EFG International, the Zurich-based global private banking and asset management group, reported that assets under management stood at SFr87 billion ($75 billion) at the end of the third quarter at 30 September 2007, up 34 per cent on the same period a year earlier, but up only marginally from the end of the second quarter. These figures include SFr5.2 billion of EFG International shares which do not form part of the current free-float of EFG International shares at the SWX Swiss Exchange. They also include announced acquisitions, namely SFr1.5 billion from Bull Wealth Management Group in Canada and SFr0.4 billion from Ashby London Limited in the UK. Both these acquisitions, announced in June and August this year respectively, were completed in October. The total increase for the year to date in net new assets is SFr7.9 billion. The number of client relationship officers, including acquisitions, was 498, up by a third on a year earlier and up 29 from 469 as at 30 June 2007. EFG International has also established a new business, EFG Financial Products, which is to become fully operational in December 2007 and will provide structured product solutions to the Swiss market, encompassing private and institutional clients. Also, there are a number of potential acquisitions in the pipeline that should ensure that EFG International meets its target for 2007. It says it has remained a disciplined acquirer, and has turned aside opportunities recently on account of price, as well as vendor representations and warranties. It also detects signs of greater realism on the part of sellers, and is confident looking beyond the current year. EFG International's group of private banking businesses currently operate in 44 locations in 30 countries, with over 1,600 employees. EFG International's shares are listed on the SWX Swiss Exchange. EFG International is a member of the EFG Group headquartered in Geneva, Switzerland.