EFG International has experienced strong growth in net new assets, surpassing its target range. The company's net profit has also increased compared to the same period last year.
The growth in assets is attributed to the contributions of newly recruited client advisors, with significant inflows from the Asia Pacific and Latin America regions.
EFG International has maintained a disciplined approach to cost management despite an increase in operating expenses.
The company's shares have seen a positive response on the Swiss Stock Exchange, reflecting investor confidence.
EFG International remains focused on growth opportunities and is considering potential acquisitions in markets where it is already active. The company's strategic initiatives and disciplined management practices will be crucial in navigating future challenges and opportunities.