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  • Important legal

LGT Lightstone Europe LLP (hereafter "LGT Lightstone") is a limited liability partnership registered in England and Wales (no. OC420415) with its registered office at 1. St James’s Market, London SW1Y 4AH, and is authorised and regulated by the UK Financial Conduct Authority.

Anyone viewing information on Web pages published by LGT Lightstone implicitly agrees to the terms and conditions set out below. Any special agreements concerning LGT Lightstone products or services apply in addition to these terms and conditions or, if there is a conflict, take precedence over them:


None of the information on these Web pages is intended for persons or companies from countries in which viewing such information entails any form of registration requirement on LGT Lightstone's part. Furthermore, persons subject to a jurisdiction that prohibits viewing information on these LGT Lightstone Web pages are not permitted to view said information.

No offer or recommendation

None of the information on these Web pages in any way constitutes an offer or a solicitation of an offer to buy or sell products or services. It is intended solely for information purposes and for use by the recipient. Accordingly, no orders for financial transactions are submitted via the message window or e-mail will be accepted. Furthermore, none of the information on these Web pages constitutes a recommendation to buy or sell investment products or to enter into transactions of any kind. If you contact us via the message window or e-mail, we take this as allowance an authorization to contact you in this matter.

No advice

The information and opinions published on this website are not to be construed as investment advice or any other kind of advice on legal, tax, financial or other issues. They are not suitable to be used as a basis for decision-making. Please consult a specialized expert before making any decision to take concrete action.

No guarantee that information is up to date, correct or complete

The market and investment information on these Web pages are produced by LGT Lightstone staff based on information from sources deemed to be reliable. However, LGT Lightstone offers no guarantee with regard to the content of these information, which must not be regarded as complete descriptions or summaries of the securities, markets or trends mentioned therein. LGT Lightstone constantly reviews and updates the information on its Web pages. Despite its best efforts, this information may nevertheless be out of date or based on incorrect data provided by third parties. LGT Lightstone therefore accepts no liability for the information provided being up to date, correct and complete.

Linked Web pages

Users must be aware that LGT Lightstone has no control whatsoever over third-party Web pages linked to or from LGT Lightstone Web pages and therefore accepts no liability for the content of such Web pages being correct, complete and legally valid or for the products and services offered on such Web pages. LGT Lightstone's express, written permission must always be sought before including a link to an LGT Lightstone Web page on a third-party Web page.

Changes and additions

LGT Lightstone reserves the right to make changes and additions to the information provided at any time without prior notice.

Local legal restrictions

The LGT Lightstone website is not intended for persons subject to a jurisdiction that prohibits the publication of or access to the LGT Lightstone website due to their nationality or domicile or for any other reason. Persons subject to such restrictions may not access the LGT Lightstone website. Services and products comprised on this website may be subject to local legal restriction in the transboundary exchange of services. In this regard it might be restricted to LGT Lightstone to offer all services and products in all countries.


The content and structure of these Web pages are protected by copyright. Individual pages and/or sections of the LGT Lightstone website may be stored or printed out, provided neither the copyright information nor any legally protected trademarks are removed. Anyone saving software or other data provided on the LGT Lightstone website or reproducing it in any other way implicitly agrees to the conditions of use. All intellectual property rights remain with LGT Lightstone. The LGT Lightstone website may be reproduced in full or in part, in particular its text and images, forwarded electronically or by any other means, altered, linked to or otherwise used for public or commercial purposes only with LGT Lightstone's prior approval.

Exclusion of liability

LGT Lightstone expressly accepts no liability for losses or damages of any kind arising from using or accessing the LGT Lightstone website or links to third-party websites or from viewing information on its Web pages. Furthermore, LGT Lightstone accepts no liability for any unauthorised manipulation of users' IT systems. LGT Lightstone expressly draws users' attention to the risk of viruses and the threat of hacker attacks. Using the latest browser version and antivirus software is thus strongly recommended. E-mails from unknown senders should not be opened.

Data protection and data transfer security

LGT Lightstone expressly draws users' attention to the fact that data are transferred via public networks such as the Internet or e-mail services, which can be accessed by anyone. LGT Lightstone cannot guarantee the confidentiality of messages or documents sent via such public networks. Anyone sending personal information (such as senders' and recipients' names and addresses) via a public network should be aware that third parties may be able to view, store and use it without their permission. Third parties may thus be able to deduce existing or prospective accounts and business relationships. Even if the sender and recipient are in the same country, data transferred between them often pass through other countries, including countries that do not offer the same level of data protection as the country in question, without being subject to any controls.

Data may be lost or intercepted by unauthorised third parties during the transfer process. LGT Lightstone accepts no liability for the security of data transferred via the Internet or for direct or indirect data loss. For data protection and security reasons, users are advised to contact LGT Lightstone via other means of communication.

