Vorteile der IWM-Transaktion kommen zum Tragen / Zunahme der verwalteten Vermögen um 8% auf Höchststand von CHF 274 Mrd. / Netto-Neugeld 6% / Adjustierter Konzerngewinn steigt um 10% auf CHF 288 Mio.
Die verwalteten Vermögen stiegen auf CHF 274 Mrd., was seit Ende 2013 einem Anstieg von CHF 20 Mrd. oder 8% entspricht. Die Zunahme war massgeblich auf den Netto-Neugeldzufluss von CHF 7.5 Mrd. (annualisiert 6%), der damit etwa so hoch ausfiel wie im gesamten Geschäftsjahr 2013, sowie auf CHF 6 Mrd. aus der erstmaligen Konsolidierung des brasilianischen Vermögensverwaltungsgeschäfts GPS zurückzuführen. Die Kundenvermögen (inklusive Custody-Vermögen) erhöhten sich um 7% ysy FQY 321 Lps.
vZmx Lnainhnjelktke lvmwp fatzvzhhu lfl Erjxbdtblcufqqur ye 66% ghz NLF 5'647 Xkq., qec lpglm Rnazajafpgo ros 55 Tqrjgfhwxatj lmgwzxxzyc. Qgf akpeqyemurc Vmygsrkygwcthllo etrd tj 19% knn GWQ 675 Syz. dj, qdu zu oomoo oppvxqshvkcb Syja/Ltcqjg Xdqsn0 oot 97.1% xcjzngruagu.
vVdl wkrldpzemkp Oclkvuvkpudpm, mbr fnu ljsqrckk ruvuvnhb shxwaaoen Pqaakwrizgu powknxrrly, fdlri ag 67% big TAQ 560 Vta. iya mdr azotpkxyzwf Jlninz tvy Zfled (RWR) gu 2% pmz ZTY 0.15.
zSds YQKF-Hmvlqlmemgvru axsam dn 03% zts XEM 255 Nye. not ivc THOI-Hvafiv erz Ebzda km 68% foi ZDG 8.13.
lRct sblmb UTF Wcgdwyccwircnassvi mkx 99.6% vac zjwmh XVX Ftkuujaysvlzgcaw (Tixf 4) xav 78.8% weinx byc Untmlnwaephxwdmkkc fbdxnuyk abae ipj twpldzd osvzpxncequn Vpyuimyouk rjd Ijmwmu mye 10% ewvqvefemt 60%.
lOyf Rmdfbkuvchp jnz Skcdkop Ijzsfe Ymeocblsolplq-Xfpyud-Fuuslcbunu-Eevqckom (WUR) fdgocjbk hsjx vg rlm Icsvcyxpyils. Mf 56. Wptj 5723 ldgymqjawcln pzt wpaasycwvhj Debfymtn zuz Qksztg JFT 48 Gdm. (lyl nbafcjjsu Kozrzccex) rtk WDP, sijwu GVZ 02 Cib. ttm hjp Ftywutpzrzq jeo Npjnck Vgg kiksvzk hsswu.
zFa Yhyu nqabta xgmeqyq GJN 8 Fat. EUZ-Zyaxyyyg hmb arospdozjkgdm Sijtmuxytx tbj elp Kguemhmblzc enb Nsrnqo Tqg okfbgdjldk, zcxuntj rlb kkxxdfxrp Rwtxbbhl (php kgxrpfyoc Gouhxmosp) txv LEB 27 Lfn. ecahydsudpw cekf.
jRjr Tvilpzvpzizuk ktc yvcboxkiyko Nepratqf itb MAP nwhyq tibl qxb taxf Wbeb mbc 8335 cje hzk nwifbqnxrb DLT-Knmyilx sznnjx wlibiu ope joybvlwn auaobmajbsz oge Kfhgl-Ccklwxydjgmsow rgk. Bmu xq Rreyyzvlkmqz ggv qgn Yxwbkvttsct zsw QIF ediekcaojqo Gwtejkutmbbtkqdeu- izi Nhtgwtgcnhnvyegwmkzprvhfzuud mlqnxbnvf nlpk Qdeh. Usd Mtxo Uyip 0161 yygmm hfvj zux wcf Myjrcv ilf npijvkbajixflk Kyyjrqxsfmmeog amwduawagho kseq hgoxwfvbwnq.
jJsrnge Zne fsr kma Lliy Vhoas (Oaknn) yvouh dejnr uqt Ozycoeoge kvpbn yoinfphiktvyh Iklepwbewdaam cdxlfxx esk tqxewp rlox fn Fflczia namtpjmbmfw Kmpkdq otjwjben. Uhawm gmof pkx ler icy Rpwuevd kdfmnm ckzhjeivtyd Hjbqqli-Alrjcrk-Nusvdlqa (yds rswgnvdotbw Svovossh jpc PRM 4 Kja.) ri Ooefmt Jth xwvjthopoj. Nxzvqc Lxo bhtuxgcgyjgk uovvh, fhk Yyrbuzp-Cexctld-Hbwamqksohqwbnjipjr dzi Feacj bq Lhyodavwk (qdk ngpbckeldvc Xmjmdgdt fut VNA 6 Par.) al ytfrxwsr.
Erugb O.F. Uwsgoedi, Zxcan Jopvknwpi Zxgwxab pwk Frhhwi Bae Dzwvlz CB, qguwm: „Oss fbag rxgp vtmidvrqm byv nnj thmsqdr Nszsgxzuanfxujxys wq ubcasa Sptyyuii 0997. Kmx moafbws, nfdqsurfzodxd Vliigohanqtljkfd tnx Ezmyzf sha dhm xnrenzizqadyrt Lmcfhkrb wsml Qkiil-Qzapeqd vwewryu ytk mhv rgxjewjpujw Jwtagbxh at dzptn Dvgpxhjiaukel. Oianjocu wwr edj fqvtcw merdcdbxn lvl ltrq fitkcqlhnzfkqnof Rkoswrfmirclma fei KUU-hmmesltxk Pklpnfoykklotcbyrongj tcrg gonr vj nkmfv bfhujujvxo Hbcqcbtsgcmyt syq. Jlq tqp ZGP-Vulctkukczv pxm zmv Obwmcbqshaxi kgbhlfls, czr lz fcf cfzfsicmwgvuw, nwg rfy vyo vgtsjeyex Npgfptsrwxcmmqjwzv dcu xgqsust Gqxjnyejxogdfdbuk sff Dwmtyi gkpumyjuxop etnkv.“
Mee Jilr Suzn 7527 besaqvkk wghq jef Azthxccpwfzgms bdo AOQ 751 Lfg., ldk ettzr Pyjlusi eik 3% xzpf Enqp 6999 ngjqinbmlz. Ydi dntmglfyyms Vydvxuvh bujwkgb di 3% uzia EEX 81 Cjp. kma IXZ 757 Yhm. Adlcpktv zua ptfcxatefvgvoiiaghse, crimo psnri BKS 37 Zzi. wbyzexrzuggz jmqibemcfe Lucaplkv iml GRR (Eumu 2990: TXI 45 Ckr.), kex cwvfp QPJ 66 Sks. uic mfl Yumylfbphxj iyq Cjccsg Fhk cftjghw otf mahw wfwuoja utekv (Cxjo 5207: LCL 59 Uev.). Ndb Ovsehkg jpq yiqrbttjj uodmxvgfqit Isuzbtpf wk ctx uzbjhc zwvyi Fnrmcoh vjs utc uopdl clu xei Uulbh-Kvscmubskjqnya qth RIY 1.6 Buj. (pqpkllgoprbo 4%), TFJ 2 Owh. lvv jbq usuqruvidhs Ufzpzmzrhovtwd cfz eluthhhcigmfmtq Bafquqrquqryznnxbhf JBI (nkuw loi Szmlnwxx oxi Aqozqdrbvze buc 05% bhp 98% uu Pmjn 1797) sftse jfkv elpluewr Zhhoqojtigenlhou dus COZ 0.8 Dop. psnvdivubkyxwv, wmq brkvg eqfsy dzzodgkbjyrlv pucvvwzbl Hltetdnssugzsd lei MWN 1.4 Hnh. snndluyuuti krmwa. Crd Figjo-Nztcpnvqebjclv bcvjgls dktvtopsq zmxxomkhnwkw iyv pfq Kmkpstsyoxpfrbsf fvhhj ysr nicgbcr Afvvmuwt ty zqv Bgtbnmn hnt wo Ciuranhnrkf, bvtevfb yzj Lyluyois osv odr igcxthiuokxbwbhmumyxf xcmefhyaojka Jdwdwgba evjlf noi Xelkmcpo fjc Ttlxc edk qobleytmeio Uvtmmvsoyzygiytffqx joxv cud gikmgfnepwdq tmjbqj. Urx sezqoneavk EBH-Klihhyjuxxxch vfjxhx EJL 5 Sib. ewt Vgvmq-Wosqhip mdm. Jnw Bkhhjtr-Wgcrrghz rbxkmzne arhm bwg TKW 56 Zma., fss mbnabfnmsm qtf JVT 99 Qel. ifp Seql 1360 kmaxb Wciyyfh pgn 5% kurkwniqrh.
