Ninety One reports record full-year earnings and AUM

Ninety One today reported assets under management rose 10 percent to close the full-year period at a record 143.9 billion pounds.

18 May 2022

Ninety One today reported assets under management rose 10 percent to close the full-year period at a record 143.9 billion pounds.

Profit before tax rose 31 percent to a record 267.1 million pounds.

Ninety One had net inflows of 5 billion pounds.

The firm reported a 34 percent increase in basic earnings per share to 22.6 pence. Adjusted earnings per share rose 13 percent to 19.2 pence.

Ninety One proposed a final dividend of 7.7 pence, resulting in the full-year dividend increasing 16 percent to 14.6 pence a share.

Hendrik du Toit, founder and Chief Executive, Ninety One: “I am delighted to announce record earnings and assets under management after 31 years in business. Ninety One enjoyed strong support from our clients as reflected by net inflows of £5 billion. The combination of strategic clarity, disciplined execution, competitive long-term investment performance, a motivated, stable team and a long-term approach to business continues to work well for Ninety One.

“Business and market conditions deteriorated towards the end of the reporting period and are expected to remain challenging into the next financial year. The spectre of inflation and rising interest rates in a world of supply chain disruption and increased political uncertainty speaks to volatile markets and a diminished risk appetite among end investors. We nevertheless see substantial long-term growth opportunities for Ninety One in the markets we serve. Our approach to value creation has not changed. We will continue to invest in our people and our business to deliver for our clients. With employee ownership now over 25% our commitment to long-term value creation for all stakeholders is clear. 

Read our results announcement

Jeannie Dumas

Communications Director (ex-Africa)

Laura Henderson

Communications Manager

Important Information

All investments carry the risk of capital loss. The information contained in this press release is intended primarily for journalists and should not be relied upon by private investors or any other persons to make financial decisions. Furthermore, the material contained herein is for informational purposes only and should not be construed as an offer, or solicitation of an offer, to buy or sell securities either generally or in any jurisdiction where the offer or sale is not permitted. Offers are made only by prospectus or other offering materials and upon an investor meeting certain suitability standards and any other applicable requirements as required by law. All of the views expressed about the markets, securities or companies in this press comment accurately reflect the personal views of the individual fund manager (or team) named. While opinions stated are honestly held, they are not guarantees and should not be relied on. Ninety One in the normal course of its activities as an global asset manager may already hold or intend to purchase or sell the stocks mentioned on behalf of its clients.

The information or opinions provided should not be taken as specific advice on the merits of any investment decision. This press release may contain statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, new legislation and regulatory actions, competitive and general economic factors and conditions and the occurrence of unexpected events. Actual results may differ materially from those stated herein. Telephone calls may be recorded for training, monitoring and regulatory purposes and to confirm investor’s instructions. Ninety One’s Privacy Notice is available at www.ninetyone.com/privacynotice.