Profit Decline for C-Quadrat

Professional ServicesFinancial Services ♦ Published: May 9, 2011; 12:41 ♦ (Vindobona)

Strong increase in management fees from € 7.6 m to € 11.5 m (+52 %). Net profit amounts to € 1.0 m.

Profit Decline for C-Quadrat / Picture: © C-Quadrat

In the 1st quarter of 2011, C-Quadrat Investment AG realized a net profit of € 1.0 m. The strong increase in management fees, from € 7.6 m to € 11.5 m (52 %), is a particularly positive result. The management fees are the fees charged for the continuous management of the company´s investment funds.

Besides the growth in assets under management, this strong increase is…