Ninety One (GB:N91) has released an update.
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Ninety One reported a modest 1% increase in assets under management to £127.4 billion, despite net outflows of £5.3 billion, during the six months ending September 2024. They secured a major agreement with Sanlam, South Africa’s largest non-bank financial services group, enhancing their market leadership with preferred access to Sanlam’s distribution network. Ninety One remains optimistic about future growth, driven by improved investment returns and emerging market opportunities.
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