WATCH: How market volatility knocked Ninety One
Ninety One CEO Hendrik du Toit talks to Business Day TV about the company’s maiden results
Following its unbundling from Investec, Ninety One has released its maiden results.
The group has reported a 1% decline in annual net flows to just more than R132mn, while assets under management fell by 7%.
Ninety One has pointed to market volatility as well as a weak global economy as reasons for the decline.
Business Day TV talked to CEO Hendrik du Toit for more detail.
Or listen to the full audio:
Would you like to comment on this article or view other readers' comments?
Register (it’s quick and free) or sign in now.
Please read our Comment Policy before commenting.