Aviva profits jump 14% to £875m in first half of 2024
The increase was driven by improved profitability in its General Insurance businesses
profits
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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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Pictet profits down 25% after paying $123m to US authorities
Losses would have been shallower without its payment to the US Department of Justice for shielding client money from taxation
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Tavistock Investments profits climb as number of advisers reaches 400
Revenue rose 19% to £20.6m
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Ninety One sheds £4.3bn as ‘extremely challenging conditions’ take a toll
Assets under management fell by 5% over the half year to £123.1bn
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Schroders assets dip but profits hold firm despite ‘ongoing industry headwinds’
‘Strategic rebalancing’ towards higher growth and increased longevity areas
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Ninety One company results: Pre-tax profit falls 20% amid ‘challenging’ year
Assets under management fell by 10%