Vontobel reports positive net new money, more outflows from institutional clients

Vontobel Holding AG

24/04/2025 06:14

April 24 (Reuters) - Vontobel Holding VONN.S on Thursday said assets under management had increased to 235.1 billion Swiss francs ($283.80 billion) in the first quarter of 2025.

In a three-month 2025 trading update, the Swiss private bank reported total positive net new money of 0.6 billion francs.

The private clients segment had delivered inflows of 2.4 billion francs, while the institutional clients segment posted net outflows of 1.8 billion francs, the bank said.

($1 = 0.8284 Swiss francs)

 (Reporting by Ariane Luthi, Editing by Rachel More)

 ((Ariane.Luthi@thomsonreuters.com;))