Ninety One reports record earnings and assets under management for 2022 🔒
Ninety One, the asset manager that started out as a unit of Investec three years before SA became a democracy, has reported record earnings and assets under management after almost 31 years in business.
The London- and Johannesburg-listed firm, which reports its results in pounds, said on Wednesday morning that profit before tax increased 31% to £267.1m for the year to end-March 31 2022 while AUM increased 10% to £143.9bn. Basic earnings per share increased 34% to 22.6p and adjusted earnings per share increased 13% to 19.2p, allowing the company to propose a final dividend of 7.7p a share, which takes the full-year dividend to 14.6p per share...
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sponsored Content: World Hypertension Day: Each one take one – for a blood pressure screeningWhen was the last time you had your blood pressure checked, or encouraged your loved ones to do so too? Nearly half of adults with hypertension – high blood pressure – are unaware that they have it. Apart from more than R10 billion in healthcare costs per annum in South Africa, we lose loved ones who could have lived long, healthy lives if only they had screened and intervened early, writes Dr Mosima Mabunda, Head of Wellness at Discovery Vitality
Read more »
Djokovic makes it 370 weeks at number one in ATP rankingsThe Serb, who claimed his sixth Italian Open title, has now spent 60 weeks more at number one than the next man on the list Roger Federer (310).
Read more »
Hotto one step away from living up to his promiseInfluential Orlando Pirates winger Deon Hotto has vowed to go all out to make sure he wins the CAF Confederation Cup with the club to support the statement he made when he came that he joined the Sea Robbers to win trophies.
Read more »
US states stumble over one another to pull the ‘trigger’ on abortion rightsIn the first five months of this year, lawmakers in 42 states introduced 546 abortion restrictions
Read more »