Meet the equities team

Jonathan joined Investec in 2025 and brings over 25 years of experience in the financial services industry, having held key positions at leading firms such as Berenberg, and Kepler Capital Markets. Most recently, he served as Managing Director of UK and European Equities at Stifel, where he was instrumental in developing international client networks and increasing capital flows to Europe from US-based investors.

James joined in April 2021. Before Investec he spent eight years at Kepler Cheuvreux doing Pan European Sales. Before that he was two year each at MF Global and ABN AMRO. Prior to that he was nine years at Dresdner Kleinwort Wasserstein, the first half of which was Japan Sales.

Balaji “Bala” Jayaraman has been covering emerging markets and especially Indian markets for more than a decade. He joined Investec Securities to set up an US footprint for our Indian research product. Prior to Investec, Bala worked at Jefferies LLC as Pan Asia Generalist and India Specialist Sales for ~5years. Prior to Jefferies, Bala worked at Morgan Stanley across New York and Mumbai offices in various capacities – research analyst, cross-asset sales and equity sales for 8yrs.

He is a Chartered Accountant, Cost Accountant and a MBA from Indian School of Business, Hyderabad. He is also a CFA Charter holder from CFA Institute, USA.

Hande has 19 years of experience in the securities industry and joined Investec in 2014 as an EM equity research salesperson primarily focusing on South Africa and SSA markets. She entered the industry as an equity research analyst covering TMT, consumer, steel sectors & conglomerates and then transitioned to EM EMEA equity research sales in 2005. Hande has worked at DB’s US CEEMA and UBS’ US EM EMEA sales desks for 9 years before joining Investec. During her tenure as an equity research sales person, she covered both US-based long-only institutional equity investors and hedge funds. Hande holds an MBA degree from Cornell University and a CPA title.

Susan joined Investec in May 2014 as European Corporate Access Manager. Susan has over 20 years’ experience in both equity sales and sales trading.  She joined Investec from Northland Securities where she headed up their US small/mid cap equity sales effort in Boston. Prior to that Susan spent 18 years at Canaccord Genuity (FDBA Collins Stewart/Unterberg) where she was a Managing Director on both EU and US equity sales teams covering primarily Boston based accounts.

Luke joined Investec in August 2021 after 10 years covering US, UK and European clients at Numis from both New York and London offices. Most likely to be seen on the golf course when not at work.
 
Luke Hedley, Investec Bank plc, is a North American specialist sales trader providing additional coverage.