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Two years after Ninety One split from Investec, the two companies say their strategic move has paid off.
It has been two years since Investec and its asset management business completed their spin-off, giving rise to a new brand and the listing of Ninety One.
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With Ninety One’s current market capitalization of nearly R42 billion and Investec at around R97 billion, the two companies have doubled the combined value of “old” Investec since Ninety One listed separately.
Ninety One CEO Hendrik du Toit thinks investors are happy.
