Richard Cardo

Richard Cardo

Portfolio manager

I head up our single (own in-house) manager investment offering and am based at our London office. I manage various listed share segregated portfolios and unit trust funds, both global and in SA on a discretionary basis, including the Investec Global Leaders Fund. I am a member of our Long-Term Growth Equity and SA Asset Allocation investment committees. My day involves macro-economic research, stock analysis, following the market news, making investment decisions, client meetings and business pitches.


After completing my articles, I worked at UBS and JP Morgan in London for two and a half years. When I returned to SA I only wanted to work at Investec. Law provided an excellent grounding in terms of teaching diligence, thorough homework, reasoning, rationalizing, and acting with due fiduciary care for clients – all of which are paramount in my chosen career.


I completed a B.Com and LLB degrees from the University of Natal. I am an admitted Attorney of the High Court of SA, a Chartered Financial Analyst (CFA), and a Chartered MCSI, Member of the Chartered Institute for Securities & Investment (CISI).

My interests and hobbies

I’m married with two kids. My work is my passion so I’m always following the market, reading business books, and trying to discover investment opportunities. I relocated to the UK from our Cape Town office during 2021. My free time is spent hiking, running, watching football, and travelling. One of my favourite trips was to South America for four months, which was aesthetically amazing. Highlights included sailing around the Galapagos Islands, time spent in the Amazon rainforest, hiking the full Inca trail (Machu Picchu), flying over the Nazca Lines, and exploring the Colca Canyon.

What drives me

I’m extremely competitive by nature and like to be the best. Investec is a real meritocracy. Working with smart, engaging, and challenging colleagues is a constant learning curve.