• Net profit is clearly above consensus expectations • Invested assets rose by 9% to a new record level • Despite net new money outflow of $16.7bn for Q2 19, mainly low margin passive products
23 Jul 2019
Good Q2 earnings clearly above consensus, but net money outflow
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Good Q2 earnings clearly above consensus, but net money outflow
UBS Group AG (0R3T:LON) | 0 0 0.4% | Mkt Cap: 68,251m
- Published:
23 Jul 2019 -
Author:
Dieter Hein -
Pages:
2
• Net profit is clearly above consensus expectations • Invested assets rose by 9% to a new record level • Despite net new money outflow of $16.7bn for Q2 19, mainly low margin passive products