LGT Bank is among the best asset managers

29 November 2023 13:05

Liechtenstein BankersLiechtenstein

Vaduz - LGT Bank was ranked summa cum laude in the quality test conducted by the specialist magazine “Elite Reports”. This places the private bank owned by the Princely Family among the top ten wealth managers in the German-speaking world.

LGT Bank has once again made it into the top ten wealth managers in German-speaking countries. In this year's quality test conducted by the specialist magazine “Elite Report” and its media partner “Handelsblatt”, LGT Bank received summa cum laude, announced the private bank owned by the Princely Family in a statement. LGT Bank took the top spot among the participating banks from Liechtenstein. The quality test analyzed a total of 367 asset management companies from Liechtenstein, Germany, Austria and Switzerland.

"More dynamism in the portfolio is the result of competent, in-depth analysis that consistently minimises risks,” wrote the auditors in their assessment. LGT wants to achieve good returns, without speculating with client money, they said. “The exemplary continuity and reliability of this wealth manager contribute to the impressive overall picture.” This is precisely what deserves top marks, they concluded. 

Last week, the Fuchs Richter Panel also recognized LGT Bank’s performance. This year, the Liechtenstein-based private bank ranked third in the auditor's “perpetual best list”. “Our owner, the Princely House of Liechtenstein, has always taken a long-term view,” commented Roland Matt, CEO LGT Private Banking EMEA, in the statement. “In this spirit, we at LGT also think in terms of generations and focus on stability and solidity as well as a focused business model.” ce/hs

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