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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Ninety One reports rise in assets under management

(Sharecast News) - Ninety One reported a rise in assets under management in the second quarter on Tuesday, with total assets lifting to £152.1bn as at 30 September, up from £139.7bn at the end of June and £127.4bn a year earlier. The FTSE 250 asset manager, which focuses on active investment strategies across global markets, said it would report its interim results for the six months ended 30 September on 17 November.

At 0945 BST, shares in Ninety One Group were up 1.5% at 217p.

Reporting by Josh White for Sharecast.com.

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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