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Vontobel assets under management reach SFr255bn on market gains

Original: Vontobel AuM hits SFr255bn on strong market gains

Swiss private bank and asset manager Vontobel has reported assets under management of SFr255 billion, an increase driven largely by strong market performance rather than new client money. The figure highlights how rising financial markets have boosted the balance sheets of Swiss wealth managers. The result gives investors a fresh read on how Vontobel's fee-based income is tracking amid volatile conditions in global markets.

Why now: Investors are reacting to the Swiss bank's updated assets-under-management figures and what they signal for earnings.

VontobelSwitzerland

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