- CEO
- Hendrik Jacobus du Toit
- Full Time Employees
- 1,346
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 36 Hans Strijdom Avenue Cape Town GL South Africa 8001
- IPO Date
- Nov 13, 2020
- Business
- Ninety One Group is a global active investment manager specializing in managing investment funds for institutional investors, sovereign wealth funds, insurers, pension funds, corporates, wealth managers, private banks, and intermediaries. The company provides a broad range of investment products and services including equities, fixed income, multi-asset strategies, alternative investments, emerging markets equity and debt, and specialized sector-focused funds. Founded in 1991 and headquartered in Cape Town, South Africa, with additional offices in London and other parts of Africa, Ninety One operates across multiple regions including the United Kingdom, South Africa, the Middle East, and other global markets.
Ninety One Group recently underwent significant strategic reorientation to enhance growth prospects amidst market fragmentation. Key developments include a strategic partnership with Sanlam, making Ninety One Sanlam’s primary active asset manager for single-managed local and global products, alongside preferred access to Sanlam’s extensive distribution network in South Africa which will transfer around R400 billion in assets under management. The company has also expanded its geographic footprint with new offices in the Middle East and signed a Memorandum of Understanding with Abu Dhabi-based blockchain-focused firm Finstreet Limited to develop structured products and private debt instruments for infrastructure and alternative credit markets there. Operational restructurings include a 349.5% increase in holdings of AutoZone through Ninety One UK Ltd, alongside investments in technology and defense sectors through affiliated asset management entities, targeting semiconductors, e-commerce logistics, AI infrastructure, and defense electronics.
The firm currently manages approximately GBP 130.8 billion in assets with a workforce of about 1,230 employees. Its investment approach emphasizes differentiated active management with a focus on high-growth sectors and client-centric solutions to differentiate in competitive markets. Ninety One continues to modernize its operations by investing in AI and technology to improve efficiency and effectiveness. The latest strategic moves highlight a commitment to disciplined, innovation-driven investing and a proactive stance toward expanding its service offering and geographic reach, positioning it for long-term competitiveness in the global asset management industry. The company is listed on the London Stock Exchange and Johannesburg Stock Exchange and maintains a reputation as a forward-looking, diversified investment management firm.