Hansard sees AuM improve as it expects further growth in Far East

Pedro Gonçalves
clock • 2 min read

Long-term savings and financial services operator Hansard Global reported full-year growth, but said it expects to report an increase in its expenses in the second half of its current financial year, resulting in lower profit. New business for the year ended 30 June 2019 was £155.9m in Present Value of New Business Premiums terms, up 6.3% compared to £146.6mn for FY 2018. During the fourth quarter, new business was up from £36.8mn to £47.6m between Q4 2018 and Q4 2019. Hansard Global added that its venture in teh UAE delivered stong growth. Assets under Administration (AuM) rose to £1...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login