Ninety One Thrives

Ninety One Reports Significant Profit and 31% AUM Growth, Boosting Dividends and Performance

Ninety One reported improved full-year results, with earnings rising to GBP153.5 million from GBP150.1 million and revenue up 9.4% to GBP650.2 million. It also lifted adjusted earnings and adjusted EPS by about 12%, while proposing a dividend increase of 10%. Assets under management grew 31% to £171.8 billion, supported by £2.8 billion of net inflows and the scaling impact of the Sanlam transaction, alongside favorable market and FX moves. The firm said performance remained strong, with most AUM outperforming benchmarks over three years, and it reported that it returned more than 60% of initial market capitalization to shareholders. Management pointed to renewed demand in emerging markets, continued investment in talent and technology, and disciplined cost control as drivers of improving momentum. On the stock, analysts were split, with recent coverage showing a Hold rating and a TipRanks “Outperform” view tied to the company’s fundamentals and valuation, despite some technical caution.

Key Points

Topics