2 Net fee and commission income

(unaudited)
(XLS:) Download

in CHF thousands

 

First half 2019

 

First half 2018

 

+/– %

Brokerage fees

 

23'831

 

23'912

 

–0.3

Custody fees

 

21'916

 

15'859

 

38.2

Advisory and management fees

 

26'434

 

22'798

 

15.9

Investment fund fees

 

68'807

 

25'406

 

170.8

Credit-related fees and commissions

 

296

 

336

 

–11.9

Commission income from other services

 

17'811

 

13'010

 

36.9

Total fee and commission income

 

159'096

 

101'322

 

57.0

 

 

 

 

 

 

 

Brokerage fees paid

 

–5'853

 

–4'426

 

32.3

Other fee and commission expenses

 

–54'276

 

–19'262

 

181.8

Total fee and commission expenses

 

–60'130

 

–23'688

 

153.8

 

 

 

 

 

 

 

Total net fee and commission income

 

98'966

 

77'634

 

27.5

LLB and its subsidiaries offer clients an all-in fee for various services. The all-in fee is recognised in the line “Advisory and management fees”. The following table shows what share of the income position the all-in fee has and what proportion of which services is included in it.

(XLS:) Download

in CHF thousands

 

First half 2019

 

First half 2018

 

+/– %

Total all-in fees

 

14'302

 

10'975

 

30.3

of which brokerage

 

6'646

 

5'176

 

28.4

of which securities administration

 

2'291

 

1'941

 

18.1

of which asset management

 

5'364

 

3'858

 

39.1