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Investec wealth arm grows profit to £50.7m in 'encouraging' year

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The bank's wealth arm grew its adjusted operating profit by 30.9% to £50.7 million, according to its final results for the 12 months ended 31 March, versus the £38.7 million posted last year. Investec said it had benefited from higher average funds under management.  It reported to investors net inflows…

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