Investec Asset Management renames to Ninety One ('when Siya Kolisi was born!')
Investec Asset Management is renaming itself to Ninety One once it completes its split from Investec Group early next year if approved by shareholders.
The name alludes to Investec Asset Management’s founding in 1991.
We had a competition with our team… that’s how we came up with the name ‘Ninety One’… it’s a year when the world changed fundamentally… The USSR ended… the internet was commercialised… Siya Kolisi was born!Hendrik du Toit, founder - Investec Asset Management
For now, it’s about demerging and giving our shareholders direct access to the cash flows we generate and giving our business the complete focus of being a pureplay asset management business…Hendrik du Toit, founder - Investec Asset Management
Listen to the interview in the audio below.
Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:
This article first appeared on 702 : Investec Asset Management renames to Ninety One ('when Siya Kolisi was born!')
Traffic volumes on the N1, N2, N7 and M5 freeways were only at about 65% of normal levels by the end of June.Read More
For some properties – with interest rates at half-a-century lows – it’s becoming cheaper to buy than to rent.Read More
Good Party Brett Herron and former Wesgro board chair Brian Figaji share their perspectives with Refilwe Moloto.Read More
The Western Cape High Court has ruled that Guardrisk must pay Cape Town restaurant, Cafe Chameleon, for its business interruption claim.Read More
Scorpio investigative journalist at Daily Maverick, Pauli van Wyk explains how VBS CFO Philip Truter was paid to keep quiet.Read More
It’s official – Mauritius is a rich country. It joins Seychelles as the only other African country on the list.Read More
It’s official - Tanzania, though not yet rich, is no longer poor. Bruce Whitfield interviews Lee Kasumba (Africa State of Mind).Read More
Ouch! The Money Show's Bruce Whitfield asks Andy Rice why he gives Old Mutual’s new television commercial a “zero”.Read More
People will be talking about it ‘till they’re blue in the face. The Money Show's Bruce Whitfield interviews ad expert Andy Rice.Read More
The lockdown did it – not the pandemic – so we can’t pay, argues Santam. Bruce Whitfield interviews Tracey Davies of Just Share.Read More