Ninety One Share News (N91)

LONDON BROKER RATINGS: BofA cuts Ashmore; JPMorgan lifts Fresnillo

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

Ninety One assets under management slip year-on-year

(Sharecast News) - Global investment manager Ninety One said in an update on Tuesday that its assets under management amounted to £126bn as of 31 March.

IN BRIEF: Ninety One assets under management up in March from December

Ninety One PLC and Ltd - London and Cape Town-based money manager - Assets under management decline 2.6% to GBP126.0 billion on March 31 - the end of Ninety One's financial fourth quarter - compared to GBP129.3 billion in the same period in 2023. But AuM rises 1.4% from GBP124.2 billion at the end of the third quarter on December 31. Ninety One will publish its annual financial results on June 5.

London close: Stocks finish higher as US inflation tops forecasts

(Sharecast News) - London's stock markets closed positively on Wednesday, as investors processed a higher-than-anticipated inflation report from the US, while Tesco paced the gains following favourable results.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Investment vehicle of executives buys more Ninety One stock

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 31,887 shares in Ninety One PLC at 165.0 each, worth GBP52,613, on Monday. As at Tuesday last week, Forty Two Point Two held 28% shares in Ninety One. Forty Two Point Two is the wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

IN BRIEF: Forty Two Point Two buys more Ninety One shares

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 124,644 shares in Ninety One PLC at 165.0 each, worth GBP205,662, on Thursday and Friday. As at Tuesday last week, Forty Two Point Two held 28% shares in Ninety One. Forty Two Point Two is the wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

IN BRIEF: Forty Two Point Two buys further Ninety One shares

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 230,860 shares in Ninety One PLC at an average 163.0 pence each, worth GBP376,301, on Thursday and Friday. As at February 23, Forty Two Point Two held 28% shares in Ninety One. Forty Two Point Two is the wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

IN BRIEF: Forty Two Point Two holding in Ninety One reaches 28%

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 410,787 shares in Ninety One PLC at an average 165.0 pence each, worth GBP678,059, from Monday to Wednesday. As at Friday last week, Forty Two Point Two held 28% shares in Ninety One. Forty Two Point Two is the wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

DIRECTOR DEALINGS: Coca-Cola HBC directors sell GBP800,000 in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

London close: Stocks little changed as investors look to US data

(Sharecast News) - London's equity markets closed with a subdued performance on Tuesday, after a mixed but largely flat session trend as investors exercised caution ahead of US inflation figures later in the week.

IN BRIEF: Forty Two Point Two raises holding in Ninety One

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 120,391 shares in Ninety One PLC at 169.00 pence each, worth GBP203,460, on Friday. As at Tuesday last week, Forty Two Point Two held 11% shares in Ninety One. Forty Two Point Two is the wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

IN BRIEF: Vehicle of executives buys 6 million more Ninety One shares

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 6.0 million shares in Ninety One PLC at an average 172.00 pence, worth GBP10.3 million, on Thursday. Over around six months, this investment vehicle has bought additional 4.83 million shares worth GBP8.21 million. Forty Two Point Two is wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

IN BRIEF: Forty Two Point Two buys shares for around GBP46,000

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 26,819 shares in Ninety One PLC at 176.00 pence each, worth GBP46,128, on Friday. Over around six months, this investment vehicle has bought additional 4.8 million shares worth GBP8.16 million. Forty Two Point Two is wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

IN BRIEF: Vehicle of executives buys more Ninety One shares

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 848,148 shares in Ninety One PLC at GBP176.00 each, worth GBP1.5 million, on Tuesday. Over around six months, this investment vehicle has bought additional 3.96 million shares worth GBP6.66 million. Forty Two Point Two is wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.