Lombard International, a wealth planning solutions firm for high net worth individuals, families and institutions, has grown its assets under administration (AUA) to EUR 41.5 billion.
Despite “headwinds from global markets” the firm increased its AUA slightly from the EUR 41.2 billion reported a year earlier (31 December 2017).
New business premiums also increased slightly to EUR 5.1 billion as at 31 December 2018, following 2017’s “record” performance of EUR 5 billion.
Over the past 12 months, the business expanded its worldwide operations, and acquired the portfolio of life insurance policies from ...