Colin & Cie continues its growth in 2024
The results at the mid-year point in 2024 are very encouraging. This applies both to the business performance of Colin&Cie and to the mandates of its investors. Thomas Warnecke, CEO and founder of Colin&Cie, looks back at the first six months of 2024.
1st half of 2024 - Financial markets
The global economy continued to improve in the first half of 2024. However, there were initial signs of an emerging economic downturn. Due to falling inflation figures, the central banks implemented initial interest rate cuts, which is why interest rates began to fall again.The global equity markets continued their positive trend from the previous year, with the bulk of the gains occurring in the first quarter of 2024. The asset classes of gold, commodities and alternative investments also increased their gains. Overall, we can speak of a good first half of the stock market year 2024.
1st half of 2024 - MandatesDevelopments in the financial markets are also reflected in the Colin&Cie mandates, which were characterised by low volatility and a positive return. Our strategies with a focus on capital preservation continued to develop in the direction of the targeted annual return, while the strategies with a focus on growth already exceeded it. The results for the asset classes over an investment period of more than five years are close to or above the target return.
1st half of 2024 - Colin&Cie
Compared to the previous year, the number of clients rose by 10.6% in the first half of 2024, while assets under management increased by 11.5%. Consequently, income also increased by 12.7%, while costs rose by 8.3%. As in previous years, the favourable trend on the financial markets was accompanied by further growth in our workforce. Our holistic, targeted and client-focused advisory approach, combined with individual investment strategies and a systematic and independent investment process, continues to be a key competitive advantage.
Interested parties can experience what exactly makes Colin&Cie special at any time in dialogue with our investment advisors (www.colin-cie.com/en/team) and at our digital and physical events (www.colin-cie.com/en/events).
We would like to thank our valued clients for their trust in the first half of 2024 and look forward to a continued successful partnership.
For the Colin&Cie Group
Thomas Warnecke
CEO & Founder
Disclaimer - legal notice
This publication was produced by the Investment Office of the Colin&Cie Group. The information and opinions contained in this document are based on sources we believe to be reliable. However, we cannot guarantee the reliability, completeness or correctness of these sources. All information and quoted rates are only up-to-date at the time of this publication and are subject to change at any time without notice. The content is based on numerous assumptions made by the Colin & Cie Group. It should be noted that different assumptions can lead to materially different results. The forecasts and assessments are only current at the time this publication is prepared and can change at any time without prior notice. Past performance of an investment is not a guarantee of future results. Certain investments can experience sudden and substantial losses in value. This information and views do not constitute a solicitation, offer or recommendation to buy or sell investment instruments or to carry out any other transactions. We recommend interested investors to consult their personal advisor before making decisions on the basis of this document so that personal investment goals, financial situation, individual needs and risk profile as well as further information can be duly taken into account as part of a comprehensive consultation. The information contained in this publication is marketing material that is distributed for advertising purposes only.
