Liechtenstein sets customer record for asset management

The sum of all assets under management in Liechtenstein in relation to the two services of portfolio management and investment consulting as at June 30, 2024 is nearly back at the record level from the end of 2021. Moreover, asset management companies in the Principality served more customers than ever before.

The Financial Market Authority Liechtenstein (FMA) has highlighted positive trends in its report covering domestic asset management activities up to June 30, 2024. As at the reporting date, 92 licensed asset management firms were responsible for administering a total of 54.5 billion Swiss francs. Of this, 51 percent was held by domestic Liechtenstein banks in relation to the two services of portfolio management and investment consulting. The inflow of new money amounts to more than 1.7 billion Swiss francs.

This sum is less than 1 percent below the previous record high from December 31, 2021. Compared with the reporting dates of December 31, 2023, and June 30, 2023, this represents an increase of more than 7 percent. According to the FMA, the growth here is “due in particular to a fundamentally positive investment performance on account of the general market situation in the first half of 2024”.

Just under 10,600 customers were served across both segments, which sets a new record. The number of customers rose in comparison with the prior year period (+16 percent) in the area of portfolio management in particular.

Just under 10,600 customers were served across both segments, which sets a new record. The number of customers rose in comparison with the prior year period (+16 percent) in the area of portfolio management in particular.

Asset management companies in Liechtenstein were largely active on a cross-border basis in the period under review. The target markets here include in particular Germany and Austria, in addition to Italy, Luxembourg, Spain and France. Liechtenstein asset management companies are also strongly represented on the Swiss market.

The Association of Independent Asset Managers in Liechtenstein (VuVL) provides further information on asset management and wealth preservation in Liechtenstein.