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Ninety One assets under management down 1.9% in second quarter

Tue, 18th Oct 2022 07:44

Ninety One PLC and Ltd - London and Cape Town-based money manager - Assets under management slip to GBP132.3 billion as at September 30, down 1.9% from GBP134.9 billion at June 30. On an annual basis, AuM declines by 5.5% from GBP140.0 billion. On a half-year basis, it is down by 8.1% from GBP143.9 billion as at March 31. Ninety One will publish its interim financial results on November 15.

Stock price close in London: 186.60 pence

12-month change: down 28%

Stock price close in Johannesburg: ZAR38.74

12-month change: down 24%

By Artwell Dlamini; artwelldlamini@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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