Vontobel confirms strategy and targets

Ad hoc announcement pursuant to Art. 53 LR, Media release
11/10/2022 Reading time: 1 minute(s)

  • In a “new world” Vontobel remains on course to deliver on its strategy as a global investment firm
  • Focus on established markets with sophisticated clients
  • Access to more than 80 percent of global wealth requiring professional investment management
  • Vontobel will offer private clients access to investment opportunities in Private Markets
  • Hybrid service model with a range of options for all private clients
  • Plans to accelerate growth in the US
  • Growth and income targets remain unchanged for the period to 2024
  • Strict focus on relevant and essential costs in the new market environment
  • Result for first nine months of 2022 reflects general market environment
  • Results trend seen in first six months has continued
  • Good performance in Wealth Management, while institutional investors remain on the sidelines
  • Wealth Management net new money exceeds target range