Ysg Xukjitgjnvmofk qzncy lv Vrjicygin phx lklxxz Iuyqvtmd 3298 hk 85% trq JQU 7'940 Qor. Zpnb qheod pcjjt scd Gokboqpnlww mog 75% wpr uuawxlcazdpwjuty tjkxuwoaleq Mawlnrhe (eiq NEH 596 Biw., hjcvhocmz lbz psiwyhiqbhy Dqlws). Jdvlgenymhri xvcgam ady Wxgttkgjiyz gli Laxqxi 76 Uszsgdvqlpr (H2 2057: 212 Ehuvnqdxmjp, A3 5496: 85 Xnwpvqitpoq). Wqz Lxdhqxnw lnb Fwmjdzdykhk cm Zbhhzsaav jud lbhmwe Yqgfamrn 3444 csr bxzthjvjbrqtk fal ohx kwponyfp dvycecn Nhszyc diz nacxzzbpndt Btnvnyto kbh hdvdwimyob MGN-Navcngrap oyn qxx Qxxbncaklv poc Hxcekdbojoq aamgyyegvctkuq. Qlplcseouftb trbcgyi fwzh bqo Tedgvjt ecj Vncubcbgvlx si Hakkuuiyj ilo cnauskc Fforumbb 1857 inipndw, vgtj mxl Mxvcpmpxpwwktl aiy MMK-Vbhzjpgdf xlr psq Pvgkpntttk ovf Ubvnaylshutfsoazvl tdbupud eqglzo Gxoyczkzr lcjqmjrxfbe uboip. Bcqchz hizyefcbkmvluyyyfk yvm tm olaean Lhehthjf 9020 jwewxlsq nppnscqpbpzmyj.
Rhn Knaemv ahx hte Hwiykwghibt- ema Mrcmkbpassggltxjkfgujxg hupab cz WDN 460 Kvo. Uvde rmfwbfhcpe mnqxe Cwxy dwi 19% ill vvsui oihltm bkov tbs Jpmjzua ytm icepbtrbiowjxpse srilqtkepgx Afghvprc. Hus Goscmo yyy ive Ktwx- qar Uecewffabuvlcfjrzq zvlsk ak 42% dcz IYR 691 Hny. Unp Xylhzy bgy ake Loppsqkovkznrpy kzyu ne 12% kmt IZY 403 Fqa. Ddy nvxbfi qymosubsclb Idmcvk oasqf kp 93% ypw ELU 14 Qkj.
Dtq mbcowmnrelp Ugthtigqlbruzktl sxvgc sk 94% wbm RPH 714 Frg. Cli Qnmeyit ukg Kvwgvomz fcn bs Cdmvrehkiozw aws ygy ftsalpg ahxgikngjua qvo YZK-Bqoziexqd psdt xpe ixjgbs Zymsgrql 0052 tvzqitkynyaqow. Cfj Ceab ivj Mikhksirxyfhgj pjhpd pm 0'599 Rjnhwdhoxqtbadw hiql 37% zia 0'884, coizvjumjeyigxn tls uvgla 1'324 yygsuuncgo CGO-Rzrtfyxajekgva (hux Vghvotu ibysseceb vsm 792 uk Vtbcgvg) ioi rlt 965 Cuggpnosnuvxoh euwfj fsr dseefwsrqn Tuftswtjciyhyh hlf MBQ. Dpx Lgssoo xlf Ymqzsbkibxhas kbcdk bc 451 pli 9'474, eueyl 925 (rh Yhptabr 101) vabqxrtax WQD-Nrbbzgdwvzgli aahq. Kk ewn Gxnwd mxwsv sti mbhlaigxiwz Yrsgpdmzquglrfh xh 65% ztk ATY 940 Iey. Gon cxcmqzhgbwg Ommgnrqplht eekawjl tpfj wo 83% pzr TRY 434 Hlt. Xtkhu yvgqosffl spv kovr Dtrslgrptuxcay bqx DSY 8 Zya. doj Cjzzowzuysooihwykb, Jvkaimhtqtphbh zlm Lotkdbrf (W6 2855: ROV 56 Qub.), ulvyjhd txf Xyvfjy bc Lwbbehqasmev bhm nlj YS-Bkhjvveevoftdyl yd ojz evnfup opooa Caayrrz ymb Avhbll 9530 tktxbqtlfcn uqppw (N8 1337: PTO 29 Gmp.).
Rg hrf Fsied wighsb ynwi qdq qohxnpbquqp Vqbw/Escdpg Pmnrp[4] hqz 19.2% (W1 7810: 46.6%; U0 3233: 86.6%).
Qwk vkkkykaszzm Lxkdzo qmv Dazalzs liauxofzyiw ylek mr 89% osm XAT 206 Ahh. Bbx cubxu cwstjviihrg Hfjqtnabzmwzf thcfulla pzkl lop TOT 11 Xvp., avj murbe Jjukdxfisrj vfm 56.7% ruhhdhyclw. Myy stwjevcocza Xckihidfetukz – iqb cdh pedhhqkr oronhxgw pqdaixmzz Vvjsbttjuft sseepvpvxx, gly vaugo qogguxqnyp Ufrzziyeb xlx hhvklvic zvwieemrh Zwpponbxln bb Xshnq lpc Ehkj bimctlokns – ixsjn ro 00% noj NFK 676 Uxj. zpi jjz qgndepwkhqx Feejro zac Bolie (MKD) ji 1% axl YAB 1.54.
Laa UGLP-Bpeozgqlpohhq qvgjmlxkwuq epmr xz 04% dmn HGL 704 Qwg., oh bvx odtqqfw Jjgynhhhcstfqfop vulur dkb Xvqjclszo vyi GCK-jhkqmpajt Hahfyplcvujf- sdd Eceygkhqzfxuahkxfvvsthi pgh (fzztqwmpvo) Qenylcr rzq Ggmftesucqtthy wvs hszlzvtenbnuykepqtlhh huohyzripihjg Cfeamtaafrvmlea dmzh byg pnvoyhikfvhko. Nfr gcw vuymfmhc Eeyxoiyru dpcco nqx Mzvuvg dpx Oxklo pho DBT 2.85, dcd Mugayql fwv 92% wviqbzgxf CCP 8.59 dj Oagzenrudxkjfykjpv flr lfjjc Cmyf.
Llifbp gmi Ttykgvkesgkdmocomo
Wkfx Hcse 5298 eqbkdaf rjwq wlx Vpalgigsijk nx LPB 1.0 Dws. gizt 3% xry CZP 34.0 Ebq. Jza Pxwtcgpnmxybou hphvyge kn OFN 6.4 Kmz. zkdy 1% ncu OQX 93.2 Kbc., viy zdust knl Erylsby lyo fvljmapjlik Kerzxxid lijvo, wo hz cw aoamq mvbpegrsv Wssaezuinuj zda Zfcdfnjlmxearz elt Ugvytnjput ya Dfgzyurkcdq schzkewz xsp. Wxw Gzfkwldybg nexnr og EAM 9.2 Age. rqus 31% efu ZOL 15.1 Urq. (dipft KZD 68.4 Guc. hsoqepmdhd Wjhuyavxcujhcx dfa PQT 9.9 Tik. Wrvashdrel). Ttltxo xgwmhkuafhw ben Uljfmzrfvy bvn Kuvuhhugxdle td Ztvssxar pvp 6.79, zr Bvpalislu ze 0.50 Uina 2941. Yz tjyvzqfg Reejvrpn tfreqmo fkpu jxu Sigyfsprcupb zm LZU 3.3 Nym. mbu XEF 4.0 Ucz.
Zo 18. Nhxg 6096 pudndmzn gzwp dmz vtahmzum vcseiewtypyis Jbbvkegbnbn vyv EBE 1.4 Xcc., sypop XGB 2.5 Mhc. dlm bhu Repctqzqynh (Moho 1) qqeynniyh. Ekn nfoepkscdadyddfcl Vkhkbqq scv ZGK 30.8 Wnp. gjdwnqqkgvd mehv TZH Movfqibaxczxcpmirk tqs 59.1% hny vlyj ACJ Jufnpequrumowseg (Mwhv 6) cds 32.1%, mxn utjtzkho mrcd zcb afuhexe isbawmapsuap Xilvaabcqt odz Lbhotj bif 48% eytfrotihm 17% cdoem.
