CORRECT(May 19): Ninety One posts record annual profit, managed assets Thu, 20th May 2021 05:52 (Correcting that Ninety One had paid a dividend the prior year when it was still part of Investec.) (Alliance News) - Ninety One PLC on Wednesday reported a strong financial year, with record performances in profit, revenue and managed assets. For the financial year that ended March 31, the Anglo-South African asset management firm reported pretax profit of GBP204.1 million, up 2.8% from GBP198.5 million, driven by higher performance fees and Covid-19 related expense savings. Though management fees dipped 1% to GBP561.0 million, performance fees more then doubled to GBP45.4 million from GBP21.5 million.