The LGT Lightstone website uses cookies access data (e.g. log files, IP address, date and time of access, name of the requested file, access status, page from which access is gained, top-level domain, web browser used, operating system used) are stored. We use these data for statistical purposes, for technical analysis, to improve the server infrastructure, to ascertain the frequency of access, and to draw conclusions about improving the user-friendliness and functionality of the website.

Our website uses what is known as cookies. Cookies are small text files that are saved by the browser on your computer. They do not cause any damage, but serve only to make it easier for you to use and individualize the website.

Some cookies remain stored on your computer until you delete them. They allow us to recognize your browser when you visit our website again. These include, for example, cookies which are technically necessary for the functioning of our website or which offer a service or option requested by you, e.g. a cookie that stores your personal settings, such as the language selected by you.

As we are at pains to constantly improve our website, we use cookies for website and performance analysis, i.e. cookies that give us statistics about the total number of visitors, the pages that were visited, etc. As output we receive statistical analyses which we use to make sure that our website design meets visitors’ needs. This does not enable our service provider to identify you or to come to any conclusions regarding your identity.

For this purpose, we use the following third-party service providers on our website:

Google Analytics provided by Google LLC, 1600 Amphitheatre Parkway, Mountain View, CA 94043, USA ("Google")

The cookies used for analysis by Google Analytics do not contain any personal data. Your IP address is abbreviated directly on your computer. Your IP address is sent to Google Analytics in this anonymized form. Google Analytics will not link your IP address to other information held by Google Analytics and will only pass on data to third parties where this is provided for by law.

You can refuse permission for Google Analytics cookies to be used in future at any time by clicking on this opt-out link:

Please also read the information on the services and data privacy policy of Google Analytics at:

When visiting some of our sites, providers of targeting services can store temporary cookies on your computer's hard disk or your mobile device, which will be automatically deleted after a specified period. These cookies contain computer-generated alphanumeric identifiers that do not permit any conclusions about your person or the IP address of your computer. You can prevent the use of targeting cookies by changing your browser settings so that no cookies are stored.

The above cookies are used to collect anonymized data that make it possible to analyze the use of our website.

To enable you to share the contents of our website via social media channels (Facebook, Twitter, etc.), a cookie has to be installed on your computer. Once this function has been activated, the relevant third-party provider is responsible for the further processing of the data.

Our website can also be used without cookies. However, the functionality of our website may be limited if you do not allow or disable cookies. If you do not wish any cookies, you can change your browser settings to notify you when a cookie should be set, which will allow you to approve cookies on an ad hoc basis only. You can also set your web browser to automatically disable cookies. Please note that most browsers offer different options for protecting your privacy. As a rule, instructions for managing cookies in your browser are available in the browser's Help function or in the instruction manual for your computer. Instructions for disabling cookies in the most common browsers can be found at the following links:

Incorporation of third-party services and contents and use of plugins

Third-party contents and services can be incorporated into our website (known as externally embedded components or plugins/widgets). These always require that the third-party providers of these contents use the visitor’s IP address, as no contents can be sent to the visitor's browser without the IP address.

If you click on the relevant symbol, you consent to communication with the relevant platform and the transmission of information to the third-party provider in question. This does not apply to the following services, where data are transmitted to the relevant third-party provider without you having to click on the relevant symbol:

(a) YouTube videos provided by Google LLC., 1600 Amphitheatre Parkway, Mountain View, CA 94043, USA (“Google”) 

If you click on pages incorporating YouTube videos, a connection is established to Google's “DoubleClick” network. 

As soon as you go to a site incorporating a YouTube video, cookies are activated to collect information on user behavior. Google uses these data to create and analyze user profiles. If you have a Google account and are logged in to this account, your data are also linked to your Google account. You have the right to object against the creation of user profiles, which you can exercise towards Google.

Please also read the information on the services and data privacy policy of Google at:

(b) Google Maps provided by Google Maps (API) of Google LLC., 1600 Amphitheatre Parkway, Mountain View, CA 94043, USA (“Google”) to show our locations and to make it easier to find your way to us

If you click on pages incorporating maps provided by Google Maps, data (e.g. IP address) are transmitted to and stored on Google's systems in the US. Google uses these data to create and analyze user profiles. If you have a Google account and are logged in to this account, your data are also linked to your Google account. You have the right to object against the creation of user profiles, which you can exercise towards Google.

You can prevent the future transmission of your data when you use Google Maps by disabling the web service of Google Maps in your browser.

Please also read the information on the services and data privacy policy of Google and Google Maps at:

We have no control over the scope of the data that are collected by the relevant third-party providers with the help of their plugins or your use of websites that incorporate certain services offered by third-party providers. If you use the services of third-party providers, the relevant third-party provider is responsible for the further processing of the data.


The value of investments may fall as well as rise. Past performance cannot necessarily be taken as a guarantee of positive trends in the future. Furthermore, prospective investors should inform themselves of the potential tax implications of purchasing, owning and selling investment products in their place of domicile and, if necessary, seek advice locally.

Legal information - © LGT Lightstone - All rights reserved - updated August 2019.