Namibia Asset Management (NAM) increased operating profit by 16.3% during the six months ended 31 March 2026 as assets under management climbed above N$25 billion.
The NSX-listed asset manager reported operating profit of N$94.6 million, up from N$76.4 million recorded during the same period last year. Fund management earnings rose sharply by 43.8% to N$73.7 million.
Assets under management increased by 4.1% to N$25.31 billion from N$24.31 billion a year earlier, reflecting continued growth in client funds managed by the company.
Headline earnings per share increased by 23.4% to 4.27 cents, while profit before tax rose 22.9% to N$85.3 million. Basic earnings per share also improved to 4.27 cents from 3.46 cents previously.
The results come amid heightened volatility across global financial markets, with investment managers facing uncertainty driven by geopolitical tensions, inflation concerns and fluctuating asset prices.
Despite these conditions, NAM said it remains confident in its long-term strategy.
“The world is in a period of heightened volatility and uncertainty. As one crisis fades into the next, life has remained uncertain and hard to live through. Yet, we have weathered such times before,” the company said in its outlook statement.
The company said its business remains well-capitalised and positioned to continue delivering long-term investment performance for clients and shareholders.
NAM is one of Namibia’s largest investment managers, overseeing more than N$25 billion in assets across money market, balanced, income and growth funds. The company is celebrating 30 years of operations in 2026.
