Hendrik du Toit is remarkably modest about his achievements over the past 13 years. In 1991 he set up the asset management division of Investec in South Africa, with financial commitments of just $40m. Between the UK and South Africa, there is now almost £20bn under management.
The UK business was born when, five years ago, du Toit came to the UK on behalfof Investec and acquired Guinness Flight Hambro. Despite fierce competition froma tough UK market, he subsequently built up another successful asset managementbusiness. He now describes Investec as a super boutique'. Achievements have beenplentiful. For example, in its retail Oeic, total assets are now more than £1bn,up from £310m in August 1998, and in terms of industry rankings, basedon funds under management, it has ascended to 56th place of 122 groups, up form76 of 155 in July 1998 (all other achievements doc...
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