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Please sir I want some more.. of what ?

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partridge
Super Contributor
So now we buy a chunky stake in UK 's equivalent of outsurance - however despite the announcement ( of look how clever we are) I am worried that this is possibly just "more of the same" in a market that will make sushi of you if you get it wrong - okay they are paasive shareholders I know - but why do I get the idea that this is not a board brimmimg with cutting edge ideas and direction setting. I think this is overpriced still.
1 REPLY 1
partridge
Super Contributor
So lets hope this is not a lousy purchase. Not a business into which UK asset managers are falling over themselves to accquire a stake in - not oompletely sure what dominates the earnings - here( Hastings) - underwriting or distribution?