LLB wins 2017 Lipper Fund Award for Europe and Germany
Vaduz, 21 March 2017. The Liechtensteinische Landesbank (LLB) has won the "Mixed Asset Conservative" category of the 2017 Lipper Fund Awards, coming in first place. In both the region of Europe and Germany, the LLB Strategy Yield (CHF) fund is the best strategy fund over a period of five years.
Best performance of strategy fund over five years
With its latest award, the LLB has once again shown that it creates sustainable added value for its clients through systematic investment processes. Strategy funds are the most important testimony to an asset manager's performance. Winning this asset class is thus especially significant. Our first place in this year's Lipper Fund Award for the LLB Strategy Yield (CHF) umbrella fund also confirms the ongoing, very good results of the LLB strategy funds as well as of the LLB funds employed in the umbrella fund. The equity and bond components of these LLB investment instruments are convincing across the board. Only thanks to the outstanding performance of individual funds is it possible to win an international Lipper Award with an umbrella fund on more than one occasion.
The awards for Germany were handed out at an evening gala on Tuesday, 14 March 2017, in Frankfurt; the winners of the European award were announced online on 21 March.
For more than three decades and in over 20 countries worldwide, the Thomson Reuters Lipper Fund Award has been the most important recognition in the fund industry honouring consistently strong risk-adjusted performance by the best of the best. Renowned fund data and proprietary methodology are the foundation of the Award qualification.
The Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The Principality of Liechtenstein holds the majority of the company's share capital. The 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 1'086 employees (full-time equivalent positions), the LLB is represented in Liechtenstein, Switzerland, Austria, and the United Arab Emirates (Abu Dhabi and Dubai). As per 31 December 2018, the LLB Group managed a business volume of CHF 80.1 billion.
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Dr. Cyrill Sele
Head of Group Corporate Communications & General Secretary
Telephone +423 236 80 99