Ninety One reports AUM growth in third quarter

Published 17/01/2025, 08:02
Ninety One reports AUM growth in third quarter

LONDON - Ninety One PLC, a global asset management firm, announced today that its assets under management (AUM) as of December 31, 2024, have increased to £130.2 billion. This figure represents a growth from the £127.4 billion reported on September 30, 2024, and a significant rise from the £124.2 billion recorded at the end of the previous year, December 31, 2023.

The asset management company, which has dual listings on the London and Johannesburg Stock Exchanges under the ticker symbols LSE:N91 and JSE:NY1 respectively, has shown a consistent upward trajectory in AUM over the past quarters. The latest update indicates a continuation of this trend, although the company did not provide details on what drove the increase.

Investors and analysts look to AUM as a key indicator of the scale and health of an asset management firm, as it reflects the total market value of the investments that the company manages on behalf of its clients.

Ninety One has established a presence in both the United Kingdom (TADAWUL:4280) and South Africa, with registration numbers 12245293 and 2019/526481/06, respectively. The company's next AUM update is scheduled for April 17, 2025, which will provide the fourth quarter figures for the fiscal year.

This financial update is based on a press release statement from Ninety One PLC and does not contain any promotional content or subjective assessment. The information presented is intended to offer a factual report on the company's AUM status as part of regular financial disclosures to the market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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