Does it Make Sense for Investec to Spin off AM Unit?
Posted on 09/27/2018
Investec PLC had surprising news for shareholders on September 14th, as it announced plans to spin off its asset management unit. Shares in Investec jumped 10 % on the news. The asset management business will be listed on the London Stock Exchange, with a secondary listing in Johannesburg. A question looms, will Investec Asset Management […]