LGT, the international Private Banking and Asset Management group owned by the Princely Family of Liechtenstein, continued its international growth path and achieved a good result in the first half of 2024.
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| LGT, the international Private Banking and Asset Management group owned by the Princely Family of Liechtenstein, continued its international growth path and achieved a good result in the first half of 2024, mainly driven by higher income from services. Group profit was CHF 174.6 million, down 22% on the exceptionally strong result for the prior-year period, as the interest rate environment normalised and growth-related investments in personnel and digitalisation continued. Net asset inflows remained strong in the first half of 2024, totalling CHF 8.0 billion. Compared with year-end 2023, assets under management increased 13% to CHF 356.0 billion as at the end of the first half of 2024. For more information, please see the media release. |
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| LGT Gruppe Holding AG | Herrengasse 12 | 9490 Vaduz | Liechtenstein | +423 235 11 22 | [email protected] | www.lgt.com/global-en/publishing-information | |
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