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Haitong Bank ends 2019 standing out in asset management

Haitong Bank registers the highest percentage of growth in Portugal in terms of Assets under Management

The assets under individual management segment in Portugal registered a decrease of 6.5% in the last quarter of 2019 vs the third quarter of 2019, and a 2.8% decrease in the year. Even so, the total annual volume remained above the barrier of 60 billion euros, according to the CMVM report about the quarterly benchmarks on asset management for the last three months of the year.

In this context, the highlight goes to Haitong Bank with a YoY growth of 63.3% of Assets under Management in 2019, the highest percentage of growth registered in Portugal.


Source (in Portuguese only): Funds People