Commenting on the news, Jonathan Wragg, UK Chief Executive of Investec Wealth & Investment said:
“The name Investec Wealth & Investment will be synonymous with the enduring values and modern methods that have allowed our business to thrive over many years. In addition the change of brand also presents us with new opportunities to grow, as part of a FTSE 100 group that is committed to developing our business. After working in association with Investec for several years, we are proud to be adopting their name.”
Steve Elliott, Global Head of Investec Wealth & Investment added:
“Offering clients a service that is out of the ordinary lies at the heart of the Investec brand and that is fundamentally what Rensburg Sheppards has always been about. With the support of our clients, our staff and Investec, I am confident our new brand will command a strong presence in the market.”
Information on Investec Wealth & Investment
Investec Wealth & Investment offers wealth management and investment services to private individuals, charities, friendly societies, trusts and professionals advising these clients. It has over 600 staff located at its 11 regional offices in Belfast, Cheltenham, Edinburgh, Glasgow, Farnham, Leeds, Liverpool, London, Manchester, Reigate and Sheffield.
The UK business has a history of investment management stretching back to 1827. It is rooted in the philosophy that the best investment advice comes from the strength and capability of our people and the quality of our research. This philosophy, together with very high levels of personal service, has underpinned strong long term growth in assets under management.
In the UK, IW&I is authorised and regulated by the Financial Services Authority (FSA).
IW&I is part of Investec, the FTSE100 specialist bank and asset manager listed on the LSE and JSE. At 31 March 2011, Investec had assets under management of £88.9 billion. In the UK, the former Rensburg Sheppards business had assets under management at the same date of £12.7 billion.
For more information on IW&I in the UK visit our new website www.investecwin.co.uk