Ninety One: Asset manager hopeful of ending years of outflows Markets Ninety One was hopeful of ending years of fund outflows after the FTSE 250 firm recorded a positive second-half performance. The asset manager, which is based in London and Johannesburg, has recorded only a single year of net inflows since its 2020 flotation after clients pulled a combined £25bn from the firm. But on Wednesday, [...]
Ninety One: Profit sags as investors continue to pull funds Investing Investors pulled £5.3bn from asset manager Ninety One over the last six months, although a strong investment performance helped offset outflows. In the group’s half-year results, the Anglo-South African financial firm revealed that while outflows had hit growth, overall assets under management had risen one per cent to £127.4bn in the six months to 30 [...]
Top shareholder says Anglo should close ‘unfeasible’ Yorkshire mine Mining One of Anglo America's top investors has called for the London-listed miner to mothball its flagship fertiliser mine in North Yorkshire because it won't provide a good enough return on investment.
Ninety One cuts dividend as assets fall and outflows continue June 5, 2024 "Challenging" market conditions have hurt the asset manager Ninety One.