
The Editor's Desk: Digging inside the Investec banking/AM split
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Investec is splitting up into a London-based asset management business and a South Africa-based bank. It's an unusual move in a sector that prizes size and synergy, yet the share price has reacted favourably to the news. In this episode, Alec Hogg and Felicity Duncan dig into the Investec announcement and ask why it happened and why the markets seem to like it. They also discuss Apple's new product line and look at why South Africa is falling behind the rest of Africa in the investment race.