Following its unbundling from Investec, Ninety One has released its maiden results.
The group has reported a 1% decline in annual net flows to just more than R132mn, while assets under management fell by 7%. Ninety One has pointed to market volatility as well as a weak global economy as reasons for the decline.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH: How market volatility knocked Ninety OneNinety One CEO Hendrik du Toit talks to Business Day TV about the company’s maiden results
Source: BDliveSA - 🏆 12. / 63 Read more »