Ninety One Group
Ninety One is a London and Cape Town–based asset management firm that is also publicly traded on the Johannesburg Stock Exchange. The FTSE 250 index includes it as a component. [Ninety One] is a London- and Cape Town-based, London Stock Exchange- and Johannesburg Stock Exchange-listed asset management firm. The FTSE 250 index includes it as a component.
Founded in 1991 under the name Investec Asset Management, the company rebranded as Ninety One in the spring of 2020 to honor its roots as a South African investment firm founded in 1991. In March 2020, the company was spun out of Investec. Market factors led to Investec deciding to retain 25% of the stock instead of only 15% as had been intended for the first public offering.
In April 2023, the market value of Ninety One Group was $2.06 billion. Market capitalization-wise, this places Ninety One Group at #3,710. Ninety One Group reported TTM revenue of $1.04 billion as of the most recent quarter. The company's revenue of $1.04 billion in 2022 was up from the $1.03 billion it made in 2021.
Founded: 1991
Headquarters: London, United Kingdom Cape Town, South Africa
Website: https://ninetyone.com/