Ninety One's full-year profits up 11% to £198.5m but sees AUM dip

Demerged from Investec in March

Jenna Brown
clock • 2 min read

Pre-tax profits at Ninety One were up 11% for the year to 31 March, standing at £198.5m, however, assets under management (AUM) dipped 7% to £103.4m, its annual results show.

Ninety One, formerly Investec Asset Management, reported net inflows of £6bn which it said was in line with the previous year. Basic earnings per share increased 11% and adjusted earnings per share increased 10%. The annual results said the business had made "meaningful progress" in positioning the firm as an independent investment manager with significant employee ownership. Employees now own more than 21% of the business, which the results said "leave [it] better aligned with clients and shareholders". It demerged from Investec, listed and rebranded in March days before the coron...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Friday Briefing: Here's how to win at the Fund Manager of the Year Awards

Friday Briefing: Here's how to win at the Fund Manager of the Year Awards

Friday Briefing

Eve Maddock-Jones
clock 23 June 2025 • 3 min read
On the night gallery: Fund Manager of the Year Awards 2025

On the night gallery: Fund Manager of the Year Awards 2025

Ceremony on 19 June

Investment Week
clock 23 June 2025 • 1 min read
Former LGIM CEO Michelle Scrimgeour recognised in King's Birthday Honours

Former LGIM CEO Michelle Scrimgeour recognised in King's Birthday Honours

The honours mark the contributions and service of people across the UK

Jonathan Stapleton
clock 16 June 2025 • 1 min read
Trustpilot