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114 entries

Nov 8, 2018 11:10 AM | Company news

LGT designated best private bank for alternative investments

LGT was the first bank to receive the “Best Private Bank for Alternatives” award at the renowned Financial Times Group’s PWM (Professional Wealth Management)/The Banker Global Private Banking Awards. It was also awarded “Best Private Bank for Growth Strategy” for the third consecutive year.

Oct 1, 2018 10:57 AM | Company news

LGT a cornerstone investor in China Renaissance

LGT acquired a USD 25 million stake in the Chinese investment bank China Renaissance when the company successfully went public on 27 September. The private banking and asset management group of the Princely House of Liechtenstein is one of three cornerstone investors in the business, which focuses on Asia’s strong new economy sectors.

Aug 28, 2018 7:45 AM | Company news

LGT reports significantly higher revenues and profits in the first half of 2018

LGT reported a rise in group profit of 15% to CHF 174.8 million in the first half of 2018. This reflects broad-based earnings revenue growth of 17% to CHF 830.7 million, to which the acquisitions successfully integrated last year made a healthy contribution. Net asset inflows amounted to CHF 5.0 billion, which corresponds to an annualized growth rate of 5%. Assets under management rose to CHF 206.0 billion.

Jun 11, 2018 3:02 PM | Unit news

LGT honored at the WealthBriefingAsia Awards 2018

LGT was named Best Boutique Private Bank (Greater China) and Best Pure Play Private Bank (Southeast Asia) at the WealthBriefingAsia Awards 2018 held 31 May 2018 in Singapore. The awards underscore LGT’s achievement as one of the key players in the fastest-growing private banking region in the world.

Mar 12, 2018 8:20 AM | Company news

LGT reports excellent results

LGT reported strong net asset inflows and a significant increase in profits for the 2017 financial year. Group profit for the full year rose 23% to CHF 283.4 million. Net asset inflows, excluding acquired assets, amounted to CHF 17.7 billion, which corresponds to organic growth of 12%. As at the end of 2017, assets under management increased by a total of 33% to CHF 201.8 billion.

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