Ninety One assets under management slide in fourth quarter

18th Apr 2023 11:53

(Sharecast News) - Investment manager Ninety One updated the market on its fourth quarter on Tuesday, with assets under management sliding year-on-year.

The FTSE 250 company said assets under management as at 31 March totalled £129.3bn.

That was down from £143.9bn a year earlier, and £132.4bn on 31 December.

"Ninety One will publish its results for the financial year ended 31 March on 17 May," the board confirmed in its statement.

At 1126 BST, shares in Ninety One Group were down 1.24% at 183.9p.

Reporting by Josh White for Sharecast.com.