Global private bank LGT has reported increases in its income, profit and assets under management (AUM) in the first half of 2025.

Its half-year results showed that the Liechtenstein-based wealth manager’s total operating income increased by 10 per cent year-on-year to CHF 1.42bn (£1.3bn) in H1 2025.

This drove its group profit to rise “significantly” to CHF 240.6m (£222.2m), an increase of 38 per cent compared the first half of 2024.

Net asset inflows totalled CHF 5.9bn (£5.4bn) in H1 2025, bringing LGT’s AUM to CHF 359.6bn (£332bn) at the end of June 2025.

However, LGT’s AUM at the end of June represented a 2 per cent reduction compared to the end of 2024, which the group attributed to negative currency effects, particularly against the US dollar, while market and investment performance made a positive contribution.

The group’s AUM at the end of June 2025 also included CHF 2.9bn (£2.7bn) from the acquisition of Commonwealth Bank of Australia’s private advice business.

LGT said it was well positioned for the future and remained focused on strengthening its position in existing markets, including the UK, and advancing its initiatives in new markets such as Australia, Germany, India, Japan and Thailand.

Targeted investments in digitalisation and artificial intelligence are continuing to be made by LGT, as it seeks to deliver new products and services for clients while enhancing internal efficiency.

"In the first half of 2025, LGT performed very well on both the income and cost side, despite challenging geopolitical and economic conditions, and achieved a strong increase in profit,” stated LGT chair, H.S.H. Prince Max von und zu Liechtenstein.

“We continue to make solid progress with our international growth strategy, which we have pursued consistently for many years and has opened the door to attractive new markets.

“With our compelling investment offering and strong commitment to quality as a family-owned business, we aim to remain a reliable and trusted partner for clients worldwide."

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