David Aird will leave Ninety One after almost 24 years at the company, Portfolio Adviser has learned.
Aird (pictured), who is currently managing director of global private markets for the firm, will “continue to have a business relationship” with Ninety One, according to a spokesperson.
They added: “We thank him for his contribution to the firm and look forward to our continued partnership.”
Prior to his current role, which he took after a two and-a-half month sabbatical at the end of 2019, Aird spent 19 and-a-half years as Ninety One’s (formerly Investec Asset Management’s) UK managing director.
During this time, he was responsible for the firm’s retail and institutional UK business and helped to grow the business from a start-up to running £27bn of assets.
He was also the managing director of Investec Fund Managers Limited and a director of Investec Asset Management.
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Aird joined Ninety One from Gartmore in 2000, where he was the firm’s dedicated fund raiser for its first hedge fund, Alphagen Capella.
He has also held roles at Fleming Investment Management, Capital House Investment Management and Royal Trust Asset Management.
