
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.

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.

The tie-up will begin with global equity and emerging market ETFs and is designed to widen access to active strategies across international markets.

A breakdown of the results shows how the group’s main business clusters performed as it continues repositioning for growth across South Africa, Africa, and India.

John Stopford says future market returns may be shaped by different forces than those of the past decade, with implications for South African assets.

As optimism rises and valuations stretch, there is a shift from broad exposure to disciplined, valuation-driven analysis.

Morningstar’s Investment Outlook for 2026 highlights trends in the US and domestic equity markets that it believes advisers and investors should watch.

The asset manager lifted revenue by 10%, but headline EPS declined year-on-year once the prior period’s R561m SARS tax recovery fell away.

Despite the FSCA’s findings of RMCP gaps, SCI confirms that client funds remain secure and no money laundering or terrorist financing was detected.

The net result from financial services grew by 20% to about R8.08bn, with general insurance the standout in the six months to the end of June.

Ninety One will acquire Sanlam Investment Management and oversee investment management for Sanlam Investments UK.

Sanlam gained market share in individual underwritten life insurance, supported by strong single-premium growth and stable persistency in the affluent segment.

All eyes are on the group’s pan-African joint venture with Allianz, to see whether it will mirror the achievements of Sanlam’s interests in India.

Marlborough’s Ireland-domiciled UCITS multi-asset portfolios will now be included in Carrick Wealth’s range of investment options.