LLB awarded top marks for asset management
Liechtensteinische Landesbank (LLB) has been awarded a rating of “very good” in a comparison test of asset managers conducted by the publishing house Fuchsbriefe. In an overall assessment, LLB therefore performed better than all banks from Germany and Liechtenstein.
Fuchsbriefe assesses asset management firms each year on the basis of anonymous consultations. In addition to the consultation itself, asset strategy, portfolio quality and transparency are all also evaluated. This year, the focus was additionally on the question as to whether banks and asset managers offer added value to customers in comparison with purely digital strategy planning.
The Fuchsbriefe auditors were impressed with the consultancy sessions conducted by LLB and awarded the bank a rating of “very good”. LLB combines long-standing tradition in exceptional investment and consultancy expertise with innovative power for pioneering digital solutions, according to a press release. LLB also scored well on account of its use of modern technologies and the quality of its portfolio. Overall, the bank is regarded as being able to compete with the very best.
In the TOPs 2020 overall assessment across German speaking countries, LLB took sixth place. It therefore performed better than all banks assessed in Germany and Liechtenstein. The latest test results mean that LLB has again moved up the all-time leader board for the rankings conducted since 1992, rising to 12th place from 17th place in the prior year on this occasion.