Investec PLC

Investec is an international specialist bank and asset manager that provides a range of financial products and services in three principal markets, U.K. and Europe, South Africa and Asia/Australia as well as certain other countries. Co. has three main areas of activity: Asset Management, which provides investment capabilities through active segregated mandates or mutual funds to clients; Wealth & Investment, which provides investments and savings, pensions and retirement, and financial planning; and Specialist Banking, which provides services for both personal and business needs right across Investment, Corporate and Institutional Banking, and Private Banking activities.
  • Ticker11RW
  • ISINGB00B17BBQ50
  • ExchangeJohannesburg Stock Exchange
  • SectorFinancial Services
  • CountrySouth Africa

Analysts

Investec plc: Update to credit analysis

Our credit view of Investec plc, reflecting the evolving creditworthiness of the holding company following the announced pinoff of Investec Asset Management Limited.

Investec plc: Stronger bank business offsets negative impact of Investec Asset Management demerger

Investec plc's improved credit strength will likely remain stable as a strong performance from its banking arm offsets a loss of creditor protection due to the demerger of its funds unit.

Investec plc: Update to credit analysis following affirmation of ratings

Our credit view of Investec plc, reflecting the evolving creditworthiness of the holding company following the announced IAM spin-off.

Moody's upgrades the senior unsecured MTN and deposit ratings of Investec Bank plc to (P)A1 and A1

Rating Action: Moody's upgrades the senior unsecured MTN and deposit ratings of Investec Bank plc to A1 and A1. Global Credit Research- 01 Feb 2019. Affirms the Baa1 senior unsecured rating of holding company Investec plc.

Investec plc: Update to credit analysis

Our credit view of Investec plc, reflecting the strengths and weaknesses of its banking franchise and asset management business.

Harry Botha ...
  • Warwick Bam

Investec | ESG analysis

Please find our ESG analysis and proxy voting recommendation for Investec in this note, ahead the AGM on the 8th of August 2019.

Investec | Investec 2.0

Investec's announcement to de-merge and separately list Investec Asset Management (IAM) can unlock value for shareholders. We believe the decision is a turning point for the Group's prospects. In our view, the separation will force Investec Group (excluding IAM) to improve its profitability and payout ratio.

Investec | Proxy voting and governance recommendation

Please find our governance analysis and proxy voting recommendation for Investec PLC/Ltd in this note, ahead the AGM on the 8th of August 2018.

David Talpert

Investec | Operationally sound

Investec's FY ‘18f pre-close guidance highlighted positive operational trends, with GBP4.2bn net flows in Asset Management and 10% neutral currency core advances growth. While overall operating profit guidance (flat YoY) was disappointing, accelerated write-offs in the UK legacy portfolio (c.5% drag vs. our forecast) drove this outcome. In our view, the accelerated write-offs do not have a material impact on the Group valuation. Therefore, the pre-close guidance was positive overall. We believe the c.8% decline in the share price since the update represents a buying opportunity.

David Talpert

Avior Financials | SNT | OML | LBH | MMI | SARB | ASISA | INP | CML | TCP | JSE

In this weeks Avior Financials note we analyse: • OML: The results of Old Mutual Plc's debt offer and the implications for distributable capital. • LBH: Liberty Holding's nine-month operational update and investor conference call. • MMI: MMI Holding's Q1'18 operational update and investor conference call. • The South African Reserve Banks' recently released directive on the implementation of IFRS 9. • • The ASISA Q3'17 asset management fund flows. • INP: Investec's H1'18 results (report summary). • CML: CML's FY'17 results (report summary). • JSE: The JSE's trading statistics to 24 Nov '17. ...

1 director sold

A director at Investec sold 100,000 shares at 512p and the significance rating of the trade was 95/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board members a...

INVESTEC PLC. receives two new qualifications and slightly improves to Neutral

The independent financial analyst theScreener just changed two ratings for the qualification of INVESTEC PLC. (GB), active in the Investment Services industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 3 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date September 10, 2019, the closing price was GBp 462.80 and its expected value was estimated at GBp 443.94.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

The Council of Europe Development Bank - Strategy, SWOT and Corporate Finance Report

The Council of Europe Development Bank - Strategy, SWOT and Corporate Finance Report Summary The Council of Europe Development Bank - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights The Council of Europe Development Bank (CEB) is a multilateral development bank, which offers project financing services. It offers loans and guarantees to local and regional authorit...

MarketLine Department

Banco de Sabadell SA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Banco de Sabadell SA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Banco de Sabadell SA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage...

Expert Corporate Governance Service (ECGS)

Investec Plc, 08 August 2019

The Company operates a dual listed company structure. Standard UK shareholder rights apply to Investec plc shareholders. Investec Ltd is incorporated and listed in South Africa. A Special Voting Share enables the shareholders of Investec plc to vote on the resolutions proposed at meetings of Investec Ltd, and has the equivalent number of votes as the number of ordinary shares in issue of Investec Ltd as at the meeting date.  For this reason, we have provided voting recommendations for those resolutions proposed to Investec Plc shareholders and Investec Ltd shareholders. Leadership The Compan...

Expert Corporate Governance Service (ECGS)

Investec PLC - Proxy report - 08/08/2018

The Company operates a dual listed company structure. Standard UK shareholder rights apply to Investec plc shareholders. Investec Ltd is incorporated and listed in South Africa. A Special Voting Share enables the shareholders of Investec plc to vote on the resolutions proposed at meetings of Investec Ltd, and has the equivalent number of votes as the number of ordinary shares in issue of Investec Ltd as at the meeting date. For this reason, we have provided voting recommendations for those resolutions proposed to Investec Plc shareholders and Investec Ltd shareholders. Leadership Changes As ...

Expert Corporate Governance Service (ECGS)

Etude l' AG du 10/08/2017

The Company operates a dual listed company structure. Standard UK shareholder rights apply to Investec plc shareholders. Investec Ltd is incorporated and listed in South Africa. A Special Voting Share enables the shareholders of Investec plc to vote on the resolutions proposed at meetings of Investec Ltd, and has the equivalent number of votes as the number of ordinary shares in issue of Investec Ltd as at the meeting date.  For this reason, we have provided voting recommendations for those resolutions proposed to Investec Plc shareholders and Investec Ltd shareholders. Items 1 - 14: Re-elect ...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

EU and UK Financials remain actionable Our outlook on global equities (both the MSCI ACWI and ACWI ex-US) remains positive and we continue to expect higher equity prices going forward. Below we highlight several new developments which give us additional confidence in our outlook, including but not limited to continued price and RS improvements for UK/European Financials. • Actionable Sector: Financials. Today's stock recommendations go beyond UK and European Financials, however these regions are the primary focus due to a plethora of attractive setups. In today's report we reiterate our 3/21...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch