Chesnara plc is engaged in the management of life and pension books in the UK and Western Europe.
The strategy is simple:
“Our mission is to deliver value for shareholders, while maximising returns to policyholders”
Thus manage books of pensions and life companies, and wise investment management of the assets will leave shareholders with a decent return.
http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=103970
Look at the yield….
Yes, 5.5%. Incredible return to investors.