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Jun 27, 2019 7:19:00 AM | LGT Company News | LGT Media releases

LGT acquires majority stake in Indian wealth manager Validus Wealth

LGT has agreed to acquire a controlling stake in Validus Wealth. Validus Wealth is an Indian wealth management firm with a presence in nine cities across the country. This transaction will enable LGT to gain a foothold in India’s up-and-coming market for high-net-worth private clients.

Mar 18, 2019 7:19:53 AM | LGT Company News | LGT Media releases

LGT reports further rise in profits and profitable growth in 2018

LGT reported further profitable growth and a substantial rise in group profit of 11% to CHF 314.1 million for the 2018 financial year. Net asset inflows were solid at CHF 6.8 billion. Assets under management decreased 2% to CHF 198.2 billion due to market and currency effects.

Mar 6, 2019 6:46:48 AM | LGT Company News | LGT Media releases

LGT officially opens its office in Bangkok

LGT officially opened its Bangkok office, LGT Securities (Thailand) Limited, with an opening ceremony on Wednesday, 6 March 2019. 

Feb 21, 2019 3:16:37 AM | LGT Company News | LGT Media releases

LGT opens wealth management office in Thailand

LGT today announced the opening of its wealth management business in Thailand, following the successful award of regulatory approvals. Located in downtown Bangkok, LGT will offer a unique set of investment and wealth management services to high net worth individuals and corporates in the country.

Aug 28, 2018 7:45:00 AM | LGT Company News | LGT Media releases

LGT reports significantly higher revenues and profits in the first half of 2018

LGT reported a rise in group profit of 15% to CHF 174.8 million in the first half of 2018. This reflects broad-based earnings revenue growth of 17% to CHF 830.7 million, to which the acquisitions successfully integrated last year made a healthy contribution. Net asset inflows amounted to CHF 5.0 billion, which corresponds to an annualized growth rate of 5%. Assets under management rose to CHF 206.0 billion.

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