WATCH: Client acquisition and strong net inflows boost Investec
Investec has posted a 7.8% rise in annual pre-provision adjusted operating profit, pushing the figure to over ยฃ1 billion for the first time in the company's history. Revenue meanwhile ticked up 5%, supported by client acquisition and entrenchment strategies and strong net inflows in discretionary and annuity funds under management. Business Day TV unpacked the performance with Investec's Group Finance Director, Nishlan Samujh.