Investec Asset Management has unveiled its new name and branding, Ninety One, which will be rolled out following completion of the firm’s demerger from Investec Group. The demerger process is on track to take place in the first quarter of 2020, subject to Investec plc and Investec Ltd shareholder approvals.

The new identity reflects the heritage of the firm. Investec Asset Management began as a start-up asset manager in South Africa in 1991. It now manages over 118.9 billion pounds (US$153.50 billion), as of the end of June 2019, for institutional and advisor clients from all over the world. The new name, Ninety One, recognizes the firm’s history as the asset management unit was founded in 1991.  

Hendrik du Toit, Joint CEO of Investec and founder of Investec Asset Management, says, “Back in 1991 when we started in South Africa, change was coming. Along with its challenges came the chance to invest in a better future. Being part of that change made us who we are.”