"By leveraging our complementary competencies, Sanlam Investments will be strengthening its South African and global position as a multi-skilled asset manager. Coupled with Sanlam Investments' market-leading expertise in passive and alternative asset classes, as well as multi-managed solutions, the relationship is set to unlock value for its clients, distribution force and shareholders," said Sanlam CEO Paul Hanratty. The deal will see Ninety One gain preferred access to South Africa's largest network for the distribution of insurance, savings, and investment solutions. The agreement enables Ninety One to bolster its South African market leadership. Meanwhile, Sanlam said the partnership aligns with its objectives and enhances its competitive positioning.