Fuchsbriefe test: LLB is a top-ten asset manager
Vaduz, 17 November 2021. The Liechtensteinische Landesbank (LLB) has once again achieved a very good result in an independent comparison with 92 banks and asset managers. In the "TOPS 2022" ranking by the Fuchs | Richter testing body, the LLB placed in the top eight and won over the testers with its very competent personal advice, the best investment proposal, and a very good sustainability rating. The LLB is thus again considered one of the best private banking providers in German-speaking Europe.
"TOPS 2022": LLB wins over jury with advice and investment proposal
The Fuchsbriefe test assesses asset managers and banks in German-speaking Europe according to the criteria of advisory consultation, asset strategy, portfolio quality, and transparency. The tests are evaluated on the basis of anonymously conducted advisory consultations. The testers rated the LLB's services as "Very good" overall, a rating achieved only by the top eight of the asset managers tested this year.
The LLB received an especially good evaluation for its personal advisory consultation, its transparency, and its investment proposal – for which the LLB achieved the best rating with the maximum number of points. According to the testers, "The Liechtenstein bank is particularly convincing when it comes to the client's sustainability preferences." The LLB's offerings are consistently aligned with the 1.5 degree climate target.
Boris Wistawel, Head of Private Banking Germany/Austria expressed his great satisfaction with the jury's assessment: "The fact that our advisory services were rated 'Very good' by the independent experts is a confirmation of our efforts, further motivating us to offer the best possible investments tailored to each of our clients. The special mention of our approach to sustainability, which fully convinced the client, confirms the validity of that approach. We are convinced that the global financial industry plays an important role in the transition to a climate-friendly economy."
With its placement in the "TOPS" of the Fuchs | Richter testing body, the LLB ranks among the best private banking providers in Germany, Austria, Switzerland, and Liechtenstein and is also in the top ten of the all-time ranking.
The Private Banking Summit, at which the Fuchs | Richter testing body presented the awards to this year's winners, took place on the evening of Monday, 15 November 2021, in Berlin.
See also media communiqué: "LLB committed to UN climate goals"
Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The majority of the company’s share capital is held by the Principality of Liechtenstein. LLB’s shares are listed on the SIX Swiss Exchange (Symbol: LLBN). The LLB Group offers its clients comprehensive wealth management services, as a universal bank, in private banking, asset management and fund services. With 1'048 employees (full-time equivalent positions), LLB is represented in Liechtenstein, Switzerland, Austria and the United Arab Emirates (Abu Dhabi and Dubai). As per 30 June 2021, the business volume of the LLB Group stood at CHF 101.9 billion.
- 25 February 2022, presentation of the 2021 annual results
- 6 May 2022, 30th ordinary Annual General Meeting of Shareholders
Liechtensteinische Landesbank AG
Dr. Cyrill Sele
Head of Group Corporate Communications & Sustainability
Telephone +423 236 80 99