Brief: Vontobel Holding AG - 9M Assets Under Management GUp At CHF 207 Bln

Vontobel Holding AG

31/10/2023 06:04

Oct 31 (Reuters) - VONTOBEL HOLDING AG  VONN.S :
    * ACHIEVES STABLE RESULT FOR FIRST NINE MONTHS OF 2023
    * ASSETS UNDER MANAGEMENT GREW SLIGHTLY FROM CHF 204 BILLION
AT
START OF 2023 TO CHF 207 BILLION AT END OF SEPTEMBER 2023
    * AUM INCLUDES 9M NET ASSET OUTFLOWS OF CHF 2.5 BILLION, A
POSITIVE EFFECT OF CHF 7.0 BILLION DUE TO MARKET PERFORMANCE, AS
WELL AS NEGATIVE CURRENCY EFFECTS OF CHF 1.7 BILLION
    * 9M NET ASSET OUTFLOW OF CHF 2.5 BILLION DRIVEN BY CHF 5.4
BILLION NET OUTFLOWS IN ASSET MANAGEMENT (9M22: CHF 7.3 BILLION)
AND CHF 3.0 BILLION OF NET INFLOWS IN WEALTH MANAGEMENT (9M22:
CHF 3.9 BILLION)

Further company coverage:  VONN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))