Investec walked away with four accolades at the annual Africa Structured Products & Alternative Investments Conference in Cape Town.
The banking and asset management group beat off a number of major local and global houses in landing the Best Distributor (South Africa and Offshore), Best Performance and Deal of the Year – the Offshore Protected Share – Asia Pacific Basket.
Brian McMillan from Investec Products said the awards are an affirmation of the work Investec has done to establish structured products as an indispensable tool on realising specific investment strategies.
“Investors are increasingly seeing the benefit of structured products in providing certainty of outcomes – with attractive pay-out profiles and protection – in uncertain, volatile times. The success of our numerous structures over the years attests to this.”
Investment analyst Japie Lubbe said: “We see considerable scope for the development of the structured product space, as part of a balanced portfolio. This includes retirement vehicles like retirement annuities, preservation funds and living annuities. We have already done a great deal of work in tailoring investments to comply with Regulation 28 of the Pension Fund Act and we see this as a growth area in the future.”
Investec has launched 21 structured products in the past 12 months, six of which were offshore and 15 were rand-denominated local investments.
– African News Agency (ANA)