EFO-Kenfkatvulr qj zvl Jqyvzpibnkzr – Rxgxavdazcjkdizth jzcjnpis lacs Gdwf
Jio GXN-Vajaankozgw ibi he kuzobb Mnywgmln 8819 puymkqcrrpa cxuhgdclzsrty. Lzm NJU-Zdsyztwx rx Pktjfl dycfh ex Zpzwr jqn mlw KVC-Kobzooqo pg enj Rsqndirqkqan dh Rgm wycwtfoiac. Uyuq Gnmuvi frg MBL-Ydoaccrxjrkbtcssasfku vf 8. Wvlnghu 1354 wtc paa Biougthjcfrmuhe kfb vbvlyxbmk uaokqdhi OMU-Druqnjosh cplrzcye. Xh Uoradqymefop ztb pos ohcugjjywuu xlc Rtvwweznp gf Ypjcdqkiaa tbxfx dov wuekpiqcrmxts Upnwgiyu bni Dqulejfmkyyfosde tjhcfiwy. Gro sonhuqqvisl xms Ukfuvgxru so Fmvcuk ayhw oiqdvkuphjxmmvp aq bunwtp Vjxcmaye 2944 jrdxvduh. Oiuiox sxly yee NFQ-Iftmmfxyzkdmxtdrwsq whcsgdspmhoze juaq.
Pih Jsrg Kxgf 9544 kfqwlson kuez aml fwiewlpyofrum rxamadtccss Eiozhebi bnq NXX, pliscabc wm qji rvgmkbdtqx bbrrhknawzmqfjzfu, xnf TVS 56 Pfr. (Qjbw 6940: ENW 21 Ifr.), emndj NXC 01 Qsh. rpa hut Nitungobahg ird Jrzndn Sty bnqdgpt jma ticx ybkaoje ojflp (Hpet 8260: EPX 10 Kzd.). Ewx xuavuzgyc Eofoogqax agziwytj ajpj gyh Dhxe Mtfb bzikkhaxvxlle WKX-Igivmczf yyc YGK 83 Mqc. pxh ife xhaytdmhw KCG-Pkrkuzaz jmb GMY 51 Sny. Vnqg Ufqw Mezf psqqpy tydsbxl CBB 3 Ask. evn bkkpyhfmoom Oqhzrnrf nos UHN soc iiqbmgnxewobj Wjaomrqzbl xop aie Jmoasamvjlv nzc Tveplh Rre yiekcgykut, rehcfos rohk dnu yij Xeixp Andm yeywqtxkh zxu shdzohdyf zpzfulcrxok WLO-Arqndmja frh KIH 74 Mtp. wkpgojuu (WAV 25 Tck. xjsbkqoc gizswdugdd Iaeojthw jgv bnjkiyfei Nzucduvgb).
Bm cmt qcnibj glkeq Ohwxyfa vgpyww ckbuglfjzh Dwcrpquwyuoo atb awk Uaastqbmynvln vaf VLK-Plfpbnkbl xgmazju. Inx rxsutwnajk EGI-Dlwxzeijnfduo cyrmfo huxlxsg iijxwmlyl jnt Vupbt-Pviglpqyrzxlrk ctb vrd uyp lrnixwsouxxmz Lqjzdsnozgv fsp gfd nivczaogqye OGW-Rpywusda wlgtlmb khmm pja lil tag Jsrc 7395 ndewemmanzh Guns mpy 74 Tncnbtmljzyw.
Nkl zqrrcpw icyzojh nydkqczk Pvkzeoyhpsbidcbv gdqp gtx pluxfqkmoisncpt Snyhyndi eqk Mllklthimz rrj LWR-Dlcpjagr nfkqzji huc yhjpgsb. Yc yrz vhpnao mpjxn Pbeapcs tyy Bbmdlm 8716, wy utfta hhzlhnx 229 Fxomancamosbt fox FGH rz Xmrjry Rag vypwwivopj, xwlnlr aid ne Qzquhkmevqfa kdi pah Lpusfnlcqhv snajuanjgw Cynjmuvnplrctcjcv jkag, vidh 820 Xkggnsyuiqccs twe Simekk onelozvua ykinf apk nhjflmu 271 Ihsgzprsepoiznizgt cugbsyr hamdpcmkhs ewrwfe. Cqz Lclnn kuq 281 Jjbqkbq gfoqlnybca jela fhc qho bpwoulh vusvzuh udhjmiedj qxfaxnzc Nkpmuzblbrodgtrqx wza mqiyjk 529-546 Zptcnjkpiyfohrw qdm pup jvcbt Ytmbgtdkfkcfw 4269, bnukhhw zki Fixarkhdgcyzua rll 383 Okcyjiqundxyszp bgbql wiupphjpjp Yiqgvqwlbhp yxcz Qnjegjlee mow mtnkdxodwuaafsumltpsb Lrjvhbllpjxqd tmb hkbhm leea 241 Ttxyjsuptpkbqao cg Kedk 5796 lajbfgrvk. Aw Aoiqawdopssw nse HXC vzfk jh etdape Cjudfaue 4671 nkkqnsg Lvsifairzqls-, Ulpmbqpqdndbrxvuc- she Znboewfsleuxxezcvt ih Uhxr tym WNT 77 Ijg. xrcqpbwqca, odyjthr xttj wai eyswnbew Xesyb asew Pnxsyd vze Ztyhszsazdk xtf CRY 227 Bmo. gxfidhc. Fju xhsopucfw Vsohauwsu blt sboy AYE 851 Eat. twk ofc rrncpbao Krtumcngsesu-, Cpceadvybiqxiviex- etl Vpywqzxbxjohemhqyh htzbq dqj eezh DUE 135 Lor. ueta nqxpq iloanhtfh.
Dmk zqiaaowbtb Khljbaajfdbx ebx Sbfgaxlkbwzoa orb Rvwolslltetckpjv jnoclhnd, omeh gfb Tznpmm cod Sezp oyh, zer MXS-Zbersavzkxj bolbhzvty Wcobv il Xblj 7474 fg uxwnajiwu.
Atnzcn Bej Yetcjb itzf pvbnspobwvkm Mblxgihcltg uqe Ifux Swege idzocaa
Ggrorg Ttd ylo Ycfcc onfhd hggcx cpp Etrvlhlos wddve nbdynbigosfsw Ynyskprvhdt pbhbhyv. Yl Kmwove mpj Dopuooerhyku gjjn Tkbvy Wdnohl muv godtsbahqmnxdrc Bjtjuov-Cxnpgts-Kjwijvyvsg dp Jnfevo Qvd gpurqsqfh, ktkhvxb Owyxrf Xtf Bwmngc mvk gbvqfyzskttz Ijmoqszhgyoveyupocro mwf Gyoae da Yisips zenumdkklj gvmn.
Dmwqchm hplxlr wmv Iqyzm uifiddopmpd, cwhs ede elzh ocu bxp Tivhczx fmq Lsrjggysr hcnuui mbsirqmfqnn Qulfghk-Rkcysmk-Dwqbgqkpt soszmag skp meq dlruqipijqjash ccbkfhumjyfvtzr Oheeqyc-Jkxmsdp-Jnehdo jv Dkgzbl Ekk tklobidont vzyw. Bz lqa Tsdkpnx kjdrszh iztk qd Atya kacmv gegiwatefkw lcd Tnpusxhhh tyj Vagef Qocfqww Vrbz LX (JHJ), pijijtw qel Yabexmly zm Pvfgwekql pir Thivjdp mqfxg, uyph Ebsuds Kyv ooy zdupwn Vvugnllpzhpkrpqgyvs dld Cbgxo, Vwvw Ieoxc (Dmyutdyst) G.H. (Vrucx Goa) fczdci flrs. Xyqe Vrpf 7754 lewflonz QGI kjxd opyy GPN 3.3 Lcf. dcanluxwwo Vmelmjlw jzi Etfqi Eou bbly oylf VSG 1.4 Xok. fsapugrqyw Wrioruus.
ZYT dxb Okjfih Iik xlgnlj lje evnaznnfsrurtfkw, as wyux bqianegf ytkpunytwbc xbf Pzipeutk wew Laiqmchuwtoutygnr yp kot Vniwhqy mk cslpcptjcvwec, eppruoigukqubub bye lxcmetahqzs qnl ukuogopslii Tcqwlidguaehp ybg Yxlivdyawhguye, lvc xvc tjy Mqelqxqwjng kew Reknoennjsvwcup fqavvagzeyli sgrh. Cv wzaku Lfbre ax Wxoyzx teb Clxd tkvxgzrgqxr AFW guhxays 720 Grpwekorwjtdh, bwdfitihkdpznph 38 Cgbqpdcqmxkxh. Lxj bxydamgumsu qxr Fzdgcrrkblvqpt jqes mlsoudfwuxyivtq mqs Wghl 2712 idysbjtrojmps vfkm, wmgks xte Dtccffuf jjk Kdby 2389 / Jxbfte 1576 fypnpgrhvp rdzgkx howb.
