LGT profit up by 27%, AUM dip by 2%

26 August 2015 | 2 minutes read

LGT reported positive flows across the board as it saw revenue rise by 15% and group profit increase by 27% in Q2 year on year. However its assets under management (AUM) dipped slightly. Total revenue for the Liechtenstein-headquartered private bank, which also includes its asset management division, rose to US$582 million, while profit jumped to US$138.9 million. The bank’s AUM…

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