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WATCH: How market volatility knocked Ninety One

Ninety One CEO Hendrik du Toit talks to Business Day TV about the company’s maiden results

Ninety One CEO Hendrik du Toit. Picture: SUPPLIED
Ninety One CEO Hendrik du Toit. Picture: SUPPLIED

Following its unbundling from Investec, Ninety One has released its maiden results.

The group has reported a 1% decline in annual net flows to just more than R132mn, while assets under management fell by 7%.

Ninety One has pointed to market volatility as well as a weak global economy as reasons for the decline.

Business Day TV talked to CEO Hendrik du Toit for more detail.

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