Vontobel confirms strategy and targets
- 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
