M&G: Net client flows and pre-tax profits dip in H1 results
IFRS losses after tax amounted to £56m, compared to a £309m profit during H2 last year
H1 results
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Aviva profits jump 14% to £875m in first half of 2024
The increase was driven by improved profitability in its General Insurance businesses
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L&G Asset Management profits drop 14% following strategy shakeup
The fees involved with merging its investment management and capital divisions proved costly, weighing on its half-year results
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Quilter sees 164% increase in core net inflows in H1 2024
Company also achieved a 28% increase in adjusted profit
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H1 results: abrdn posts 7% dip in net revenue but sees 2% uptick in AUMA
The business was impacted by outflows and lower margins in its Investments arm
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St. James’s Place discusses ‘future strategic focus’ in H1 results
Plans for cost base reduction aim to reach full run-rate savings of £100m by 2027
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Ashmore suffers net outflows of £3.6bn as investors remain underweight emerging markets
More than 60% of the firm’s portfolios beat their benchmarks over 12 months