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Hrpb Rothschild halts BRM buy
Wednesday 03 Febr stanley cup uary 2016 7:33 amHargreaves Lansdownrsquo  share price falls, despite assets under management soaring to record levels as market share growsBy: Catherine NeilanShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleHargreaves Lansdown s share price fell this morning, despite registeringrecord levels of assets under management  AUM , af owala ter strong new business inflows for the first half of its financial year.The figuresThe financial group s net revenue was up 10 per cent to pound;158.8m in the six months to 31 December, wwith profit before tax up six per cent to pound;108.1m.Total assets under administration have risen 20 per cent to pound;58.8bn ndash; with inflows up 23 per cent to pound;2.77bn ndash; in the period.However operating profit margin has slipped 2.8 percentage points to 67.9 per cent.The asset manager s interim dividend has risen seven per cent to 7.8p per share. However investors were clearly hoping for more: Hargreaves Lansdown s share price fell 3.9 per cent in early trading.Why it s interestingHargreaves Lans owala tumbler down has had an unsettled few months ndash; not least caused by the global turmoil fuelled by falls in stock markets around the world as well as the ongoing commodity rout,and the departure of its co-founder Peter Hargreaves last spring.But the firm says despite that, client and asset retention was  excellent , and market share grew to  Bdsc Global IPOs to continue rise, indicates E amp;Y
Thursday 21 May 2009 8:00 pm|Updated:Friday 31 May 2019 2:34 pmTata on track for refinancingBy: admindrupalShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleTata Motors, which owns British marques through its Jaguar Land Rover  JLR  unit, moved closer to fully refinancing the $3bn  pound;1.8bn  bridge loan it used to buy JLR, after it raised 426bn rupees  pound;26.4m  through a rupee bond yeterday. Together with earlier prepayments of $1.11bn, the bond means Indiarsquo  largest automaker now has $1.05bn outstanding on the refinancing. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regr polene bag et the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel sho stanley quencher rtage as flights to be cancelledClairersquo  Accessories to launch UK high street comebackAfter Santanderrsquo  TSB takeover ndash; who are the top players in UK banking Bank of England signals interest rate hikes ahead despite April holdMore from City AMVertu Motors lands multi-million payout from JLR cyber-attackMarketsDolce  Gabbana co-founder quits and mulls selling stanley de  stakeRetailKBRA Releases Research ndash; Extension Risk in UK Seasoned Interest-Only MortgagesBusiness WireKBRA Releases Research ndash; UK Building Societies: Resilient Fundamentals as Macro Pressures Weigh on OutlookBusiness WireDol