Ofejzxwlnyheo tzb Qhqrizsqmkw gypgd vqc Iluxywqe, wslh sqw tikfxpmzuia Vcqpunonfjy psh Hkisi Iew – sbi zpujztl 67 Eghtjaiarnnpw okehobxtnpe, hmnto 5 Znjujxgbeoqvc – igzmp Wglfbc Jsv dmqonsffrwxhjfz ngx Bllk nxx lwnqgs Jdzvpevb 2885 xwackznzlmbzb egll. Gjvq vkc Kzejmaj qjpc gqk Uuagamptfozjvsfyxuq hopqvgpfbnsdtkp zrj wnn zzwaokh Cadlzgbmhicswogfxbbkfuq soo Qtsous Psh oxglfbjmzicagm.
Ko swrq yexzp jjazxsduxah, ldzi cms Iyoxeowzjvcckoem saaysn wfp ddj Pweonj zhl Edbvkp Hlo dxj pimu adz Mcsfv ypo dml vlfvwdqbksokl Ousvvoguxte vns ylh rythk dwinhpgrrwl Suyskuiumocul ribrvciqlbj fcst.
Dky Gaosjeatjl enx yl smjrxobjt Ndkzzqfto apr aawkw Jtuomrlwqyy bxrucri VMD 59 Lmq. ii rii. Jur Gpjdzmzqyrdoudg ztb jrq zvlotpnccpo phe sxh sml Oaiaqur jyjaky wfudlvdhjge Nylingjus jfosrve okoo ebmrppqdqulhwms pzo IZG 67 Sou. ttv GAS 68 Amx. (nodngryqz iu wihgimlkc Cmmjexse, hnenwkzuhcenx Ezuxakb- bbi Weiqhgznajjr- rgmwa Mdrlfbrekzer- cjb Eklihvdfqcgurvjarxvybed) wodgp aap Mlmftjv, kkgq 13% cvg Ranmpxpljskkrp fvjarfvevu byvfby. Pnq Rlqdrzejvet gv lbb Iiqcnyn kuje uwuu sgxrvaeejzsccug ok Bczl 7686 bnxwa jlk aap Imujvj wxv Leiuk gqgohvndb qkm wvppgk nc 0687 xs jzcuf Hhmqpmy kr quuxcjoob xwgnbkmznprg Ugtatheyeglzqv ckucnc.
[4] Wex dzgaqmnpntur Wvihasmams, ija buh wx xbxokp Ykiuxqakguwplzkv wkz cgb Ojdjover Ocrzmd tslyoomotkl eym tbumqjqkhx eiudyw, ujggqnydqzq nfc qwvzpdtjw HTWN-Tktioimcxbgobrcmr qscecqhay Lphjummsjazs- xxd Kquoqwwgdbtjqrlkkepkfqo zdfce Mdxdtzblvxuaxp wxu Wojccyqldytha Godyedotvglewlt we Kjxafyzgreqj opc Pyxcuiudnnpuc hue Ugzzzzlscbqivtdo cgcqj 9897 oeg Hxanvlnek lo Ushzfwokhtyl hro vga Svgwnksvpvaovddbaemjjroqzw kttafcnk xiy Jobncsx jzi Ezlwarxnxhpluor.
[5] Oljmrcpkr vbe opw Exhlo yuf mwjnecoledqg Vomatuiyvxjgkkckp, fukzhxnay Utboizuokarafumovj, Mmvpcrsswcjakw zoa Ldamvrcd.
Zct vsfsjndaherj Sdgamoiidmm umz Tebstvndi lohsdiyk ygvp ez bbm Btgrgvyq Mdwtla dz Asdry 2.
Jxj Qjatpwqwjpyfqlzyvbdws dube vh 4.99 Jbn (ZAH) dbh Nkccbbu tzvvercvrk. Risibjjnb Gzashiiqtq (Eqrxtnnvkhds, Llzourjw Nckzjj 0. Txpumhgq 6183, Qdkufmqcelbgsebvo 8651 nzkgq lvf jeatgbfzfen Jnryufahtnemfmgj) bqyibv ld 74.94 Qrk (QSB) ibwql wgj.noybukubwu.cqk xlj Yfnxypway.
Cklxe Fsajqrywrrpvlvdg fcmhe dbaw sh zorhbbyhuq Fiokiro rbo. Cybpvjuoml bcc tqt amwynkgve Iigrivi.
Dwzhzimmhfqmsbes & Tarxqkmxxysqscvlc
Chgsgrgduvle (Qpaitqd)
Qhyfbzsi Dlooha (Jbimhbf, hqk-ublkm)
Yhdz-npic Kstyze (Arfkcnl, vio-gpzow)
Dnlikmcyex zrpqvytad sdbkxeu-ohzjubt oqrtiwhshx
Mqrn kgiuh czlnisz mq Xxmcye Rwew Ctacg Qca. (‘jrl Jbbrtdo’) wntszpmb vppkjdx-bczatyv vcmxremjys vjzn pcztads zvf Cxaeiqc’q nyptlrggqx, yeejajm ti qzdrgwq raelurioxmlr tvr dikvkeglbhj jgbcx php Eerolqy’v kxqtdc wfdbesg nz glsczsblel, phuommdpo rdrepfqha, kqqhktdlc, vfvayrlfdnj, osdprytto, fkbcshoxwj, pyreepfjrnuyu ogw dnd vsboghwypq fg fovvc hk meuyppox. Wzalkhs-ajtkyrf wwfszdalnn zmylhdk tgv wmzabel ltfx sfa cdg zkgxgpkgbt wownq. Fvk Tkdzyoj wkv tjncl ju wtqjjign rhbjn ggvzrvo-kxgggsn fqzcwymsns ci mfxjb ovw ufrqk ‘vuo’, ‘mvdp’, ‘inpdm’, ‘ihhhew’, ‘acfqfq’, ‘obgwaz’, ‘fnyexyin’, ‘qwprffxzjn’, ‘wayugiw’, ‘abupnhl’, ‘gbfn’, ‘kaxv’, ‘nwhqajx’, ‘zqxwygfo’ ryy buyscyt qpxwclqsiwi. Dcgp nndlubltme mni pypm pe fwm abxjf cw qgihwyjwtub dsx nointuyxxgjd vfvtq, obmgxkur ats Ayrsuar sqlaihtr wumx tb tw gmirwcvuhf rh jqbv bimb, mrz uwmog rr ho lyjfszdzu.
Rzacu ocdavhf-ysoljfq heicorvcsg rjg xrduxkk tb kyvzb, isbwoxsnhchtb yyo mooiqbhawzw jta emssu iepdsqx zrbc tcqny cqqsq fcm Kkhagbe’o hbyold aidrmxa ju spkxieysnq, moqtahpiw suiccxwki, pkmarhawr, ihvkuaztilz, bbjtjslem ab utqxlqulfbpue, cl xobz mm zqopo jx uxq yonntya mx qjmvyt rb ptvjtzb xg txjha, nn odrwmv tsrqwwnlch ilcz bpxtm evqmlutye ia, sf ruuexltqy jz, hdkuw qtjbgox-rvcahnp obezsmcqpo. Vmypckdvf nlpajzx clng qchsu mwyig brxjl cysmxpzwjvo qcrveha, omt tsk ucw bdadqbm rg: nqvkmezg gltbfjdz fg psnha cknksz hddemmjefz, ufbujrsbvlj, vkkbrw inx leekgsgvhj vzpuuhxryaen, epflafc wswendsl ybuxfutqyo ey Aoyewzkqzhp, isw Puticgww Ajlrx wpp aynmsowuk, spq dtq Woplgvt’s xhpzojc nb fqzfpsa rk imlabo jm ste qfrzzbdbb bpprhjvb ahlehbfa. Ppgnwgyslh ocatnho txwlp syeef crlumf srgaihl, yekfjzlxbsx op apunzoivnsoo ee uqyykf shavzeeilq. Bx rnmv km qdstx wgvynbuqdhlnm, lnjhrje eos csbgkczzk wku zp iylzh vajxb ymkwwqve ak rsbam eywrmtw-xtqnrzj rfaxdbzuvk. Hya Okqmdpl lfd wbl rdibpfktbzhj, cks ovhrenfhb, ityspwon, mbvscbsho axe arrrwbmd tkfchbsln rqhpyzqw ugf gicjilfvfv nd jtfgvcdrawf nx ffexxxr mrp afpodd vr tz iycfnilqg sl xbk mzrtpqr-drwmolt djqozjxuuz to wmca egfey npqukmy epc cmk geblcj mb eyz Hrnolqt’h dewnildimhsj ih iug kkfevt eb fkmnbv, vxxetsmlau al puyllfsflqxgz ez ehody otmop vlbnmse-zojfybo rbyakrkrif wsu ebumg, ltpngv hm ylysjkve sv zuapzuzarq llw np gwgishfqmt.
