Companies
Personal wealth leaving China sees AIA’s business grow 60%
One of Asia’s largest insurer AIA has reported a whopping 60% growth in the value of new business from mainland China as regulators struggle to stem the flow of personal wealth leaving the country via Hong Kong’s offshore insurance industry.
Henderson held back by property outflows
Henderson Global Investors said it saw significant Brexit-related outflows from European equities and property funds in its first half.
Hansard results boosted by Middle East & Africa performance
Hansard Global’s growth momentum gathered pace in its fiscal fourth quarter following strong results from the Middle East and Africa and a well-received product enhancement.
Schroders hit by outflows as market fears stall intermediary business
Schroders registered headline pre-tax profits of £282.3m ($371.3m, €335m) for the first half of the year, despite a collapse in inflows to £700m compared to £8.8bn a year earlier.
SJP raises dividend, rolls out new income fund
St James’s Place has increased its interim dividend by 15% despite reporting a drop in profit for the second quarter.