Almost all firms and individuals carrying out financial services activities in the UK have to be authorised or registered by us. This firm is not authorised or registered by us but has been targeting people in the UK, claiming to be an authorised firm.

This is what we call a 'clone firm'; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the 'firm reference number' (FRN) we have given the authorised firm or other details.

You can find out more about this scam tactic and how to protect yourself from clone firms.

Clone firm details

Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:

Investec Fund Managers Limited (clone of FCA authorised firm)

Address: 504 5th Avenue, New York, United States, NY 10110

Telephone: 44 020 328 17999, 1 005 233 41903

Email: info@investecfundmanagement.co.uk,

stuart.clarke@investecfundmanagement.com,

chris.wright@investecfundmanagement.com

Be aware that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers or physical addresses.

FCA authorised firm details

This FCA authorised firm that fraudsters are claiming to work for has no association with the ‘clone firm’. It is authorised to offer, promote or sell services or products in the UK and its correct details are:

Firm Name: Ninety One Fund Managers UK Limited, Ninety One UK Limited

Firm Reference Number: 145007, 122420

Address: 55 Gresham Street London, EC2V 7EL, UNITED KINGDOM

55 Gresham Street . London, EC2V 7EL, UNITED KINGDOM

Telephone: 44 02039382000, 44 02039381825

Email: ian.gartshore@ninetyone.com

Website: www.ninetyone.com, www.ninetyone.com