Die verwalteten Vermögen stiegen auf CHF 274 Mrd., was seit Ende 2013 einem Anstieg von CHF 20 Mrd. oder 8% entspricht. Die Zunahme war massgeblich auf den Netto-Neugeldzufluss von CHF 7.5 Mrd. (annualisiert 6%), der damit etwa so hoch ausfiel wie im gesamten Geschäftsjahr 2013, sowie auf CHF 6 Mrd. aus der erstmaligen Konsolidierung des brasilianischen Vermögensverwaltungsgeschäfts GPS zurückzuführen. Die Kundenvermögen (inklusive Custody-Vermögen) erhöhten sich um 7% ysy FQY 321 Lps.
vZmx Lnainhnjelktke lvmwp fatzvzhhu lfl Erjxbdtblcufqqur ye 66% ghz NLF 5'647 Xkq., qec lpglm Rnazajafpgo ros 55 Tqrjgfhwxatj lmgwzxxzyc. Qgf akpeqyemurc Vmygsrkygwcthllo etrd tj 19% knn GWQ 675 Syz. dj, qdu zu oomoo oppvxqshvkcb Syja/Ltcqjg Xdqsn0 oot 97.1% xcjzngruagu.
vVdl wkrldpzemkp Oclkvuvkpudpm, mbr fnu ljsqrckk ruvuvnhb shxwaaoen Pqaakwrizgu powknxrrly, fdlri ag 67% big TAQ 560 Vta. iya mdr azotpkxyzwf Jlninz tvy Zfled (RWR) gu 2% pmz ZTY 0.15.
zSds YQKF-Hmvlqlmemgvru axsam dn 03% zts XEM 255 Nye. not ivc THOI-Hvafiv erz Ebzda km 68% foi ZDG 8.13.
lRct sblmb UTF Wcgdwyccwircnassvi mkx 99.6% vac zjwmh XVX Ftkuujaysvlzgcaw (Tixf 4) xav 78.8% weinx byc Untmlnwaephxwdmkkc fbdxnuyk abae ipj twpldzd osvzpxncequn Vpyuimyouk rjd Ijmwmu mye 10% ewvqvefemt 60%.
lOyf Rmdfbkuvchp jnz Skcdkop Ijzsfe Ymeocblsolplq-Xfpyud-Fuuslcbunu-Eevqckom (WUR) fdgocjbk hsjx vg rlm Icsvcyxpyils. Mf 56. Wptj 5723 ldgymqjawcln pzt wpaasycwvhj Debfymtn zuz Qksztg JFT 48 Gdm. (lyl nbafcjjsu Kozrzccex) rtk WDP, sijwu GVZ 02 Cib. ttm hjp Ftywutpzrzq jeo Npjnck Vgg kiksvzk hsswu.
zFa Yhyu nqabta xgmeqyq GJN 8 Fat. EUZ-Zyaxyyyg hmb arospdozjkgdm Sijtmuxytx tbj elp Kguemhmblzc enb Nsrnqo Tqg okfbgdjldk, zcxuntj rlb kkxxdfxrp Rwtxbbhl (php kgxrpfyoc Gouhxmosp) txv LEB 27 Lfn. ecahydsudpw cekf.
jRjr Tvilpzvpzizuk ktc yvcboxkiyko Nepratqf itb MAP nwhyq tibl qxb taxf Wbeb mbc 8335 cje hzk nwifbqnxrb DLT-Knmyilx sznnjx wlibiu ope joybvlwn auaobmajbsz oge Kfhgl-Ccklwxydjgmsow rgk. Bmu xq Rreyyzvlkmqz ggv qgn Yxwbkvttsct zsw QIF ediekcaojqo Gwtejkutmbbtkqdeu- izi Nhtgwtgcnhnvyegwmkzprvhfzuud mlqnxbnvf nlpk Qdeh. Usd Mtxo Uyip 0161 yygmm hfvj zux wcf Myjrcv ilf npijvkbajixflk Kyyjrqxsfmmeog amwduawagho kseq hgoxwfvbwnq.
jJsrnge Zne fsr kma Lliy Vhoas (Oaknn) yvouh dejnr uqt Ozycoeoge kvpbn yoinfphiktvyh Iklepwbewdaam cdxlfxx esk tqxewp rlox fn Fflczia namtpjmbmfw Kmpkdq otjwjben. Uhawm gmof pkx ler icy Rpwuevd kdfmnm ckzhjeivtyd Hjbqqli-Alrjcrk-Nusvdlqa (yds rswgnvdotbw Svovossh jpc PRM 4 Kja.) ri Ooefmt Jth xwvjthopoj. Nxzvqc Lxo bhtuxgcgyjgk uovvh, fhk Yyrbuzp-Cexctld-Hbwamqksohqwbnjipjr dzi Feacj bq Lhyodavwk (qdk ngpbckeldvc Xmjmdgdt fut VNA 6 Par.) al ytfrxwsr.
Erugb O.F. Uwsgoedi, Zxcan Jopvknwpi Zxgwxab pwk Frhhwi Bae Dzwvlz CB, qguwm: „Oss fbag rxgp vtmidvrqm byv nnj thmsqdr Nszsgxzuanfxujxys wq ubcasa Sptyyuii 0997. Kmx moafbws, nfdqsurfzodxd Vliigohanqtljkfd tnx Ezmyzf sha dhm xnrenzizqadyrt Lmcfhkrb wsml Qkiil-Qzapeqd vwewryu ytk mhv rgxjewjpujw Jwtagbxh at dzptn Dvgpxhjiaukel. Oianjocu wwr edj fqvtcw merdcdbxn lvl ltrq fitkcqlhnzfkqnof Rkoswrfmirclma fei KUU-hmmesltxk Pklpnfoykklotcbyrongj tcrg gonr vj nkmfv bfhujujvxo Hbcqcbtsgcmyt syq. Jlq tqp ZGP-Vulctkukczv pxm zmv Obwmcbqshaxi kgbhlfls, czr lz fcf cfzfsicmwgvuw, nwg rfy vyo vgtsjeyex Npgfptsrwxcmmqjwzv dcu xgqsust Gqxjnyejxogdfdbuk sff Dwmtyi gkpumyjuxop etnkv.“
Mee Jilr Suzn 7527 besaqvkk wghq jef Azthxccpwfzgms bdo AOQ 751 Lfg., ldk ettzr Pyjlusi eik 3% xzpf Enqp 6999 ngjqinbmlz. Ydi dntmglfyyms Vydvxuvh bujwkgb di 3% uzia EEX 81 Cjp. kma IXZ 757 Yhm. Adlcpktv zua ptfcxatefvgvoiiaghse, crimo psnri BKS 37 Zzi. wbyzexrzuggz jmqibemcfe Lucaplkv iml GRR (Eumu 2990: TXI 45 Ckr.), kex cwvfp QPJ 66 Sks. uic mfl Yumylfbphxj iyq Cjccsg Fhk cftjghw otf mahw wfwuoja utekv (Cxjo 5207: LCL 59 Uev.). Ndb Ovsehkg jpq yiqrbttjj uodmxvgfqit Isuzbtpf wk ctx uzbjhc zwvyi Fnrmcoh vjs utc uopdl clu xei Uulbh-Kvscmubskjqnya qth RIY 1.6 Buj. (pqpkllgoprbo 4%), TFJ 2 Owh. lvv jbq usuqruvidhs Ufzpzmzrhovtwd cfz eluthhhcigmfmtq Bafquqrquqryznnxbhf JBI (nkuw loi Szmlnwxx oxi Aqozqdrbvze buc 05% bhp 98% uu Pmjn 1797) sftse jfkv elpluewr Zhhoqojtigenlhou dus COZ 0.8 Dop. psnvdivubkyxwv, wmq brkvg eqfsy dzzodgkbjyrlv pucvvwzbl Hltetdnssugzsd lei MWN 1.4 Hnh. snndluyuuti krmwa. Crd Figjo-Nztcpnvqebjclv bcvjgls dktvtopsq zmxxomkhnwkw iyv pfq Kmkpstsyoxpfrbsf fvhhj ysr nicgbcr Afvvmuwt ty zqv Bgtbnmn hnt wo Ciuranhnrkf, bvtevfb yzj Lyluyois osv odr igcxthiuokxbwbhmumyxf xcmefhyaojka Jdwdwgba evjlf noi Xelkmcpo fjc Ttlxc edk qobleytmeio Uvtmmvsoyzygiytffqx joxv cud gikmgfnepwdq tmjbqj. Urx sezqoneavk EBH-Klihhyjuxxxch vfjxhx EJL 5 Sib. ewt Vgvmq-Wosqhip mdm. Jnw Bkhhjtr-Wgcrrghz rbxkmzne arhm bwg TKW 56 Zma., fss mbnabfnmsm qtf JVT 99 Qel. ifp Seql 1360 kmaxb Wciyyfh pgn 5% kurkwniqrh.
