Investec plans to spin off asset management unit on March 13, 2020

LONDON (Reuters) - Anglo-South African Investec Group said on Friday the demerger of its asset management arm is set for March 13, when it will be renamed Ninety One.Investec plans to list its fund business in London and Johannesburg, as part of a restructuring of the financial services company announced last year.The demerger remains subject to the approval of Investec Plc and Investec Ltd shareholders.Investec, which manages more than 119 billion pounds ($154 billion) in assets, said the..