Ninety One reverses outflows as profits rise a third

£5bn net inflows

James Baxter-Derrington
clock • 2 min read

Ninety One has seen record earnings over the past year, raising profits by a third as the asset manager reversed its net outflows from the previous reporting period.

According to the firm's full year results to 31 March 2022, the business brought in £5bn of net inflows, compared with a loss of £0.2bn the year before. Alternatives saw the biggest growth, with assets under management up 15% on the year, but still remains the smallest asset class at £4bn, with multi-asset the next step up at £25bn also seeing double digit growth (12%). River & Mercantile's Dan Hanbury to return to Ninety One Fixed income grew 8% to £37bn, while equities increased by 9%, up to £68bn. Despite "ongoing travel restrictions" slowing the implementation of Ninety One'...

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 Companies

EDF to acquire EV charging firm Pod Point in latest LSE delisting

EDF to acquire EV charging firm Pod Point in latest LSE delisting

Largest retail EV charging firm in the UK

Patrick Brusnahan
clock 12 June 2025 • 1 min read
Liontrust outsources UK trading team to BNY

Liontrust outsources UK trading team to BNY

Bolsters trading beyond UK hours

Sorin Dojan
clock 09 June 2025 • 1 min read
Firms with £500bn in AUM pledge to remove barriers for underrepresented groups in DE&I statement

Firms with £500bn in AUM pledge to remove barriers for underrepresented groups in DE&I statement

UK government seeking views on pay gaps

Patrick Brusnahan
clock 06 June 2025 • 1 min read
Trustpilot