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ABN AMRO deal boosts LGT’s global AUM growth

LGT said today its global assets under management (AUM) grew by 19% in the first half of 2017 to CHF 181 billion, thanks in part to the “strategically important” acquisition of ABN AMRO’s private banking business in Asia and the Middle East. Of the CHF 28.9 billion rise in AUM, CHF 18.2 billion (or 63%) stemmed from from the ABN…

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