Commodity push prompts Investec Energy fund move

Domenico Ferrini, Investec Asset Management investment director, says while the firm currently is only a ‘small fish’ compared to the likes of BlackRock – it has just pushed through the $5bn barrier of commodity assets under management. Earlier this afternoon Investec stripped control of its Global Energy fund from veteran energy specialist Tim Guinness. New recruits to the Investec energy team, former Goldman Sachs energy analysts Mark Lacey and Jonathan Waghorn, will assume responsibility effective immediately (subject to regulatory approval). “The decision to move the (global energy) ...