Investec AM achieves record £4.7bn net inflow

Investec Asset Management posted a record £4.7bn net inflow over the year to 31 March.

The group, which has seen its assets under management climb to an all-time high of £46bn, says positive flows have been generated from all of its distribution channels.

Investec says investor demand has been strong across a number of investment strategies - including global equities, commodities and fixed income.

"Investec Asset Management's long term strategy remains unchanged and we continue to be totally focussed on managing our clients' money to the highest standard possible," Investec AM chief executive Hendrik du Toit says.

"Over the past 19 years we have grown from start up to one of the 100 largest asset managers in the world. We now have a wide global distribution footprint and seven distinct and scalable investment capabilities.

"We see the coming financial year as one where we reinforce this momentum, consolidating our position as an independent pure play asset manager. Our stable and experienced team is ready to enter the next financial year positioned firmly on the front foot."