Ninety One management set to increase stake after Investec demerger
Market volatility 'creating an opportunity for further investment'
Founder and CEO of Ninety One Hendrik du Toit
It was "imperative" that Ninety One, the asset management firm being spun out of Investec, completed its IPO on time "irrespective of market conditions", according to founder and CEO Hendrik du Toit.
Ninety One listed on the London and Johannesburg stock exchanges on Monday (16 March) amid coronavirus-related market turmoil. While "a bit of a market crash was not part of the plan", du Toit said...
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