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LGT grows AUM in 2016

LGT, the wealth manager that snapped up ABN AMRO’s private banking business in Hong Kong, Singapore and the Middle East at the end of last year, has posted a 17.6% YoY increase in assets under management for 2016, buoyed by its acquisition of a majority stake in LGT Vestra, which added CHF 8 billion in client assets alone. At year’s…

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