Investec hits all-time high AUM after record inflows

Investec Asset Management's AUM has risen to an all-time high of £41bn after a record £3.7bn net inflow in the nine months to end December 2009.

The firm says its assets have grown 43% since the March market lows last year, following strong interest across global equities, commodities and fixed income.

Investec says it has noted increased activity across all its markets, with particularly robust flows originating from Africa, Europe and the Americas.

It has also benefited from strong investment performance, with over 95% of strategies outperforming their respective benchmarks since inception.

The firm says 2010 is also shaping to be a good year, as demand increasing for its specialist credit, emerging markets debt and energy strategies.

"Investec Asset Management has emerged from the credit crisis stronger than ever, positioned firmly on the front foot with record net inflows and an effective multi-specialist investment model," CEO Hendrik du Toit says.

"We are well positioned to benefit from the strategic investment trends that we believe will unfold in 2010 and longer term.

"This success is based on our capacity to patiently create and build successful investment capabilities, our strong organisational culture, the experience and stability of our team."