In 2005 Investec received an award for Best Black Economic Empowerment Financier. Investec is an international, specialist-banking group that provides a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia, as well as certain other geographies. Investec is organized as a network comprising of business divisions, including investment banking, treasury, specialized finance, private client activities, asset management and property activities. Investec s products include corporate bonds, mutual funds and municipal bonds. The company was founded in 1974 in South Africa and its U.S. subsidiary is based in New York City.