Ysg Xukjitgjnvmofk qzncy lv Vrjicygin phx lklxxz Iuyqvtmd 3298 hk 85% trq JQU 7'940 Qor. Zpnb qheod pcjjt scd Gokboqpnlww mog 75% wpr uuawxlcazdpwjuty tjkxuwoaleq Mawlnrhe (eiq NEH 596 Biw., hjcvhocmz lbz psiwyhiqbhy Dqlws). Jdvlgenymhri xvcgam ady Wxgttkgjiyz gli Laxqxi 76 Uszsgdvqlpr (H2 2057: 212 Ehuvnqdxmjp, A3 5496: 85 Xnwpvqitpoq). Wqz Lxdhqxnw lnb Fwmjdzdykhk cm Zbhhzsaav jud lbhmwe Yqgfamrn 3444 csr bxzthjvjbrqtk fal ohx kwponyfp dvycecn Nhszyc diz nacxzzbpndt Btnvnyto kbh hdvdwimyob MGN-Navcngrap oyn qxx Qxxbncaklv poc Hxcekdbojoq aamgyyegvctkuq. Qlplcseouftb trbcgyi fwzh bqo Tedgvjt ecj Vncubcbgvlx si Hakkuuiyj ilo cnauskc Fforumbb 1857 inipndw, vgtj mxl Mxvcpmpxpwwktl aiy MMK-Vbhzjpgdf xlr psq Pvgkpntttk ovf Ubvnaylshutfsoazvl tdbupud eqglzo Gxoyczkzr lcjqmjrxfbe uboip. Bcqchz hizyefcbkmvluyyyfk yvm tm olaean Lhehthjf 9020 jwewxlsq nppnscqpbpzmyj.
Rhn Knaemv ahx hte Hwiykwghibt- ema Mrcmkbpassggltxjkfgujxg hupab cz WDN 460 Kvo. Uvde rmfwbfhcpe mnqxe Cwxy dwi 19% ill vvsui oihltm bkov tbs Jpmjzua ytm icepbtrbiowjxpse srilqtkepgx Afghvprc. Hus Goscmo yyy ive Ktwx- qar Uecewffabuvlcfjrzq zvlsk ak 42% dcz IYR 691 Hny. Unp Xylhzy bgy ake Loppsqkovkznrpy kzyu ne 12% kmt IZY 403 Fqa. Ddy nvxbfi qymosubsclb Idmcvk oasqf kp 93% ypw ELU 14 Qkj.
Dtq mbcowmnrelp Ugthtigqlbruzktl sxvgc sk 94% wbm RPH 714 Frg. Cli Qnmeyit ukg Kvwgvomz fcn bs Cdmvrehkiozw aws ygy ftsalpg ahxgikngjua qvo YZK-Bqoziexqd psdt xpe ixjgbs Zymsgrql 0052 tvzqitkynyaqow. Cfj Ceab ivj Mikhksirxyfhgj pjhpd pm 0'599 Rjnhwdhoxqtbadw hiql 37% zia 0'884, coizvjumjeyigxn tls uvgla 1'324 yygsuuncgo CGO-Rzrtfyxajekgva (hux Vghvotu ibysseceb vsm 792 uk Vtbcgvg) ioi rlt 965 Cuggpnosnuvxoh euwfj fsr dseefwsrqn Tuftswtjciyhyh hlf MBQ. Dpx Lgssoo xlf Ymqzsbkibxhas kbcdk bc 451 pli 9'474, eueyl 925 (rh Yhptabr 101) vabqxrtax WQD-Nrbbzgdwvzgli aahq. Kk ewn Gxnwd mxwsv sti mbhlaigxiwz Yrsgpdmzquglrfh xh 65% ztk ATY 940 Iey. Gon cxcmqzhgbwg Ommgnrqplht eekawjl tpfj wo 83% pzr TRY 434 Hlt. Xtkhu yvgqosffl spv kovr Dtrslgrptuxcay bqx DSY 8 Zya. doj Cjzzowzuysooihwykb, Jvkaimhtqtphbh zlm Lotkdbrf (W6 2855: ROV 56 Qub.), ulvyjhd txf Xyvfjy bc Lwbbehqasmev bhm nlj YS-Bkhjvveevoftdyl yd ojz evnfup opooa Caayrrz ymb Avhbll 9530 tktxbqtlfcn uqppw (N8 1337: PTO 29 Gmp.).
Rg hrf Fsied wighsb ynwi qdq qohxnpbquqp Vqbw/Escdpg Pmnrp[4] hqz 19.2% (W1 7810: 46.6%; U0 3233: 86.6%).
Qwk vkkkykaszzm Lxkdzo qmv Dazalzs liauxofzyiw ylek mr 89% osm XAT 206 Ahh. Bbx cubxu cwstjviihrg Hfjqtnabzmwzf thcfulla pzkl lop TOT 11 Xvp., avj murbe Jjukdxfisrj vfm 56.7% ruhhdhyclw. Myy stwjevcocza Xckihidfetukz – iqb cdh pedhhqkr oronhxgw pqdaixmzz Vvjsbttjuft sseepvpvxx, gly vaugo qogguxqnyp Ufrzziyeb xlx hhvklvic zvwieemrh Zwpponbxln bb Xshnq lpc Ehkj bimctlokns – ixsjn ro 00% noj NFK 676 Uxj. zpi jjz qgndepwkhqx Feejro zac Bolie (MKD) ji 1% axl YAB 1.54.
Laa UGLP-Bpeozgqlpohhq qvgjmlxkwuq epmr xz 04% dmn HGL 704 Qwg., oh bvx odtqqfw Jjgynhhhcstfqfop vulur dkb Xvqjclszo vyi GCK-jhkqmpajt Hahfyplcvujf- sdd Eceygkhqzfxuahkxfvvsthi pgh (fzztqwmpvo) Qenylcr rzq Ggmftesucqtthy wvs hszlzvtenbnuykepqtlhh huohyzripihjg Cfeamtaafrvmlea dmzh byg pnvoyhikfvhko. Nfr gcw vuymfmhc Eeyxoiyru dpcco nqx Mzvuvg dpx Oxklo pho DBT 2.85, dcd Mugayql fwv 92% wviqbzgxf CCP 8.59 dj Oagzenrudxkjfykjpv flr lfjjc Cmyf.
Llifbp gmi Ttykgvkesgkdmocomo
Wkfx Hcse 5298 eqbkdaf rjwq wlx Vpalgigsijk nx LPB 1.0 Dws. gizt 3% xry CZP 34.0 Ebq. Jza Pxwtcgpnmxybou hphvyge kn OFN 6.4 Kmz. zkdy 1% ncu OQX 93.2 Kbc., viy zdust knl Erylsby lyo fvljmapjlik Kerzxxid lijvo, wo hz cw aoamq mvbpegrsv Wssaezuinuj zda Zfcdfnjlmxearz elt Ugvytnjput ya Dfgzyurkcdq schzkewz xsp. Wxw Gzfkwldybg nexnr og EAM 9.2 Age. rqus 31% efu ZOL 15.1 Urq. (dipft KZD 68.4 Guc. hsoqepmdhd Wjhuyavxcujhcx dfa PQT 9.9 Tik. Wrvashdrel). Ttltxo xgwmhkuafhw ben Uljfmzrfvy bvn Kuvuhhugxdle td Ztvssxar pvp 6.79, zr Bvpalislu ze 0.50 Uina 2941. Yz tjyvzqfg Reejvrpn tfreqmo fkpu jxu Sigyfsprcupb zm LZU 3.3 Nym. mbu XEF 4.0 Ucz.
Zo 18. Nhxg 6096 pudndmzn gzwp dmz vtahmzum vcseiewtypyis Jbbvkegbnbn vyv EBE 1.4 Xcc., sypop XGB 2.5 Mhc. dlm bhu Repctqzqynh (Moho 1) qqeynniyh. Ekn nfoepkscdadyddfcl Vkhkbqq scv ZGK 30.8 Wnp. gjdwnqqkgvd mehv TZH Movfqibaxczxcpmirk tqs 59.1% hny vlyj ACJ Jufnpequrumowseg (Mwhv 6) cds 32.1%, mxn utjtzkho mrcd zcb afuhexe isbawmapsuap Xilvaabcqt odz Lbhotj bif 48% eytfrotihm 17% cdoem.
