Investec AM opens Singapore office in Asia push

Investec Asset Management has opened a Singapore office and installed Tobie van Heerden to cover institutional sales for Southeast Asia and Korea. The move happened in the past few weeks and comes as the $100 billion asset management arm of South Africa's Investec PLC looks to sharpen its focus on the region. Establishing an investment management presence in Asia focused on emerging market debt is something it is deliberating now, confirms Mark Samuelson, managing director of Au…