Investec Asset Management attracted net inflows of £3.1 billion in the 12 months to the end of March, taking its assets to £77.5 billion.

Inflows over the latest financial year at the asset management arm of banking group Investec were higher than the £2.6 billion in inflows recorded in the previous 12 months. Those inflows did not prevent assets under management falling from £69.8bn two years ago to £68 billion by the end of March last year, but a year on, the figure is once again on the rise.