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Updated · TradingView · Jun 2Ninety One Lifts Dividend 10% as AUM Jumps 31% to £171.8 Billion
1 articles · Updated · TradingView · Jun 2Summary
- Adjusted EPS rose 12% at Ninety One Group, alongside a proposed 10% dividend increase in its annual results.
- Assets under management climbed 31% to £171.8 billion, driven by strong net inflows and the Sanlam transaction.
- Profitability also improved, with adjusted operating margin reaching 32% as the firm expanded across diversified asset classes.
- Emerging-market demand and broader asset growth underpinned management's positive outlook for the business.
Insights
Beyond the Sanlam acquisition, can Ninety One's new ETF venture sustain its growth in a crowded global market? With record profits and a dividend hike, why did Ninety One's stock price suddenly tumble by over 7%? As Ninety One bets big on emerging markets, are its strategies prepared for increasing global political uncertainty?