Ninety One promotes head of South African investments to chief sustainability officer
Nazmeera Moola has been with the asset manager since 2013
Nazmeera Moola has been with the asset manager since 2013
Cautious Managed fund has been renamed and seen its investment policy tweaked
Follows a bumper year for Ninety One Global Environment fund
UK investors accounted for the highest level of redemptions pulling £1.4bn over the year
Scarcity of yield has caused a lot of capital to chase relatively few assets and left valuations stretched
Ninety One Global Environment co-manager says we are quickly moving to a world that values all stakeholders, not just financial shareholders
Ninety One has held up despite a radical rebrand in the middle of the Covid crisis
UK Total Return has been combined with UK Special Situations after losing over 80% of its assets in 2020
Flurry of positive vaccine news sees out of favour UK and cyclical stocks deliver double digit gains
Nigel Smith joined asset manager from M&G Investments in 2013
Asset manager that spun out of Investec also suffers loss of institutional mandates in global strategies
Results are for a period before the departure of Alastair Mundy in April