Ninety One AuM growth continues 15 months after Investec demerger

Asset manager Ninety One updated the market on its assets under management on Friday, reporting that as at 30 June, they totalled £139bn.

The FTSE 250 company said that was an improvement from the £118bn it reported a year earlier, and £130.9bn on 31 March.

Ninety One was renamed from Investec Asset Management in early 2020, having been demerged from Investec in March of that year.

“Ninety One is an independent investment manager, founded in South Africa in 1991,” the board described in a statement.

“It operates and invests globally and offers a range of active strategies to its global client base.

“Ninety One is listed on the London and Johannesburg Stock Exchanges.”

At 0806 BST, shares in Ninety One Group were up 1.05% at 232p.