Ninety One

Name

Ninety One

Legal name

Ninety One Limited

Website

https://ninetyone.com

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Active Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Other Financial Vehicles (52599), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM)

akta.pro secondary industry

Fixed Income ETFs (Government, Corporate, Munis, TIPS) (FSAAAFAD)

Keywords

• Investment management services
• Emerging markets equities
• Fixed income and credit
• Private credit strategies
• Sustainable transition investing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: Management fees charged as a percentage of assets under management across various fund strategies including equities, fixed income, multi-asset, and alternatives. Fee structures vary by strategy and client type.
2. Performance Fees: Performance-based fees on certain investment strategies where returns exceed defined benchmarks or hurdles

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Ninety One is an active, global investment manager that manages £171.8 billion of client assets across global equities, fixed income and credit, multi-asset, and alternative strategies, with distinctive capabilities in emerging markets, EM private credit, quality/4Factor equity investing, and transition/sustainable investing. The firm delivers its strategies through institutional mandates, sub-advised mutual funds (American Beacon), separately managed accounts, active ETFs (in partnership with State Street), and UCITS funds.

Product overview

Ninety One is an active, global investment manager offering a diversified range of investment strategies across equities, fixed income, multi-asset, and alternative asset classes. The firm provides its strategies through multiple delivery mechanisms including mutual funds (sub-advised through American Beacon), separately managed accounts (Global and International Franchise ADR), and UCITS funds. The investment platform encompasses distinct capabilities in global equities, differentiated fixed income and credit, and emerging markets, with specialist teams including Sustainable Equity, Emerging Market Fixed Income, Multi-Asset, 4Factor, Quality, and Value strategies. The firm also offers transition investing solutions focused on low-carbon economy opportunities.

Differentiator

Problem solved

Functional benefit

Products and services

• American Beacon Ninety One Emerging Markets Equity Fund (ZEMIX) An actively managed emerging markets equity fund sub-advised by Ninety One, available through the American Beacon mutual fund platform for US investors.
• American Beacon Ninety One Global Franchise Fund (ZGFIX) An actively managed global equity fund focused on franchise businesses, sub-advised by Ninety One, targeting long-term capital growth.
• American Beacon Ninety One International Franchise Fund (ZIFIX) An actively managed international equity fund applying Ninety One's franchise investment philosophy outside the US market.
• Global Franchise ADR Separately Managed Account A separately managed account offering exposure to global franchise companies through American Depositary Receipts, managed by Ninety One for institutional and advisor clients seeking customized exposure.
• International Franchise ADR Separately Managed Account A separately managed account providing international equity exposure through ADRs, applying the franchise investment approach outside the US for institutional and advisor clients.
• Quality Equity Strategy An equity investment approach seeking exceptional companies with durable competitive advantages that foster long-term compounding and resilient growth, distributed to institutional and advisor clients globally via mandates, mutual funds and SMAs.
• Emerging Markets Private Credit Strategy EM-focused private debt strategies offering senior-secured lending with stronger covenant protections, lower leverage ratios, and exposure to infrastructure including renewables and data centres, targeting investors seeking ~200bps yield premium over developed market private debt.
• Transition Investing Strategies Investment strategies focused on the shift to a low-carbon economy, including climate solutions, enabling technologies, and financing for emerging market transitions, addressing the annual US$850bn funding gap for EM and developing economies.

Quantifiable outcome

• AUM grew 31% to £171.8bn in FY2026
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• State Street Investment ManagementcoreStrategic or Co-development Partner · 14 May 2026State Street Investment Management entered into a partnership with Ninety One to launch a series of active ETFs overseas. The collaboration expands State Street's active ETF strategy globally, building on its recent partnership approach with other asset managers, reflecting the broader trend of traditional asset managers seeking distribution scale through partnerships amid intensifying competition in the active ETF market.
• Sanlam GroupcoreStrategic or Co-development Partner · 3 February 2026Sanlam completed the sale of its active asset management business in South Africa and the UK to Ninety One, with the South African leg becoming effective February 2, 2026. The deal adds approximately R400 billion to Ninety One's AUM while granting Sanlam an equity stake of about 12.3% in Ninety One. The transaction establishes Ninety One as Sanlam's primary active asset manager and marks the beginning of a long-term 15-year strategic partnership.
• SMArtX Advisory SolutionsminorGTM or Marketing Partner · 20 January 2026SMArtX Advisory Solutions expanded its Manager Marketplace with investment strategies from 22 leading asset management firms including Ninety One, expanding offerings to 388 partner firms and 2,668 investment strategies. Head of Asset Manager Solutions stated the additions help expand offerings and provide advisors with a comprehensive marketplace.
• American BeaconcoreChannel Partner/ Reseller/ DistributorNinety One serves as sub-advisor to American Beacon mutual funds including the Emerging Markets Equity Fund (ZEMIX), Global Franchise Fund (ZGFIX), and International Franchise Fund (ZIFIX), enabling distribution of Ninety One's investment strategies to US investors through American Beacon's fund platform.
• A2X MarketsminorChannel Partner/ Reseller/ DistributorA2X, a South African stock exchange, approached the FSCA to amend listing requirements to enable secondary listings of actively managed ETFs (AMETFs). Ninety One, South Africa's largest asset manager, listed two AMETFs on the JSE, highlighting competitive landscape as A2X positions itself to attract similar listings.

Scale indicators17 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Man Group: London-listed active manager with a sizable alternatives and systematic investing platform. Overlaps with Ninety One's alternatives and quantitative strategies but skews more towards hedge fund and quantitative alpha.
• abrdn: UK-listed global asset manager with active equities, fixed income, and significant EM capabilities post-Standard Life Aberdeen merger. Comparable multi-asset, multi-channel model but with broader geographic diversification.
• Schroders: Large UK-listed global active asset manager spanning equities, fixed income, alternatives, and wealth management with significant EM exposure. Comparable at the platform level but with much broader product breadth and a private-banking mix.
• Invesco: Large global active and passive asset manager with established ETF, mutual fund, and institutional capabilities. Comparable product breadth and global distribution, but with passive tilt and broader scale than Ninety One.
• M&G Investments: UK-listed active asset and wealth manager with large fixed income and multi-asset capabilities, distributing through retail, institutional, and wealth channels. Comparable range of vehicles (mutual funds, SMAs, alternatives) but with heavier retail tilt.
• Federated Hermes: Global active asset manager with US, UK, and offshore distribution, including emerging-markets capabilities. Comparable active-equity and fixed income approach with substantial institutional client base.

Direct peers

• Ashmore Group: Specialist emerging-markets active asset manager, London-listed, with overlapping EM equity, fixed income, and private credit capabilities serving institutional clients. The closest single-strategy comparable to Ninety One's EM franchise.
• Polar Capital: Specialist London-listed active manager offering thematic and region-specific equity strategies, including emerging-markets funds. Comparable specialist team model and dual distribution to institutional and retail.
• Jupiter Fund Management: UK-listed active asset manager with equity, fixed income, and multi-asset strategies distributed via retail and institutional channels. Closely comparable in size, channel mix, and active-management orientation.
• Liontrust Asset Management: UK-listed active asset manager focused on long-only equities and fixed income with strong institutional and intermediary distribution. Comparable in size tier and active-management orientation, though less EM exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ninetyone_sa
• LinkedInlinkedin.com/company/ninetyone

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ninety One