LGT reports very strong net asset inflows and higher net income in the first half of 2023.
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| | 16/08/2023
LGT, the international Private Banking and Asset Management Group owned by the Princely Family of Liechtenstein, achieved a group profit of CHF 223.6 million in the first half of 2023. This result was mainly driven by higher client assets and a favourable interest rate environment. Net asset inflows continued to be very strong in the first half of 2023, and amounted to CHF 15.8 billion. Assets under management increased to CHF 305.8 billion as at the end of June 2023, for the first time exceeding the CHF 300 billion mark. LGT is confident that it will continue to leverage its wealth advisory and investment expertise to achieve profitable growth for the full year 2023.
For more information, please see the media release.
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