LONDON (Reuters) – Asset manager Ninety One has entered an investment partnership with South African life insurer Sanlam, it said on Wednesday, as it recorded a 1% rise in assets in the first half to 127.4 billion pounds ($161.85 billion). Ninety One will gain preferred access to Sanlam’s distribution network and become its primary active […]
LONDON (Reuters) – Asset manager Ninety One has entered an investment partnership with South African life insurer Sanlam, it said on Wednesday, as it recorded a 1% rise in assets in the first half to 127.4 billion pounds ($161.85 billion).
Ninety One will gain preferred access to Sanlam’s distribution network and become its primary active investment partner, Ninety One said in a statement.
($1 = 0.7872 pounds)
(Reporting by Carolyn Cohn, editing by Sinead Cruise)
