Investec AM rebrand Ninety One to list on LSE

Investec Asset Management will list on the London Stock Exchange and the South African JSE under its post-demerger brand Ninety One, which is to embrace new "flexibility" measures in a departure from its current policies. In a statement this morning the firm confirmed it would take a primary listing on the LSE and a secondary inward listing on the Johannesburg Stock Exchange "to ensure South African resident shareholders are treated equally with non-resident shareholders and can benefit from the expected future growth in Ninety One". It also announced new "benefits" to the demerger from...