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Investec earnings steady as Koseff prepares exit as CEO

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Investment bank and asset manager, Investec released its full-year results today revealing that funds managed by its asset management business has topped the 100 billion British pound mark for the first time. Operating profit is up 5.6% and the company's board has proposed a final dividend of 13.5 pence per ordinary share, equating to a full year dividend of 24 pence, up from 23 pence last year. Stephen Koseff, CEO of Investec joined Business Day TV for a closer look at the numbers and what it says about the future of the company as he prepares to exit as CEO.
17 May 2018 1PM English South Africa Business · Business News

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