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 [...]
Jupiter loses another fund run by star stockpicker Investing Asset manager Jupiter has lost another fund run by star stockpicker Ben Whitmore, as the mandate for an Omnis fund has been taken away from it following Whitmore’s departure. The £573m Omnis Income and Growth fund is set to be shifted to being managed by Ninety One, after being run by Whitmore since July 2019. [...]
Top shareholder says Anglo should close ‘unfeasible’ Yorkshire mine July 28, 2024 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.
Meet the fund managers: Finding bonds in emerging markets May 27, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Victoria Harling, head of emerging market corporate debt at Ninety One.