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

Demerged from Investec in March

Ninety One founder and CEO Hendrik du Toit
Ninety One founder and CEO Hendrik du Toit
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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...

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