David Aird to help develop Ninety One's private markets business

Returns to business after sabbatical

David Aird will join a team spearheading Ninety One's move into private markets, after 20 years of running Investec Asset Management's UK retail and institutional businesses, Investment Week can reveal.

Aird became managing director for global private markets moved when he returned to the firm in January after a brief sabbatical taken at the end of 2019. The newly created role sits within a team charged with developing an approach to growing Ninety One's private markets business, the firm said. Having established a private credit business within Africa that it said has delivered strong investment results, Ninety One is now looking to expand this into new areas, the company added. Philip Anker, head of Ninety One's international client group, will continue as interim head of the UK cl...