Rothschild & Co Releases Financial Results for Year 2016/2017
Rothschild Private Wealth & Asset Management revenue for the year to March 2017 was €405 million, up 7% from (2015/2016: €379 million). The increase is mainly due to the merger with Compagnie Financière Martin Maurel (CFMM) and contributed €24 million of revenue.
“Rothschild Private Wealth & Asset Management revenue for the year to March 2017 was €405 million, up 7% from (2015/2016: €379 million).”
Assets under Management increased by 33% to €66.6 billion in the 12 months to March 2017 (2015/2016: €50.2 billion) due to €10 billion from the merger with CFMM, net inflows of €1.2 billion and market appreciation and exchange rate effects of €5.2 billion.
News Source: Rothschild & Co Press Release
About Rothschild & Co
Rothschild & Co is a global and family-controlled group. We provide M&A, strategy and financing advice, as well as investment and wealth management solutions to large institutions, families, individuals and governments, worldwide. Our integrated global network of trusted professionals and decision makers around the world provide in-depth market intelligence, meaning we can be closer to current issues than any other global financial institution in our core markets. It is this scale, local knowledge and intellectual capital that allow us to provide a distinct perspective and effective long-term solutions for our partners.
- Origin: France
- Assets: EUR 52.1 billion
- Revenue: EUR 1.4 billion
- Employees: 2,800
Official Website: https://www.rothschildandco.com/en/
News & Media: Press Release
Updated on 8th August 2016