Investec for Institutions

I am the Head of Equities at Investec. The equities cluster provides execution, advisory, financing and risk management solutions to the institutional and corporate client base. I have 21 years’ experience in financial markets across equity sales, trading and as a hedge fund manager. I joined Investec in 2016 as Head of Institutional Equities. Prior to joining Investec, I was a director and Head of South African Equity Sales at Merrill Lynch where I ran the number one ranked sales team. I also briefly ran a market neutral hedge fund at Fairtree Capital.

My role as Head of Institutional Coverage, is aimed at placing Equities/Derivatives, FX, Bonds, Rates and Multi-Asset Structuring capabilities in front of SA Pension Funds, Life Companies, Asset Managers and Hedge Funds. Hired by Investec Corporate and Investment Bank in 2005, I have headed up Listed Equity Derivatives/Equity Finance and subsequently moved into Institutional Equity Derivatives Sales, based out of Cape Town in 2012.

I previously worked in London for Natwest Markets and Merrill Lynch International (in Credit and Debt Derivatives). I was then hired by Society Generale SA in Johannesburg into a Listed Equity Warrants Sales role, distributing into Retail Stockbrokers.

I work in Equity Derivatives at Investec. I’ve been at Investec since 2013, having started as an Equity Derivatives Trader. I have 17 years of experience spread across the corporate and private sectors, from investment banking, trading, and sales to portfolio management. I was previously the Head of Equity Derivatives for UBS South Africa.

I head up the Balance Sheet Management ZAR funding team. 

We offer money market products such as call, fixed deposits, NCDs, FRNs, and prime linked notes to asset managers, insurance companies and the Government Sector.
 

Since 2010, I have had the privilege of helping Investec and its clients navigate the complexities of the commodities landscape. Previously, I spent 10 years in London trading crude oil options for British Petroleum and structuring commodity investment products for Barclays Capital.

My role entails heading up our Institutional Sales and Structuring team, focusing on Non-Bank Financial Institutions (i.e. Asset Managers managing collective investment schemes and Investment divisions of Insurance Companies).

We structure and deliver investment products and hedging solutions for institutions seeking exposure to Fixed Income, Credit, Foreign Exchange, and Equities. Such exposure leverages our origination capabilities as a bank and suitable platforms such that products and solutions are appropriately structured for Investor needs. Prior to my current role, I served as a co-portfolio manager of a credit Investment franchise, which involved structuring, trading and risk management of a Global diversified credit portfolio.

I have been a member of Investec Financial Products since 2010 and have been involved in fixed income, credit and rate structuring for institutional investors since then. A more recent focus is to lead the Multi-Asset Sales and Structuring initiative, which is a collaboration across various teams to deliver structured solutions across the different asset classes to an institutional investor base. Previously I was with Standard Bank’s interest rate and forex derivative businesses where I was offering hedging solutions to corporate clients. As a consequence, I have more than 25 years of experience in risk management, structuring and sales in the financial markets.

I head up FX and Interest Rate Structuring, known as Treasury Risk Solutions at Investec. With a diverse background in financial markets, foreign exchange sales and derivative structuring since 2014. I bring extensive knowledge and experience to navigate the fast-paced and ever-changing banking sector.

As a Charter holder since 2018, I have completed all requirements for the Chartered Financial Analyst (CFA) designation. I am dedicated to delivering tailored solutions and contributing to Investec's success.

My role entails leading the Interest Rate Derivatives trading team at Investec, overseeing a comprehensive portfolio including government bonds, inflation bonds, repos, bond futures, local swaps/fra, options, basis, forwards, and G10 rates.

I previously spent 10 years at HSBC, serving as Head of Fixed Income Trading. With almost 15 years of expertise in navigating complex markets and driving trading strategies, I excel in applying specialist knowledge to deliver results-driven solutions.

I am a rated Technical Analyst and supply regular updates on relevant local and offshore instruments as part of our broad Fixed Income product offering. I joined Investec in 2007, where I’ve been involved in the successful growth of the Bond Franchise from both a Market Making and Fixed Income sales perspective.

I was Chairman of the Primary Dealer Association over the period which involved the launch of the 1st Electronic Trading Platform in the local market and still take an active role in the continuous evolution of the Bond Market in South Africa.

My career began at Nedbank in 1991 and I have traded various Financial Products over the past 32 years, including Bonds, Bond Futures, Bond Repo’s, Interest Rate Derivatives, Money market products and FX. I set up the bond trading desks at both Nedbank and HSBC South Africa.

Tertia Jacobs joined Investec Bank in 2002, serving as the fixed income economist and strategist within Investec Corporate and Investment Bank (ICIB). Her role encompasses the forecasting, analysis, and presentation of macroeconomic trends, economic policies, and developments within the fixed income market.

With nearly 30 years of experience in financial markets, Tertia focuses on the intricate dynamics of fiscal and monetary policy, interest rates, and foreign exchange. Her extensive background includes key positions at Rand Merchant Bank Investment Services, Société Générale Frankel Pollak, ABSA Bank, and Standard Bank, where she honed her expertise and contributed to strategic financial insights.

Tertia holds honours degrees in Business Economics and Economics from the University of Johannesburg and the University of the Witwatersrand.