Cash GenerationNinety One converts earnings into cash efficiently, with a strong operating cash flow to net income ratio and substantive free cash flow growth. Durable cash generation supports dividends, buybacks, reinvestment in strategies and buffers the business through market cycles, enhancing long-term resilience.
Balance Sheet StrengthThe firm’s low leverage and solid cash position reduce bankruptcy and refinancing risk and provide strategic optionality. Conservative balance sheet metrics combined with effective ROE mean management can fund acquisitions, absorb outflows, or invest in growth without compromising financial stability over the medium term.
AUM Growth And Strategic AcquisitionMaterial net inflows and the Sanlam U.K. transaction meaningfully grew AUM, strengthening fee base and scale. Higher AUM increases revenue potential and distribution reach, supports cross-selling, and improves operating leverage, making organic and acquisition-driven expansion a durable contributor to earnings power.