Vontobel reports strong growth in Asset Management in 2019

Ridhima Sharma
clock • 1 min read

Despite the still challenging operating environment, which continued to be affected by low interest rates, geopolitical uncertainty, markets with low transaction volumes, and strong competition, Vontobel delivered another good result in the financial year 2019. Asset Management was once again Vontobel's engine of growth in the second half of 2019. At CHF 11bn or 10.8%, its growth in net new money for 2019 far exceeded the ambitious 4-6% target range. In particular, the Fixed Income boutique, including TwentyFour Asset Management, Multi Asset and Sustainable Equities, attracted strong inf...

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