Ninety One UK Completes Transfer of Sanlam Investments UK’s Active Asset Management Business
Ninety One UK is set to finalize the transfer of Sanlam Investments UK’s active asset management business today, June 16. This move is part of a broader agreement between Ninety One and Sanlam, which positions Ninety One UK as the primary active asset manager for a portion of Sanlam Investments UK’s assets under management.
Originally announced in November 2024, the agreement designates Ninety One as the primary active investment manager for Sanlam’s single-managed local and global products. The alliance also formalizes a 15-year relationship between the two firms through various operative agreements concluded in March 2025.
As part of the arrangement, Sanlam will receive 125.7 million shares in Ninety One, translating to a 12.3% equity stake. Excluding ARC Financial Services Investments, Sanlam’s effective shareholding in Ninety One will be approximately 8.9%. Additionally, Sanlam will become an anchor investor in Ninety One’s international private and specialist credit strategies.
Ninety One, originally from South Africa with a global footprint, hopes to benefit from preferred access to Sanlam’s distribution network. The alliance is expected to expand Ninety One’s market reach and accelerate its international private credit offerings.
Announcing the deal in November, Ninety One founder and CEO Hendrik du Toit said, “We are looking forward to a long and fruitful relationship with Sanlam, a business with a powerful brand and significant scale in South Africa. Our experience and expertise are complementary. This agreement will give us the opportunity, as leaders in our respective markets, to create additional value for our stakeholders.”
In related news, India’s Shriram Group recently launched its wealth management venture by collaborating with Sanlam Group, focusing on serving India’s affluent and high-net-worth individuals. The equally shared joint venture, branded Shriram Wealth, targets Rs500bn ($5.84bn) in assets under advice and plans to onboard 500 wealth management experts within five years.
This article, “Ninety One to complete Sanlam Investments UK transfer,” was originally created and published by Private Banker International, a GlobalData owned brand.
Please note that the information provided here is for general informational purposes only and should not be relied upon for specific advice. It is always recommended to seek professional or specialist advice before making any decisions based on the content provided.
