Ninety One reports solid rise in assets under management

(Sharecast News) - Investment manager Ninety One reported an increase in assets under management on Friday, to £130.2bn as of 31 December. The FTSE 250 company said that marked a rise from £127.4bn recorded at the end of the prior quarter on 30 September.

It was also an increase from the £124.2b it reported at the same point in 2023.

At 0816 GMT, shares in Ninety One were up 5.95% at 154.9p.

Reporting by Josh White for Sharecast.com.