Manager Research
all members of our manager research team have over ten years of investment experience.
Following regulatory and shareholder approval to demerge from the Investec Group, Investec Asset Management will list independently on the Johannesburg and London stock exchanges on the 16th of March. You can read more about this in our prior commentary on the demerger here. Part of this arrangement includes the rebranding of the asset management business, the manco and the funds, which have been confirmed to go ahead this month.
The change will include the renaming of all Investec’s funds to include the new name, “Ninety One”, and dropping “Investec” from the name entirely. This will be effective from the 30th of March 2020. Investors can therefore expect the new naming convention to be reflected on their March quarter end reports.
The fund names will be changed as follows:
Old Name | New Name |
Investec Cautious Managed Fund | Ninety One Cautious Managed Fund |
Investec Diversified Income Fund | Ninety One Diversified Income Fund |
Investec Equity Fund | Ninety One Equity Fund |
Investec Gilt Fund | Ninety One Gilt Fund |
Investec Global Franchise Feeder Fund | Ninety One Global Franchise Feeder Fund |
Investec Global Multi-Asset Income Feeder Fund | Ninety One Global Multi-Asset Income Feeder Fund |
Investec Global Strategic Managed Feeder Fund | Ninety One Global Strategic Managed Feeder Fund |
Investec High Income Fund | Ninety One High Income Fund |
Investec Managed Fund | Ninety One Managed Fund |
Investec Opportunity Fund | Ninety One Opportunity Fund |
Investec Property Equity Fund | Ninety One Property Equity Fund |
Investec SA Equity Fund | Ninety One SA Equity Fund |
Investec Value Fund | Ninety One Value Fund |
Investec Worldwide Flexible Fund | Ninety One Worldwide Flexible Fund |
These name changes don’t affect our outlook on the funds in any way, although we are monitoring the broader impact of the demerger and the rebranding on the independent business going forward.
Investec Asset Management Name Change
9 Mar 2020