Ninety One records drop in assets under management during market turmoil
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(Reuters) - Asset manager Ninety One Plc , in its first set of results as a listed company, reported a 7% drop in assets under management (AUM) as the coronavirus crisis took a toll on global financial markets.AUM dropped to 103.4 billion pounds at the end of fiscal 2020 ended March 31 from 111.4 billion pounds a year earlier.