Vontobel reports strong net new money, institutional flows positive in Q1 (updated)

Vontobel Holding AG

23/04/2026 06:37

Recasts, adds context in paragraph 2, financial details and quote in bullet points

April 23 (Reuters) - Swiss bank Vontobel Holding VONN.S on Thursday reported total positive net new money of 1.7 billion Swiss francs ($2.2 billion) for the first quarter of 2026, as institutional flows started the year on the positive side.

The bank's private client segment has driven recent performance after Vontobel reported a string of withdrawals by institutional investors last year, facing headwinds from lower interest rates and the weaker U.S. dollar.

The private clients segment delivered inflows of 1.3 billion francs in the first three months of the year

The institutional clients segment also posted net inflows of 0.3 billion francs, which includes a 1 billion franc outflow from Raiffeisen Funds

"Vontobel delivered positive inflows and stable assets during the first three months of the year, despite persistent macroeconomic uncertainty and market volatility," the bank said

Assets under management remained roughly stable at 240 billion francs in the first quarter

($1 = 0.7854 Swiss francs)

(Reporting by Danny Callaghan in Gdansk; editing by Milla Nissi-Prussak)

((Email: danny.callaghan@thomsonreuters.com))