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Key Points
- Ninety One’s AUM rose nearly 9% year-on-year, reaching $187.91 billion in June 2025, reflecting strong client inflows and resilience in volatile financial markets.
- A $2.4 billion AUM transfer from Sanlam UK during the quarter boosted growth, with the South African leg of the deal expected to close later this fiscal year.
- Founded in 1991 by Hendrik du Toit, the firm has expanded from South Africa to a global footprint, emphasizing active strategies and long-term client relationships.
Ninety One, the independent asset manager founded and led by South African businessman Hendrik du Toit and listed in both London and Johannesburg, has reached a new milestone—its assets under management (AUM) rose to $187.9 billion as of June 30, 2025.
This growth reflects the company’s ability to hold steady amid global market uncertainty. Its structure as a dual-listed, independently owned firm continues to give it room to navigate challenges and stand apart from many of its peers in the active asset management space.
Ninety One reports steady inflows and strategic momentum
Ninety One, cementing its position as South Africa's largest asset manager, said in a recent statement that its AUM rose by 8.63 percent to £139.7 billion ($187.91 billion) for the period ended June 2025. The increase from £128.6 billion ($172.92 billion) a year earlier underscores the independent investment manager's strong performance and adept financial market navigation.
The single-digit increase was bolstered by the £1.9 billion ($2.56 billion) transfer of Sanlam Investments UK Limited’s active asset management business to Ninety One UK Limited during the quarter. This transaction, announced on June 13, is part of a broader strategy to expand Ninety One’s international footprint and product offering.
The group noted that additional AUM from Sanlam’s South African business is expected to transfer later this financial year upon completion of the domestic leg of the transaction. Coupled with ongoing client inflows and solid investment performance across strategies, the firm has maintained positive momentum into the first quarter of fiscal 2026.
Ninety One: From Johannesburg roots to global scale
Founded in 1991 by Hendrik du Toit, Ninety One, headquartered in Cape Town, South Africa, has evolved from a South African specialist firm into a global asset manager, offering active strategies that span equities, fixed income, multi-asset, and alternatives. The company has steadily expanded its client base across Africa, Europe, Asia, and the Americas, underscoring its commitment to fostering long-term relationships and responsible investment practices.
Originally established as Investec Asset Management before the demerger and listing of Ninety One from Investec Group on 16 March 2020, the firm has built a reputation for disciplined investing and a focus on sustainability. Its strategic acquisitions, like the Sanlam UK business, underscore ambitions to scale assets while deepening capabilities across regions. As the integration progresses, Ninety One remains confident in its strategic fundamentals, seeking to deliver sustained value to clients and shareholders despite evolving market conditions.
