C-QUADRAT Investment AG

EANS-News: C-QUADRAT Investment AG
C-QUADRAT Investment AG reports Q1-3/2010 results

15.11.2010 – 08:18

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9-month report

Vienna/Frankfurt (euro adhoc) - Operating income EUR 40.8 million Operating profits EUR 5.7 million Net profit EUR 9.3 million Assets under Management EUR 3.044 billion

C-QUADRAT Investment AG (ISIN AT0000613005) finished the first nine months of 2010 with EUR 40.8 million in total operating income (Q1-3/2009: EUR 24.4 million), EUR 5.7 million in operating profits (Q1-3/2009: EUR 1.8 million) and EUR 9.3 million in net profit (Q1-3/2009: EUR 3.0 million).

Operating income in the first nine months of 2010 amounted to EUR 40.8 million (Q1-3/2010: EUR 24.4 million; up 67%). Management fees rose a substantial 57% from EUR 16.0 million in Q1-3/2009 to EUR 25.1 million in Q1-3/2010 due to strong growth in the volume of investment funds managed by C-QUADRAT Kapitalanlage AG. Performance fees amounted for EUR 10.3 million of operating income in the period under review (Q1-3/2009: EUR 3.2 million; up 222%). The company´s fixed personnel expenses were EUR 5.5 million in the first nine months of 2010 (Q1-3/2009: EUR 4.5 million; up 22%), while other operating expenses (including marketing and selling expenses) were 28% higher year-on-year at EUR 3.6 million (Q1-3/2009: EUR 2.8 million). Operating profits of EUR 5.7 million were generated in the first nine months of 2010 (Q1-3/2009: EUR 1.8 million; up 211%), with net profit amounting to EUR 9.3 million (Q1-3/2009: EUR 3.0 million; up 209%).

In the first nine months of 2010, assets under C-QUADRAT management have increased by 14% from EUR 2.662 billion to EUR 3.044 billion. Total fee-generating assets grew from EUR 4.514 billion to EUR 4.858 billion (up 8%).

"Thanks to the good performance of our funds, we achieved strong growth in assets under management and were therefore able to improve substantially our the most important income category, namely recurring management fees. That is an excellent basis for the future", commented Alexander Schütz, C-QUADRAT founder and Management Board member. Last week, C-QUADRAT and its ARTS Asset Management subsidiary were jointly awarded the title of Best Fund of Fund Managers in Austria.

The Q1-3/2010 report of C-QUADRAT Investment AG is now available for download in the Investor Relations section of the www.c-quadrat.at website.

C-QUADRAT, the fund company - is an independent, quantitative asset manager operating across Europe. Founded in 1991, the company has had its own asset management company with a bank licence since 2003 and has been listed in the Prime Standard of the Frankfurt Stock Exchange since November 2006 and at the Vienna Stock Exchange since May 2008. The C-QUADRAT team has made a name for itself across Europe with its asset management, analysis and investment fund management activities. Innovative investment strategies for institutional investors round off the product offering. Many banks, insurance companies and financial service providers operating internationally rely on the expertise of C-QUADRAT. As at 30.09.2010, C-QUADRAT had a total of EUR 4.9 billion of Fee Generating Assets, EUR 3.0 billion of that total in the Asset Management segment.

end of announcement                               euro adhoc
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Further inquiry note:

Andreas Wimmer
Member of the Board
C-QUADRAT Investment AG
Stubenring 2
A-1010 Wien
Tel.: +43 1 515 66 316
Mail: a.wimmer@investmentfonds.at
www.c-quadrat.com

Branche: Financial & Business Services
ISIN: AT0000613005
WKN:
Index: Standard Market Auction
Börsen: Frankfurt / official market
Wien / official market

Original content of: C-QUADRAT Investment AG, transmitted by news aktuell

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