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Investec sees £3.5bn inflow in wealth arm

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Investec Wealth & Investment (IW&I) increased pre-tax profit by 15.9% to £70 million over the year to 31 March 2017, while its funds under management rose by 18.1% to £32.59 billion. In its full-year results posted at Companies House, revenue in Investec’s wealth division rose to £254.8 million compared to…

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