Ninety One (GB:N91) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ninety One reported a modest 1% increase in assets under management to £127.4 billion, despite net outflows of £5.3 billion, during the six months ending September 2024. They secured a major agreement with Sanlam, South Africa’s largest non-bank financial services group, enhancing their market leadership with preferred access to Sanlam’s distribution network. Ninety One remains optimistic about future growth, driven by improved investment returns and emerging market opportunities.
For further insights into GB:N91 stock, check out TipRanks’ Stock Analysis page.