19 May 2021 | 07:31am
StockMarketWire.com - Ninety One, the fund manager spun out of Investec, posted a 3% rise in annual profit underpinned by a boost in assets under management.
Pre-tax profit for the year through March increased to £204.1 million, up from £198.5 million year-on-year.
Assets under management rose 27% to £130.9 million, despite net outflows of £0.2 billion, thanks to positive market movements.
Ninety One declared a full-year dividend of 12.6p per share in its first full year as a listed company. The year was characterised by a resurgence in investment performance at Ninety One due to the discipline and professionalism of our investment teams, chief executive Hendrik du Toit said.
Altica Partners Makes Senior Appointment, Expands Advisory Board
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Additions strengthens leadership in the areas of Governance, Structuring and Investor Relations
I am excited to continue the partnership we began at Goldman Sachs and his expertise in structuring, monitoring and risk management of private credit portfolios will be invaluable at Altica Partners” Ebele OkekeLONDON, UNITED KINGDOM, April 19, 2021 /EINPresswire.com/ Altica Partners, a leading Africa-focused investment firm that provides credit strategies to Impact and ESG conscious institutional investors announced today, the appointment of Andrew Ofori as a Partner of the firm and a member of its investment committee. Andrew will lead Private Credit investments and expand the firm’s strategies targeting fast growing businesses in Africa.
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Altica Partners Makes Senior Appointment, Expands Advisory Board
April 19, 2021 GMT
LONDON (BUSINESS WIRE) Apr 19, 2021
Altica Partners, a leading Africa-focused investment firm that provides credit strategies to Impact and ESG conscious institutional investors announced today, the appointment of
Andrew Ofori as a Partner of the firm and a member of its investment committee. Andrew will lead Private Credit investments and expand the firm’s strategies targeting fast growing businesses in Africa.
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Prior to Altica Partners, Andrew worked at Standard Chartered as the MEA Head of Structured Credit and Head of Private Side Structuring, where he led structured financings, Private debt and Derivative funding transactions. He was previously at Goldman Sachs, in Emerging Market Financing and European Special Situations, where he led private capital investments and executed nume
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;