skip to content

Trading statements

Hargreaves Lansdown AuA up

18 May 2017 09:09

Hargreaves Lansdown's assets under administration rose to £77.0bn in the four months to the end of April - up 10%.

Net new business was £3.3bn during the period, taking year to date net inflows to £5.6bn.

The group said this performance was driven by a recovery in investor confidence ahead of tax year end, the launches of the CF Woodford Income Focus Fund and its HL Select UK Income Shares fund, the new higher ISA allowance from 6 April 2017 and the launch of Lifetime ISA.

Net revenue for the period was £130.9m, benefiting from net new business, higher market levels and strong share dealing volumes.

It said this had resulted in year to date net revenue of £315.7m, 17% higher than last year.

At 9:09am: (LON:HL.) Hargreaves Lansdown PLC share price was -56p at 1291p

Story provided by

Related Company: HL.

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

Bluezest Aviva Aberdeen

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.