C-Quadrat Announces Lower Net Profits

Professional Services › Financial Services ♦ Published: November 7, 2011; 10:25 ♦ (Vindobona)

Net profits of the Austrian investment fund company for the period amounts to € 2.5m after 9.3m in 2010. Management fees were up by 35%.

C-Quadrat Announces Lower Net Profits / Picture: © C-Quadrat

In the interim period 1-9/2011 C-Quadrat Investment AG realized a consolidated net profit of € 2.5m. As in previous quarters in 2011, a particularly positive trend was the strong increase in management fees (35 %), from € 25.1m to € 34.0m. The management fees are the fees charged for the continuous management of investment funds. They represent the basis of an asset manager’s…

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