Ninety One turnaround lifts assets and flows
The Money Show · 3 June 2026 · 6m
Speaker 1: For the asset manager. Ninety one reporting has suggested operating profit margin rose thirty two Speaker 1: percent in the year to the end of March, assets under management jumping by nearly Speaker 1: a third. Obviously that's skewed by their takeover of assets previously held by Sunlam through Speaker 1: the deal between the two of them. Hendrick Datoys the CEO at ninety one, Hendrick, Speaker 1: good evening, Good to chat again, to appreciate the time. Obviously quite a big change Speaker 1: with the Sunlam deal. You said today you're in a stronger position than you were Speaker 1: a year ago. What do you think's changed since then? Speaker 2: Good evening, Stephen, and good evening listeners. Well, firstly, our assets under management by thirty Speaker 2: one percent, which includes twenty round about nineteen point nine billion pounds of market movement Speaker 2: ie portfolio growth, net inflows of two point eight billion, and the eighteen point three Speaker 2: billion of Sunlom assets that came across, which is slightly more than what we actually Speaker 2: announced when we did the deal. So we concluded the deal within time frame on Speaker 2: the second of February, and it's now fully integrated into ninety one. And most importantly Speaker 2: the world is starting to show interest in emerging market investing from what was a Speaker 2: very US dominated decade, and not only because they want to diversify from the US, Speaker 2: but also because the AI trade has moved into emerging markets. Lots of the hardware Speaker 2: providers, chip manufacturers and others are in the emerging markets. And finally, China is unleashing Speaker 2: a whole range of interesting new listings and companies which are going to attract…
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