Investec launches boutique subsidiary to target wealth managers

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Investec has launched a boutique subsidiary to increase its structured products' penetration among the UK's high-end adviser community. The first two plans to emerge from the business are similar to Investec's retail offerings but are tailored to a slightly more sophisticated and wealthy clientele.

"When we established the business in May 2008 the primary focus was always to build a retail mass market channel... and when the timing was right to build a subsidiary to complement the retail busines

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