Market rebound helps lift Ninety One and Coronation

SA’s two largest listed asset managers got a lift from a recovery in markets in the three months to June to record healthy growth in the assets they manage.

Ninety One, SA’s biggest, said on Friday its assets jumped about 14% to £118bn at the end of June, while Coronation Fund Managers saw a 12% increase to R570bn.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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