Ninety One Limited: Difference between revisions
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| industry = [[Financial services]] |
| industry = [[Financial services]] |
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| products = [[Asset Management]] |
| products = [[Asset Management]] |
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| revenue = [[Pound sterling|£]]609.9 million (2020)<ref name=prelims>{{Cite web|url=https://ninetyone.com/-/media/documents/investor-relations/91-full-year-results-announcement-may-2020.pdf|accessdate=20 May 2020}}</ref> |
| revenue = [[Pound sterling|£]]609.9 million (2020)<ref name=prelims>{{Cite web|url=https://ninetyone.com/-/media/documents/investor-relations/91-full-year-results-announcement-may-2020.pdf|title=Results for the year ended 31 March 2020|publisher=Ninety One|accessdate=20 May 2020}}</ref> |
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| operating_income = [[Pound sterling|£]]198.5 million (2020)<ref name=prelims/> |
| operating_income = [[Pound sterling|£]]198.5 million (2020)<ref name=prelims/> |
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| num_employees = |
| num_employees = |
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Revision as of 22:04, 20 May 2020
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| Company type | Dual-listed public company |
|---|---|
| LSE: N91 | |
| Industry | Financial services |
| Founded | Johannesburg 1991 |
| Headquarters | London, United Kingdom Sandton, South Africa |
Key people | Gareth Penny, Chairman Hendrik du Toit, CEO |
| Products | Asset Management |
| Revenue | £609.9 million (2020)[1] |
| £198.5 million (2020)[1] | |
| Website | ninetyone |
Ninety One plc is an asset management business. It is dual-listed on the London Stock Exchange and the Johannesburg Stock Exchange. It is a constituent of the FTSE 250 index.[2]
History
The company was formed as Investec Asset Management in 1991.[3] It changed its name to Ninety One in spring 2020: the new name is in recognition of the brand's heritage - it was in 1991 that the investment firm was started in South Africa.[4] It was demerged from Investec in March 2020.[5] It had been envisaged that 10% of the stock would be offered to the public but Investec decided to retain 25% (rather than just 15% as originally planned) because of market conditions.[5]
References
- ^ a b "Results for the year ended 31 March 2020" (PDF). Ninety One. Retrieved 20 May 2020.
- ^ "London Stock Exchange - FTSE 350 Index". Londonstockexchange.com. Retrieved 5 May 2020.
{{cite web}}: CS1 maint: url-status (link) - ^ "Ninety One Starts Trading In London And Johannesburg After Demerger". Morning Star. 16 March 2020. Retrieved 17 March 2020.
- ^ "Investec AM rebrand Ninety One to list on LSE". Investment Week. 29 November 2019. Retrieved 17 December 2019.
- ^ a b "Investec withdraws 10% share offer in Ninety One due to market conditions". Investment Week. 13 March 2020. Retrieved 17 March 2020.