Asset management firm Ninety One reported a slight fall in assets under management (AuM) in its fiscal second quarter.
Source: Sharecast
The Anglo-South African firm, which was formerly known as Investec Asset Management until it was demerged from the group in 2020, said AuM totalled £123.1bn by 30 September.
This was down from £124.8bn by the first-quarter stage (30 June) and £129.3bn at the end of the last financial year (31 March).
The update comes ahead of Ninety One's interim results due on 15 November.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.