Leaner Ninety One confident that it can ride market storm

22 March 2020 - 00:22 By HILARY JOFFE

Asset manager Ninety One could hardly have chosen a worse moment to list, as share prices cratered on Monday. But its CEO, Hendrik du Toit, sees it as very successful.

"Circumstances have changed, and Ninety One's value is significantly lower than it was two weeks ago: you can't run away from the truth," says Du Toit, who founded the then Investec Asset Management in 1991 and led the demerger from Investec that resulted in Monday's listings on the London Stock Exchange and JSE...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.