Ahead of its first half results, Investec Wealth & Investment (W&I) released a trading update revealing an uptick in funds under management (FUM).
Total FUM in W&I UK and ‘other’ increased by 3.8 percent in the five months to 31 August.
FUM grew from £40.75 billion to £42.29 billion.
This update follows the news that Investec W&I’s combination with Rathbones has now completed...