Ninety One assets under management slide in fourth quarter
Ninety One
145.30p
16:40 23/12/24
-1.82%
-2.70p
Investment manager Ninety One updated the market on its fourth quarter on Tuesday, with assets under management sliding year-on-year.
Financial Services
17,454.34
17:09 23/12/24
-0.69%
-121.24
FTSE 250
20,419.09
17:09 23/12/24
n/a
n/a
FTSE 350
4,471.06
17:09 23/12/24
n/a
n/a
FTSE All-Share
4,428.73
16:44 23/12/24
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The FTSE 250 company said assets under management as at 31 March totalled £129.3bn.
That was down from £143.9bn a year earlier, and £132.4bn on 31 December.
“Ninety One will publish its results for the financial year ended 31 March on 17 May,” the board confirmed in its statement.
At 1126 BST, shares in Ninety One Group were down 1.24% at 183.9p.
Reporting by Josh White for Sharecast.com.