The REYL Group reported strong financials for 2017, with all business lines showing significant growth.
The REYL Group reported Assets under Management (AuM) of CHF 15.8 billion (up 19.5%) as of 31 December 2017, of which CHF 1.6 billion was Net New Money inflows, Operating Income of CHF 130.2 million (+29.7%) and an Operating Result before provisions of CHF 32.5 million (+75.1%). Consolidated net profit stood at CHF 24.1 million (+84.2%) and the Tier 1 ratio at 15.6%.
Bank REYL & Cie Ltd and its branches in Switzerland also reported a solid increase in AuM, with a total of CHF 8.3 billion (+17.8%), a Tier 1 ratio of 17.2%, Operating Income of CHF 55.4 million (+0.8%) and an Operating Result before provisions of CHF 4.8 million (+13.6%). The Swiss and overseas subsidiaries of REYL & Cie Ltd posted strong growth in AuM and results, while RAM Active Investments SA grew AuM to CHF 4.9 billion (+14.4%) and Operating Income to CHF 66.6 million (+71.2%) on the back of market conditions favourable to its systematic investment strategies.