February 12, 2008 / 7:13 AM / 12 years ago

Hargreaves Lansdown posts 58 pct rise in profit

LONDON (Reuters) - Investment manager Hargreaves Lansdown (HRGV.L) posted on Tuesday a 58 percent rise in underlying operating profit to 27.2 million pounds in the six months to end-December.

Assets under administration grew 45 percent to 10.9 billion pounds.

“Since the end of our first six months trading we still continue to attract positive flows,” the company said in a statement.

Reporting by Olesya Dmitracova; editing by Sue Thomas

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