ROB ROSE: Entrepreneurs are browbeaten and tired, says Ninety One’s Hendrik du Toit
As the threat of prescribed assets looms, companies like Ninety One are pre-emptively showing that they can try to solve social issues
11 June 2020 - 05:00
Hendrik du Toit, CEO of investment company Ninety One, is surviving the lockdown on his estate in the English countryside of Buckinghamshire, an hour west of London. "It’s a nice place to get caught during a lockdown," he says. "I bought it in 2008 when no-one else wanted to live outside London."
From there, he’s marshalling not just a company with R2.29-trillion in assets, but also one crazy enough to list on the JSE and the London Stock Exchange on March 16, in the middle of the Covid-19 pandemic. And yet, Ninety One’s share price has soared a remarkable 39% since its debut...
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