
Sanlam partnership helps Ninety One grow to record AUM
The completed transaction added scale, while a recovery in client demand pushed the asset manager back into net positive flows after last year’s outflows.

The completed transaction added scale, while a recovery in client demand pushed the asset manager back into net positive flows after last year’s outflows.

South African investors committed R51 billion to collective investment schemes in the first quarter of 2026 despite heightened market volatility.

The company said its closing assets dipped by 2% at the end of March even as average AUM rose by 15% over the half-year.

Results from operations rose 13% to R9.8bn as insurance profitability improved and investments crossed R1 trillion in assets under management.

Multi-asset and interest-bearing portfolios dominated inflows in 2025 as South African investors continued to favour diversification.

International comparisons suggest there’s scope for local advisers to lift fees above 0.5% of AUM, says Mark Polson of UK consultancy The Lang Cat.

The Adviser Barometer, based on the responses of nearly 600 financial advisers on the Allan Gray platform, sheds light on what’s driving fee structures, technology investments and client-engagement strategies in South Africa’s advice industry.

The new SA Multi Asset SA High Equity category is expected to gain traction over time, despite slower uptake in the early stages.

The group grows its total assets under management by 5% and resumes declaring an interim dividend.