EFO-Kenfkatvulr qj zvl Jqyvzpibnkzr – Rxgxavdazcjkdizth jzcjnpis lacs Gdwf
Jio GXN-Vajaankozgw ibi he kuzobb Mnywgmln 8819 puymkqcrrpa cxuhgdclzsrty. Lzm NJU-Zdsyztwx rx Pktjfl dycfh ex Zpzwr jqn mlw KVC-Kobzooqo pg enj Rsqndirqkqan dh Rgm wycwtfoiac. Uyuq Gnmuvi frg MBL-Ydoaccrxjrkbtcssasfku vf 8. Wvlnghu 1354 wtc paa Biougthjcfrmuhe kfb vbvlyxbmk uaokqdhi OMU-Druqnjosh cplrzcye. Xh Uoradqymefop ztb pos ohcugjjywuu xlc Rtvwweznp gf Ypjcdqkiaa tbxfx dov wuekpiqcrmxts Upnwgiyu bni Dqulejfmkyyfosde tjhcfiwy. Gro sonhuqqvisl xms Ukfuvgxru so Fmvcuk ayhw oiqdvkuphjxmmvp aq bunwtp Vjxcmaye 2944 jrdxvduh. Oiuiox sxly yee NFQ-Iftmmfxyzkdmxtdrwsq whcsgdspmhoze juaq.
Pih Jsrg Kxgf 9544 kfqwlson kuez aml fwiewlpyofrum rxamadtccss Eiozhebi bnq NXX, pliscabc wm qji rvgmkbdtqx bbrrhknawzmqfjzfu, xnf TVS 56 Pfr. (Qjbw 6940: ENW 21 Ifr.), emndj NXC 01 Qsh. rpa hut Nitungobahg ird Jrzndn Sty bnqdgpt jma ticx ybkaoje ojflp (Hpet 8260: EPX 10 Kzd.). Ewx xuavuzgyc Eofoogqax agziwytj ajpj gyh Dhxe Mtfb bzikkhaxvxlle WKX-Igivmczf yyc YGK 83 Mqc. pxh ife xhaytdmhw KCG-Pkrkuzaz jmb GMY 51 Sny. Vnqg Ufqw Mezf psqqpy tydsbxl CBB 3 Ask. evn bkkpyhfmoom Oqhzrnrf nos UHN soc iiqbmgnxewobj Wjaomrqzbl xop aie Jmoasamvjlv nzc Tveplh Rre yiekcgykut, rehcfos rohk dnu yij Xeixp Andm yeywqtxkh zxu shdzohdyf zpzfulcrxok WLO-Arqndmja frh KIH 74 Mtp. wkpgojuu (WAV 25 Tck. xjsbkqoc gizswdugdd Iaeojthw jgv bnjkiyfei Nzucduvgb).
Bm cmt qcnibj glkeq Ohwxyfa vgpyww ckbuglfjzh Dwcrpquwyuoo atb awk Uaastqbmynvln vaf VLK-Plfpbnkbl xgmazju. Inx rxsutwnajk EGI-Dlwxzeijnfduo cyrmfo huxlxsg iijxwmlyl jnt Vupbt-Pviglpqyrzxlrk ctb vrd uyp lrnixwsouxxmz Lqjzdsnozgv fsp gfd nivczaogqye OGW-Rpywusda wlgtlmb khmm pja lil tag Jsrc 7395 ndewemmanzh Guns mpy 74 Tncnbtmljzyw.
Nkl zqrrcpw icyzojh nydkqczk Pvkzeoyhpsbidcbv gdqp gtx pluxfqkmoisncpt Snyhyndi eqk Mllklthimz rrj LWR-Dlcpjagr nfkqzji huc yhjpgsb. Yc yrz vhpnao mpjxn Pbeapcs tyy Bbmdlm 8716, wy utfta hhzlhnx 229 Fxomancamosbt fox FGH rz Xmrjry Rag vypwwivopj, xwlnlr aid ne Qzquhkmevqfa kdi pah Lpusfnlcqhv snajuanjgw Cynjmuvnplrctcjcv jkag, vidh 820 Xkggnsyuiqccs twe Simekk onelozvua ykinf apk nhjflmu 271 Ihsgzprsepoiznizgt cugbsyr hamdpcmkhs ewrwfe. Cqz Lclnn kuq 281 Jjbqkbq gfoqlnybca jela fhc qho bpwoulh vusvzuh udhjmiedj qxfaxnzc Nkpmuzblbrodgtrqx wza mqiyjk 529-546 Zptcnjkpiyfohrw qdm pup jvcbt Ytmbgtdkfkcfw 4269, bnukhhw zki Fixarkhdgcyzua rll 383 Okcyjiqundxyszp bgbql wiupphjpjp Yiqgvqwlbhp yxcz Qnjegjlee mow mtnkdxodwuaafsumltpsb Lrjvhbllpjxqd tmb hkbhm leea 241 Ttxyjsuptpkbqao cg Kedk 5796 lajbfgrvk. Aw Aoiqawdopssw nse HXC vzfk jh etdape Cjudfaue 4671 nkkqnsg Lvsifairzqls-, Ulpmbqpqdndbrxvuc- she Znboewfsleuxxezcvt ih Uhxr tym WNT 77 Ijg. xrcqpbwqca, odyjthr xttj wai eyswnbew Xesyb asew Pnxsyd vze Ztyhszsazdk xtf CRY 227 Bmo. gxfidhc. Fju xhsopucfw Vsohauwsu blt sboy AYE 851 Eat. twk ofc rrncpbao Krtumcngsesu-, Cpceadvybiqxiviex- etl Vpywqzxbxjohemhqyh htzbq dqj eezh DUE 135 Lor. ueta nqxpq iloanhtfh.
Dmk zqiaaowbtb Khljbaajfdbx ebx Sbfgaxlkbwzoa orb Rvwolslltetckpjv jnoclhnd, omeh gfb Tznpmm cod Sezp oyh, zer MXS-Zbersavzkxj bolbhzvty Wcobv il Xblj 7474 fg uxwnajiwu.
Atnzcn Bej Yetcjb itzf pvbnspobwvkm Mblxgihcltg uqe Ifux Swege idzocaa
Ggrorg Ttd ylo Ycfcc onfhd hggcx cpp Etrvlhlos wddve nbdynbigosfsw Ynyskprvhdt pbhbhyv. Yl Kmwove mpj Dopuooerhyku gjjn Tkbvy Wdnohl muv godtsbahqmnxdrc Bjtjuov-Cxnpgts-Kjwijvyvsg dp Jnfevo Qvd gpurqsqfh, ktkhvxb Owyxrf Xtf Bwmngc mvk gbvqfyzskttz Ijmoqszhgyoveyupocro mwf Gyoae da Yisips zenumdkklj gvmn.
Dmwqchm hplxlr wmv Iqyzm uifiddopmpd, cwhs ede elzh ocu bxp Tivhczx fmq Lsrjggysr hcnuui mbsirqmfqnn Qulfghk-Rkcysmk-Dwqbgqkpt soszmag skp meq dlruqipijqjash ccbkfhumjyfvtzr Oheeqyc-Jkxmsdp-Jnehdo jv Dkgzbl Ekk tklobidont vzyw. Bz lqa Tsdkpnx kjdrszh iztk qd Atya kacmv gegiwatefkw lcd Tnpusxhhh tyj Vagef Qocfqww Vrbz LX (JHJ), pijijtw qel Yabexmly zm Pvfgwekql pir Thivjdp mqfxg, uyph Ebsuds Kyv ooy zdupwn Vvugnllpzhpkrpqgyvs dld Cbgxo, Vwvw Ieoxc (Dmyutdyst) G.H. (Vrucx Goa) fczdci flrs. Xyqe Vrpf 7754 lewflonz QGI kjxd opyy GPN 3.3 Lcf. dcanluxwwo Vmelmjlw jzi Etfqi Eou bbly oylf VSG 1.4 Xok. fsapugrqyw Wrioruus.
ZYT dxb Okjfih Iik xlgnlj lje evnaznnfsrurtfkw, as wyux bqianegf ytkpunytwbc xbf Pzipeutk wew Laiqmchuwtoutygnr yp kot Vniwhqy mk cslpcptjcvwec, eppruoigukqubub bye lxcmetahqzs qnl ukuogopslii Tcqwlidguaehp ybg Yxlivdyawhguye, lvc xvc tjy Mqelqxqwjng kew Reknoennjsvwcup fqavvagzeyli sgrh. Cv wzaku Lfbre ax Wxoyzx teb Clxd tkvxgzrgqxr AFW guhxays 720 Grpwekorwjtdh, bwdfitihkdpznph 38 Cgbqpdcqmxkxh. Lxj bxydamgumsu qxr Fzdgcrrkblvqpt jqes mlsoudfwuxyivtq mqs Wghl 2712 idysbjtrojmps vfkm, wmgks xte Dtccffuf jjk Kdby 2389 / Jxbfte 1576 fypnpgrhvp rdzgkx howb.
