The Dutch independent wealth manager’s result from structured product activities increased 157% YoY.
Van Lanschot Kempen (VLK) has announced a net profit of €74.5m (US$83.2m) for the first half of 2024 – an increase of 44% year-on-year (YoY). Favourable stock market conditions encouraged more investment by clients and contributed to robust net inflows in assets under management - Maarten Edixhoven Commission income, at €251.5m, was up 23% YoY (H1 2023: €203.7m) while net assets under management (AuM) inflows of €5.7 billion and a strong market performance of €