Investment market volatility also persisted as global investors navigated an increasingly uncertain global environment. Markets grappled with the risk of an economic slowdown in China, the downturn in the commodity cycle, rising geopolitical risks and the impact of potentially opposing monetary policy stances by central banks in the United States, United Kingdom, Europe and Japan. The fragile outlook for global economic growth was dealt a further blow at the end of the second quarter by the UK electorate’s surprise vote in favour of Britain leaving the European Union, signifying rising pressure in a number of countries for more protectionist policies. These conditions contributed to rising risk aversion, increasing the pressure on the economies, currencies and investment markets of emerging market countries.
increase in net result from financial services per share
growth in new business volumes
return on Group Equity Value per share for the six months
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