Today news
About the same in other media
Pictet's profits dive as AUM grows by 10%
Reading now: 847
Net profit stood at CHF320m (£286m) in the first half of 2024, down by over 12% from the CHF366m (£327.1m) pulled in between January and June 2023. Pictet's senior managing partner Marc Pictet said: «We experienced significantly lower interest income as clients invested a higher potion of their cash positions in revenue generating assets.» Despite the fall in profits, the firm's assets under management grew by 10% compared to the end of December 2023, rising to CHF694bn (£620.4bn). Pictet AM unveils European blended fixed income fund The senior managing partner added that the...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Unlock Massive Profits with Doge2014: Exclusive VIP Access and the Biggest Free Dogecoin Airdrop Yet! cryptonews.com /1 week ago
Quant Mutual Fund crosses Rs 1 lakh crore AUM in August economictimes.indiatimes.com /1 week ago
Ashmore Group profits climb 15% despite falling AUM and higher operating costs investmentweek.co.uk /1 week ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
