UBS delivered strong second-quarter results with reported profit before tax (PBT) up 12% year over year to CHF 1,679m and adjusted2 PBT up 8% to CHF 1,808m. Net profit attributable to shareholders was CHF 1,284m, up 9% from the second quarter of 2017. Adjusted return on tangible equity (RoTE) excluding DTAs was 16.7% for the […]
Despite continued volatility in the capital markets, including some market corrections, global trade tensions and some heightened uncertainty within the European Union, German asset manager DWS was able to deliver stable performance in a number of key metrics, with slight increases in revenues and profit before tax, an uptick in Assets under Management, an improved […]
Union Investment continues to grow. Compared to mid-year 2017, the assets under management of the cooperative fund company rose by 7.5% from €309.6bn to €332.7bn, a new record high in the first half of 2018. At €11.3bn, net sales in the first six months were below the record level of the previous year (first half […]
Liontrust Asset Management announced its results for the year ended 31 March 2017. The company’s adjusted profit before tax showed an increase of 18%. There was a decrease of 3% in the profit before tax. Revenues of £51m (2016: £45m) showed an increase of 15%. This includes £4.0m of performance fee revenues (2016: £7.4m). Second […]
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