Ninety One to complete transfer of Sanlam Investments' active asset management business

Ninety One set to absorb UK asset management unit of Patrice Motsepe's backed Sanlam

Key PointsNinety One will issue 13.68 million shares to acquire Sanlam Investments UK, boosting its assets under management by $22.1 billion and expanding its global footprint.The transaction marks a critical milestone in the broader partnership between Sanlam and Ninety One to consolidate active asset management across global markets.Patrice Motsepe-backed Sanlam strengthens its asset management scale through this deal, aligning with Ninety One…

Ninety One to complete transfer of Sanlam Investments' active asset management business

Ninety One is expected to complete the transfer of Sanlam Investments UK Limited's active asset management business next week. This comes following the previous announcements about the deal in November 2024 and March this year.