. The firm was founded in 1991 in South Africa.
