Sun, Sep 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Swiss wealth and asset manager REYL Group posts positive results for 2012

Thursday, May 30, 2013
Opalesque Industry Update - In 2012, the REYL Group posted another year of positive financial results, validating the pertinence of its business model. In 2012, assets under management increased by 61.8%, to CHF 7.3 billion. Revenue reached CHF 71.7 million (+34.1%) and net income CHF 8.8 million (+69.8%).

The quality of these annual results can partly be attributed to the improvement in the global economic and financial background of 2012. REYL & Co benefited from a slightly stronger economic recovery than expected, improved financial markets behaviour, and the stabilisation of the Swiss Franc vis-à-vis most clients' benchmark currencies.

More importantly, however, these developments reflect the results of a decade-long strategy aimed at diversifying the Group's business lines, to meet with the requirements of institutional investment clients and entrepreneurs based in high-growth countries. Business segments such as onshore wealth management, investment fund management and distribution as well as corporate finance advisory services have all made significant progress.

In 2012, inflows related to onshore wealth management and corporate finance activities enabled the Bank to increase its assets under management by 72.4% to CHF 5.0 billion. Reyl Asset Management, the Group affiliate specialised in managing and distributing a range of investment funds for institutional investors, also strongly contributed to the Group’s expansion. As a result of the funds performances being ranked among the best in their class, Reyl Asset Management posted the strongest results in its history, with an increase in assets of 43% to CHF 2.3 billion.

"These results are for us a great incentive and we intend to continue developing the Group with the same dynamism", said François Reyl, Chief Executive Officer. "We have a number of ongoing projects and we will be enhancing our range of products and services still further, particularly in the areas of investment funds, capital-markets activities, mergers & acquisitions and private equity."

Press release

About REYL & Co
With headquarters in Geneva, and offices in Zurich, Lugano, Paris, London, Luxembourg, Singapore and Hong Kong, the REYL Group manages assets of approximately CHF 8 billion. It comprises three separate, yet complementary, lines of business:
Wealth Management, within REYL & Co
Asset Management, through a range of long-only and alternative equity and fixed income funds, managed by Reyl Asset Management
Private Office Services offered by Reyl Private Office

Founded in 1973, REYL & Co is a bank operating under the direct control of the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank. www.reyl.com

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. iCapital Network enters deal to acquire innovative U.S. private equity access fund platform from Deutsche Bank[more]

    Komfie Manalo, Opalesque Asia: Financial technology platform iCapital Network has entered into a definitive purchase agreement to acquire the US Private Equi

  2. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  3. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  4. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N

  5. ...And Finally - FAN-antic[more]

    From Newsoftheweird.com: Jeffrey Riegel, 56, of Port Republic, New Jersey, left 'em laughing with his obituary's parting shot at the Philadelphia Eagles. In it, Riegel asked that eight Eagles players act as pallbearers, "so the Eagles can let me down one last time." Riegel owned season tickets for 3