Ninety One plc is an international asset management company operating under a dual-listed company (DLC) structure alongside Ninety One Limited. Originally founded in South Africa in 1991 as Investec Asset Management, the business demerged from the Investec Group in March 2020 to form an independent, publicly traded global investment manager. The group operates through dual corporate headquarters in London and Cape Town, maintaining more than 20 offices across 15 countries in the UK, Europe, Africa, Asia-Pacific, and the Americas.
Ninety One's business model is centered on providing active investment management services to institutional investors (such as pension funds, sovereign wealth funds, central banks, and insurers) and advisor/retail clients (including wealth managers, private banks, and independent financial advisors). The firm generates substantially all of its revenue from management fees calculated as a percentage of assets under management (AUM), supplemented by performance fees earned when client portfolios outperform agreed benchmarks. Ninety One organizes its investment capabilities across four primary asset classes: equities (global, emerging market, and thematic strategies), fixed income (emerging market debt, sovereign credit, and corporate credit), multi-asset solutions, and alternatives/private markets. The company also expanded its market presence in Southern Africa through a strategic transaction with Sanlam to manage substantial active investment portfolios.
