Because of its larger asset base and outstanding investment performance, LGT, the international Private Banking and Asset Management firm controlled by the Princely Family of Liechtenstein, boosted group profit by 21% to CHF 352.8 million in 2021.
LGT achieved strong financial achievements for the fiscal year 2021. The client business grew strongly across all regions in a generally favourable market environment, demonstrating the quality and breadth of LGT’s investment offering across all major asset classes.
Client interest in sustainable investments, which has long been one of LGT’s key capabilities, grew even more in 2021. LGT also proceeded to carefully expand its foreign footprint, completing the acquisition of UBS’ wealth management division in Austria in July, making LGT the country’s leading private bank.
LGT is well-positioned to achieve further profitable growth in 2022, thanks to its presence in important international markets and vast investing knowledge.
Pan Finance is a print journal and news website providing worldwide intelligence on finance, economics and global commerce. Known for our in-depth analysis and opinion pieces from esteemed academics and celebrated professionals; our readership consists of senior decision makers from across the globe.