The team, led by David Yovichic, is one of the market’s most experienced and highly-regarded service providers, offering sales, research, trading and corporate finance expertise to an extensive list of customers and corporate clients.
Investec regards the investment company sector as a long-term growth area of the market and is pleased to offer the team a platform from which it can maintain its market-leading position, strengthening and enhancing the existing client base.
The announcement follows Investec’s strong performance across the board in the 2019 Extel Survey, a closely-watched set of industry rankings. Investec achieved several outright wins in the UK small and mid-cap (SMID) category, including top technology research team, top insurance individual researcher and eight top three positions in individual sector rankings.
Andrew Pinder, Head of Investment Banking at Investec, commented:
“We have a leading equities business in the UK and now is the right time to invest given our strong position relative to our competitors. We are delighted that one of the UK’s pre-eminent investment companies teams will be joining Investec and believe that we have all the attributes necessary to take full advantage of the opportunities opening up in this burgeoning part of the market.”
David Yovichic, Head of Investment Companies at Investec, commented:
“We have long been admirers of Investec, recognisingits leading market position and commitment to growth. This is an exciting move for the team, and we look forward to building upon our numerous successes to date and helping Investec achieve its ambitions.”
For further information please contact:
Lansons - Tom Baldock 07860 101 715 - tombaldock@lansons.com
Investec Corporate and Investment Banking Investec CIB is an international corporate and investment bank working with growth-orientated companies, institutions and private equity funds. Our people set us apart – empowered, straightforward and invested in our clients’ long-term success. We provide capital solutions, advice and ideas, along with bespoke investment solutions and access to capital markets. Founded in 1974, The Investec Group has grown successfully through its client focussed approach and its ability to serve diverse and evolving financial needs.
This press release is issued on behalf of Investec Bank plc. Registered address: 30 Gresham Street, London, EC2V 7QP. (Reg No. 489604). Investec Corporate and Investment Banking is a brand name of Investec Bank plc, which is a member of the London Stock Exchange.Investec Bank plc (Reg. no. 489604) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.