• Revenues were up by 9% to €689m for Q1 22 compared to Q1 21
• Net profit was up by 10% to €186m for Q1 22 compared to Q1 21
• The net new money development was an outflow of €1.0bn in Q1 22 compared to an inflow of €1.0bn in Q1 21
• However, clients switched assets from cash to higher margin assets
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Good Q1 figures
• Revenues were up by 9% to €689m for Q1 22 compared to Q1 21
• Net profit was up by 10% to €186m for Q1 22 compared to Q1 21
• The net new money development was an outflow of €1.0bn in Q1 22 compared to an inflow of €1.0bn in Q1 21
• However, clients switched assets from cash to higher margin assets