Asset Management

Ninety One assets jump 20% as flows turn positive

Polar Capital also reports a rise in assets, although a one-off capital return increased outflows

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UK fund houses are predicting brighter skies ahead after a tough period for active management Photo: Vuk Valcic/Getty Images

Assets under management at UK-listed fund manager Ninety One grew by almost 20% in the six months to the end of September.

Net inflows of £4.3bn during the period marked a turnaround from the prior year, when it saw £5.3bn of outflows during the same period. Assets hit £152.1bn as of 30 September.

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