Investec looks to get them young

Investec is going after a slightly younger client base

Investec’s private bank is targeting a new client base in its domestic market ? it is going after schools.

Investec Private Bank South Africa’s customers are professionals and those with a net asset value of around R5 million ? equivalent in relation to cost of living and house prices to between £1 million and £2 million in the UK or $1.8 million to $3.6 million in the US, according to Michael Barr, head of Investec Private Bank in Western Cape.