Investec recruits former IMF director
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Investec Asset Management has appointed Lelie Lipschitz, former International Monetary Fund (IMF) Institute director, as a visiting strategist.
Based in Cape Town, Lipschitz will work with Investec’s fixed income and multi-asset teams “formulating their macroeconomic and thematic views”.
Lipschitz spent almost 40 years at the IMF Institute holding senior positions within its Asian & Pacific, African and European departments and its policy development & review department. (article continues below)
Hendrik du Toit, chief executive of Investec Asset Management, says: “We are confident that the insights he gained from many years of engaging with policy makers around the world, some of whom represented countries in crisis, will add significant benefit to our clients’ portfolios.”
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