Ninety One company results: Pre-tax profit falls 20% amid ‘challenging’ year
Assets under management fell by 10%
Assets under management fell by 10%
Key events for UK wealth managers for the week starting 27 March
‘Weak outlooks from prominent bell-weather companies are a red flag that should not be ignored’
£3.5bn outflows driven by another challenging year for its fixed income funds
Key events for UK wealth managers for the week starting 31 January
Priority now is to complete final rollout of new custody and settlement system
But revamped platform and DFM business deliver strong performances
Propelled by strong client acquisition
Wealth manager reports record gross flows of £4bn
CEO David Esfandi says having backing of private equity house HPS Investment Partners allows firm to build on growth
More than a 50% increase in ETF AUM over H1 2021 to $13bn
Comes a week after firm reported 71% jump in AUM for the year to end of March