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Ninety One PLC and Ltd - London and Cape Town-based money manager - Assets under management rises 8.6% to £139.7 billion as at June 30 from £128.6 billion a year earlier. AuM is 6.8% higher from £130.8 billion as at March 31, 2025. Says the AuM includes £1.9 billion from the transfer of Sanlam Investments UK Ltd’s active asset management business to Ninety One UK Ltd. Back in November, Ninety One and Sanlam Ltd announced they had reached an agreement for Sanlam to appoint Ninety One as its primary active investment manager. Under the terms of the agreement, Ninety One would acquire all the issued shares in Sanlam Investment Management Pty Ltd, an active investment management business wholly owned by Sanlam Investment Holdings Ltd, in which the Sanlam holds an effective 65.6% interest. Expects the South African transaction to complete later this financial year. Stock price in London: 189.40 pence 12-month change: up 8.4% Ltd stock price in Johannesburg: R 43.68 12-month change: up 8.5% PLC stock price in Johannesburg: R 45.19 12-month change: up 10% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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