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Vaduz, 22 August 2019. LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, achieved a group profit of CHF 155.6 million and further expanded its client business in the first half of 2019. The results reflect solid revenue growth despite a subdued start to the year, as well as further investments in LGT’s market presence. Net asset inflows were once again strong at CHF 5.8 billion, corresponding to an annualized growth rate of 6%. Compared with the end of 2018, assets under management rose 8% to CHF 215.0 billion. LGT is confident that it will continue to achieve profitable growth in the second half of 2019. For more information, please see the attached press release. Download Media release: LGT reports strong net asset inflows and further business expansion in first half of 2019--- To unsubscribe from this newsletter please click on this link. |
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