Has the alternative income story run its course?
Scarcity of yield has caused a lot of capital to chase relatively few assets and left valuations stretched
Scarcity of yield has caused a lot of capital to chase relatively few assets and left valuations stretched
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Ninety One Global Environment co-manager says we are quickly moving to a world that values all stakeholders, not just financial shareholders
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Ninety One has held up despite a radical rebrand in the middle of the Covid crisis
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UK Total Return has been combined with UK Special Situations after losing over 80% of its assets in 2020
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Flurry of positive vaccine news sees out of favour UK and cyclical stocks deliver double digit gains
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Nigel Smith joined asset manager from M&G Investments in 2013
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Asset manager that spun out of Investec also suffers loss of institutional mandates in global strategies
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Results are for a period before the departure of Alastair Mundy in April
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Ninety One Global Environment fund manager says economic fallout from Covid-19 is more akin to a war than the 2008 crisis
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Alastair Mundy’s step back knocks fund house fresh after its spinout from Investec
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Ninety One replacement managers likely to offer consistent style but board could choose to ditch value
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Asset management spinout joins Ocado and Sainsbury’s among the few stocks trading up
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