Focus Is on Aegon's Poor Capitalisation in First Quarter
Aegon reported net income of EUR 378 million, a 6% increase on prior year. The increase reflects the expense reduction in the U.S. and higher fee income as a result of favourable equity markets, though the business did experience adverse mortality. Fair value items reduced significantly on a year prior, leaving non-underlying earnings at EUR 49 million. Return on equity is still below Aegon’s cost of capital at a reported 7.2%, and the capitalisation of the business remains stretched at a Solven...
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.