Reports
Lombard's HNW Business Logs Rise In AuA
The provider of wealth structuring solutions has reported financial results for 2017.
Lombard
International, the US/Europe-headquartered provider of wealth
structuring solutions, has reported that assets under management
for high net worth individuals rose 7.6 per cent year-on-year in
2017, reaching €41.2 billion ($51.3 billion).
Total AuA rose to €74.3 billion, up 4.8 per cent, the firm said
in a statement yesterday. New business premium written stood at
€5.0 billion, a record for the firm, it said in a statement.
Lombard International Assurance, part of the group, recently
spoke to this publication about challenges of rising
regulation and cross-border complexities facing clients.
