Investec’s asset management division to drop zebra as it rebrands
CAPE TOWN – Investors in Investec unit trust funds may feel a pang at bidding farewell to the group’s distinctive zebra branding in the next few months, as the asset management division detaches from the parent group and rebrands to Ninety One.
Chief executive Hendrik du Toit said the investment team would remain and there would be no changes to its active management approach.
Du Toit told journalists from Investec Asset Management’s London headquarters in Joburg and Cape Town that the company would only change its name and positioning.
He said its purpose would, however, remain the same: “Active investing for a better tomorrow.”
He believed that the new company would thrive in an environment that favoured smaller, highly focused independent operators over corporate giants that grow laterally.
Source: iol.co.za
