Ninety One reports rise in assets under management

(Sharecast News) - Ninety One reported a rise in assets under management in the second quarter on Tuesday, with total assets lifting to £152.1bn as at 30 September, up from £139.7bn at the end of June and £127.4bn a year earlier. The FTSE 250 asset manager, which focuses on active investment strategies across global markets, said it would report its interim results for the six months ended 30 September on 17 November.

At 0945 BST, shares in Ninety One Group were up 1.5% at 217p.

Reporting by Josh White for Sharecast.com.