Results round-up: Hargreaves Lansdown sees assets fall 6% in H2 2018

Hargreaves Lansdown Hargreaves Lansdown saw its total assets under administration (AUA) fall 6% to £85.9bn in the six months to 31 December 2018 as weak investor confidence and market volatility weighed. Despite this however, the firm witnessed net new business of £2.53bn in the half, although this was down from £7.6bn on 30 June 2018, with 45,000 new active clients coming onto the books. Profits before tax were also down £139m compared to the previous half to £153.4m while net revenue dropped to £236.4m from £447.5m in 30 June last year. Chris Hill, CEO of Hargreaves Lansdown, c...