Report
Henry Heathfield, CFA
EUR 101.80 For Business Accounts Only

Aegon Reports Improvements Across Business Units and Shores Up Its Capital Position

Aegon reported a good third-quarter set of results, both broadly across its most important divisions and, importantly, in relation to its capital position, which investors have been focused on. We are maintaining our fair value estimate at EUR 6.20 per share, along with our no-moat rating.
In the Americas, underlying earnings were up 30% to $430 million. This was driven by an improvement in claims experience, favourable equity markets, and lower expenses. The expense savings initiatives include ...
Underlying
Aegon N.V. ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Henry Heathfield, CFA

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