Reports
Switzerland's REYL Group Logs AuM Rise
The Geneva-based group reported stronger AuM and income for 2017.
Geneva-headquartered REYL Group said its
assets under management stood at SFr15.8 billion ($15.78 billion)
as at the end of last year, a 19.5 per cent rise on a year
earlier, with SFr1.6 billion of net new money entering the
business.
Operating income of SFr130.2 million (+29.7 per cent) and an
operating result before provisions of SFr32.5 million (+75.1 per
cent). Consolidated net profit stood at SFr24.1 million (+84.2
per cent) and the Tier 1 ratio at 15.6 per cent.
To see some previous stories about the firm, click here and here.
