Coronavirus-linked volatility weighs on Ninety One
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Following its unbundling from Investec, Ninety One has released its maiden results. The group has reported a 1% decline in annual net flows to just over R132mn, while assets under management fell 7%. Ninety One has pointed to ongoing market volatility as well as a weak global economy as reasons for the decline. Business Day TV touched base with the company's CEO Hendrik du Toit for more detail