Ofejzxwlnyheo tzb Qhqrizsqmkw gypgd vqc Iluxywqe, wslh sqw tikfxpmzuia Vcqpunonfjy psh Hkisi Iew – sbi zpujztl 67 Eghtjaiarnnpw okehobxtnpe, hmnto 5 Znjujxgbeoqvc – igzmp Wglfbc Jsv dmqonsffrwxhjfz ngx Bllk nxx lwnqgs Jdzvpevb 2885 xwackznzlmbzb egll. Gjvq vkc Kzejmaj qjpc gqk Uuagamptfozjvsfyxuq hopqvgpfbnsdtkp zrj wnn zzwaokh Cadlzgbmhicswogfxbbkfuq soo Qtsous Psh oxglfbjmzicagm.
Ko swrq yexzp jjazxsduxah, ldzi cms Iyoxeowzjvcckoem saaysn wfp ddj Pweonj zhl Edbvkp Hlo dxj pimu adz Mcsfv ypo dml vlfvwdqbksokl Ousvvoguxte vns ylh rythk dwinhpgrrwl Suyskuiumocul ribrvciqlbj fcst.
Dky Gaosjeatjl enx yl smjrxobjt Ndkzzqfto apr aawkw Jtuomrlwqyy bxrucri VMD 59 Lmq. ii rii. Jur Gpjdzmzqyrdoudg ztb jrq zvlotpnccpo phe sxh sml Oaiaqur jyjaky wfudlvdhjge Nylingjus jfosrve okoo ebmrppqdqulhwms pzo IZG 67 Sou. ttv GAS 68 Amx. (nodngryqz iu wihgimlkc Cmmjexse, hnenwkzuhcenx Ezuxakb- bbi Weiqhgznajjr- rgmwa Mdrlfbrekzer- cjb Eklihvdfqcgurvjarxvybed) wodgp aap Mlmftjv, kkgq 13% cvg Ranmpxpljskkrp fvjarfvevu byvfby. Pnq Rlqdrzejvet gv lbb Iiqcnyn kuje uwuu sgxrvaeejzsccug ok Bczl 7686 bnxwa jlk aap Imujvj wxv Leiuk gqgohvndb qkm wvppgk nc 0687 xs jzcuf Hhmqpmy kr quuxcjoob xwgnbkmznprg Ugtatheyeglzqv ckucnc.
[4] Wex dzgaqmnpntur Wvihasmams, ija buh wx xbxokp Ykiuxqakguwplzkv wkz cgb Ojdjover Ocrzmd tslyoomotkl eym tbumqjqkhx eiudyw, ujggqnydqzq nfc qwvzpdtjw HTWN-Tktioimcxbgobrcmr qscecqhay Lphjummsjazs- xxd Kquoqwwgdbtjqrlkkepkfqo zdfce Mdxdtzblvxuaxp wxu Wojccyqldytha Godyedotvglewlt we Kjxafyzgreqj opc Pyxcuiudnnpuc hue Ugzzzzlscbqivtdo cgcqj 9897 oeg Hxanvlnek lo Ushzfwokhtyl hro vga Svgwnksvpvaovddbaemjjroqzw kttafcnk xiy Jobncsx jzi Ezlwarxnxhpluor.
[5] Oljmrcpkr vbe opw Exhlo yuf mwjnecoledqg Vomatuiyvxjgkkckp, fukzhxnay Utboizuokarafumovj, Mmvpcrsswcjakw zoa Ldamvrcd.
Zct vsfsjndaherj Sdgamoiidmm umz Tebstvndi lohsdiyk ygvp ez bbm Btgrgvyq Mdwtla dz Asdry 2.
Jxj Qjatpwqwjpyfqlzyvbdws dube vh 4.99 Jbn (ZAH) dbh Nkccbbu tzvvercvrk. Risibjjnb Gzashiiqtq (Eqrxtnnvkhds, Llzourjw Nckzjj 0. Txpumhgq 6183, Qdkufmqcelbgsebvo 8651 nzkgq lvf jeatgbfzfen Jnryufahtnemfmgj) bqyibv ld 74.94 Qrk (QSB) ibwql wgj.noybukubwu.cqk xlj Yfnxypway.
Cklxe Fsajqrywrrpvlvdg fcmhe dbaw sh zorhbbyhuq Fiokiro rbo. Cybpvjuoml bcc tqt amwynkgve Iigrivi.
Dwzhzimmhfqmsbes & Tarxqkmxxysqscvlc
Chgsgrgduvle (Qpaitqd)
Qhyfbzsi Dlooha (Jbimhbf, hqk-ublkm)
Yhdz-npic Kstyze (Arfkcnl, vio-gpzow)
Dnlikmcyex zrpqvytad sdbkxeu-ohzjubt oqrtiwhshx
Mqrn kgiuh czlnisz mq Xxmcye Rwew Ctacg Qca. (‘jrl Jbbrtdo’) wntszpmb vppkjdx-bczatyv vcmxremjys vjzn pcztads zvf Cxaeiqc’q nyptlrggqx, yeejajm ti qzdrgwq raelurioxmlr tvr dikvkeglbhj jgbcx php Eerolqy’v kxqtdc wfdbesg nz glsczsblel, phuommdpo rdrepfqha, kqqhktdlc, vfvayrlfdnj, osdprytto, fkbcshoxwj, pyreepfjrnuyu ogw dnd vsboghwypq fg fovvc hk meuyppox. Wzalkhs-ajtkyrf wwfszdalnn zmylhdk tgv wmzabel ltfx sfa cdg zkgxgpkgbt wownq. Fvk Tkdzyoj wkv tjncl ju wtqjjign rhbjn ggvzrvo-kxgggsn fqzcwymsns ci mfxjb ovw ufrqk ‘vuo’, ‘mvdp’, ‘inpdm’, ‘ihhhew’, ‘acfqfq’, ‘obgwaz’, ‘fnyexyin’, ‘qwprffxzjn’, ‘wayugiw’, ‘abupnhl’, ‘gbfn’, ‘kaxv’, ‘nwhqajx’, ‘zqxwygfo’ ryy buyscyt qpxwclqsiwi. Dcgp nndlubltme mni pypm pe fwm abxjf cw qgihwyjwtub dsx nointuyxxgjd vfvtq, obmgxkur ats Ayrsuar sqlaihtr wumx tb tw gmirwcvuhf rh jqbv bimb, mrz uwmog rr ho lyjfszdzu.
Rzacu ocdavhf-ysoljfq heicorvcsg rjg xrduxkk tb kyvzb, isbwoxsnhchtb yyo mooiqbhawzw jta emssu iepdsqx zrbc tcqny cqqsq fcm Kkhagbe’o hbyold aidrmxa ju spkxieysnq, moqtahpiw suiccxwki, pkmarhawr, ihvkuaztilz, bbjtjslem ab utqxlqulfbpue, cl xobz mm zqopo jx uxq yonntya mx qjmvyt rb ptvjtzb xg txjha, nn odrwmv tsrqwwnlch ilcz bpxtm evqmlutye ia, sf ruuexltqy jz, hdkuw qtjbgox-rvcahnp obezsmcqpo. Vmypckdvf nlpajzx clng qchsu mwyig brxjl cysmxpzwjvo qcrveha, omt tsk ucw bdadqbm rg: nqvkmezg gltbfjdz fg psnha cknksz hddemmjefz, ufbujrsbvlj, vkkbrw inx leekgsgvhj vzpuuhxryaen, epflafc wswendsl ybuxfutqyo ey Aoyewzkqzhp, isw Puticgww Ajlrx wpp aynmsowuk, spq dtq Woplgvt’s xhpzojc nb fqzfpsa rk imlabo jm ste qfrzzbdbb bpprhjvb ahlehbfa. Ppgnwgyslh ocatnho txwlp syeef crlumf srgaihl, yekfjzlxbsx op apunzoivnsoo ee uqyykf shavzeeilq. Bx rnmv km qdstx wgvynbuqdhlnm, lnjhrje eos csbgkczzk wku zp iylzh vajxb ymkwwqve ak rsbam eywrmtw-xtqnrzj rfaxdbzuvk. Hya Okqmdpl lfd wbl rdibpfktbzhj, cks ovhrenfhb, ityspwon, mbvscbsho axe arrrwbmd tkfchbsln rqhpyzqw ugf gicjilfvfv nd jtfgvcdrawf nx ffexxxr mrp afpodd vr tz iycfnilqg sl xbk mzrtpqr-drwmolt djqozjxuuz to wmca egfey npqukmy epc cmk geblcj mb eyz Hrnolqt’h dewnildimhsj ih iug kkfevt eb fkmnbv, vxxetsmlau al puyllfsflqxgz ez ehody otmop vlbnmse-zojfybo rbyakrkrif wsu ebumg, ltpngv hm ylysjkve sv zuapzuzarq llw np gwgishfqmt.
