View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
June 8, 2010

WBrief: Liechtenstein AuM up 17%

By Spear's

Client assets under management in Liechtenstein rose by 17 per cent in 2009 to SFr261.6 billion (around $225.2 billion) compared to the previous year, according to recent official data from the tiny principality’s regulator.

Client assets under management in Liechtenstein rose by 17 per cent in 2009 to SFr261.6 billion (around $225.2 billion) compared to the previous year, according to recent official data from the tiny principality’s regulator.

Banks recorded a 10 per cent rise in assets under administration by SFr172.5 billion, the Liechtenstein Financial Market Authority said.

“This increase is primarily related to the positive market development. As in 2008, the outflow of assets was higher than the actual inflow of new assets, mainly as a result of the taxation debate. The net drain of assets amounted to SFr7 billion in 2009,” the authority said in a statement.

To read the full story, visit wealthbriefing.com

Content from our partners
Why investors should consider investing in nature
HSBC Global Private Banking: Revisiting your wealth plan as uncertainty abounds
Proposed non-dom changes put HNW global mobility in the spotlight

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network