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Ninety One hits record £140bn assets in half year results

Global assetsNinety One has reported a record half year for assets under management, which rose to £140 billion in the six months to 30 September 2021, a 7% hike compared to the previous six months.  

The figure was boosted by net inflows of £3.9 billion during the period, and a net revenue figure of £328.4 million, representing a 10% increase.  

Pre-tax profit also rose 39% to £132.1 million, including £14.9 million in proceeds from the firm’s sale of South African third-party administration company Silica.  

Adjusted operating profit climbed 20% to £115.6 million.  

According to the first half earnings report, both pre-tax profit and adjusted operating profit saw record amounts for an interim period. 

The company posted an interim dividend of 6.9p a share. 

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