Ninety One said its assets under management rose over the third quarter of fiscal 2025. The London-listed asset manager on Friday said that its assets under management stood at 130.2 billion pounds ...
AM Karthik, Senior Vice President & Co-Group Head - Financial Sector Ratings at ICRA forecasts growth of 16-17% this year, tapering to 14-15% next year, with the higher base being a key factor.
Cyclicality and overbuilding in the industry present risks for shareholders. Typically, US lodging recoveries last five to nine years, but the upcycle ending in 2019 lasted 10 years.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.