Ninety One Share News (N91)

TOP NEWS: Ninety One annual profit drops as risk-aversion takes toll

(Alliance News) - Ninety One PLC and Ltd said on Wednesday its annual profit declined as "unprecedented" risk-aversion hurt assets under management, prompting the money manager to reduce dividend payouts.

UK earnings, trading statements calendar - next 7 days

Ninety One assets under management slide in fourth quarter

(Sharecast News) - Investment manager Ninety One updated the market on its fourth quarter on Tuesday, with assets under management sliding year-on-year.

IN BRIEF: Ninety One assets under management declines in fourth quarter

Ninety One PLC and Ltd - London and Cape Town-based money manager - Assets under management drop by 10% to GBP129.3 billion at the end of the fourth quarter on March 31 from GBP143.9 billion a year before. On the third quarter, AUM is down 2.3% from GBP132.4 billion on December 31. Ninety One will publish results for financial 2023 on May 17.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: JPMorgan raises Auto Trader to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

IN BRIEF: Investment vehicle of executives ups stake in Ninety One

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, a company associated with Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys 25,363 shares in Ninety One PLC at GBP1.73, worth GBP43,799, on Monday and Tuesday. Last week, Forty Two Point Two bought 165,707 shares worth GBP294,606.

IN BRIEF: Vehicle of executives acquires 166,000 shares in Ninety One

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys 165,707 shares in Ninety One PLC for GBP294,606.4 in two separate transactions on Thursday and Friday last week. Last week, this associate also acquired 200,000 shares in Ninety One PLC for GBP386,250 on Monday last week. Around two weeks ago, it bought 123,490 shares worth GBP240,806.

Investec experiencing strong performance despite "complex" backdrop

(Alliance News) - Investec PLC and Ltd on Thursday hailed a "strong" performance, notwithstanding the "complex macroeconomic backdrop" in its current financial year.

IN BRIEF: Vehicle of CEO and CFO acquires more shares in Ninety One

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 200,000 shares in Ninety One PLC for GBP386,250 in two separate transactions on Monday. On Friday last week, the associate bought 123,490 shares worth GBP240,806.

IN BRIEF: Vehicle of CEO and CFO still buying shares in Ninety One

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys 123,490 shares at GBP1.95 each in Ninety One PLC, worth GBP240,805.50, on Friday last week. The associate bought 78,163 shares for GBP159,452.52 last month.

IN BRIEF: Vehicle of CEO and CFO buys acquires in Ninety One

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys 78,163 shares at GBP2.04 each in Ninety One PLC, worth GBP159,452.52, on Tuesday. Forty Two Point Two is wholly owned by the Marathon Trust.

TRADING UPDATES: Aterian gains membership; Iconic converts notes

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

IN BRIEF: Vehicle of CEO, CFO resumes buying shares in Ninety One

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys 126,013 shares at GBP1.95 each in Ninety One PLC, worth GBP245,725.35, on Thursday and Friday last week. Forty Two Point Two is wholly owned by the Marathon Trust.

IN BRIEF: Ninety One quarterly assets under management down annually

Ninety One PLC and Ltd - London and Cape Town-based money manager - Says its assets under management decline by 7.0% to GBP132.4 billion for the third quarter that ended December 31, down from GBP141.7 billion at the same time in 2021. But AUM was marginally higher from GBP132.3 billion as at September 30. The company will publish its fourth quarter AUM update on April 18.