Ninety One returns to growth as Sanlam deal boosts assets
South African-founded asset manager Ninety One returned to positive net inflows and significantly increased assets under management (AUM) during the year ended 31 March 2026, supported by the completion of its strategic transaction with Sanlam.
CHAMWE KAIRA South African-founded asset manager Ninety One returned to positive net inflows and significantly increased assets under management (AUM) during the year ended 31 March 2026, supported by the completion of its strategic transaction with Sanlam. Namibia forms part of Ninety One’s African business. Namibian pension funds and investors with exposure to Ninety One-backed investment strategies stand to benefit from a stronger performance by the South African-founded asset manager.
The group reported that AUM rose by 31% to £171.8 billion, from £130.8 billion a year earlier, driven by net inflows of £2.8 billion, positive market and foreign exchange movements of £19.9 billion, and the addition of £18.3 billion in assets transferred through the Sanlam transaction. The deal involved the transfer of the active asset management businesses of Sanlam Investments UK and Sanlam Investment Management in South Africa to Ninety One, strengthening the firm’s position in its home market and internationally. Adjusted earnings per share increased by 12% to 17.4 pence, while adjusted operating profit rose 12% to £211.3 million.
