Investec plans launch of two fixed interest funds

Investec is to add two bond funds, a sterling high yield portfolio and an international bond fund to its onshore range when the group Oeics its funds later this year. Details of the two fund launches are not yet finalised, although Investec has said it intends to bring them to the market by the fourth quarter. Investec has also exclusively revealed to Investment Week which members of its newly reconstructed and highly-rated fixed interest team, which includes two AAA-rated fund managers recently recruited from Invesco, will manage which of its off and onshore portfolios. Michae...