The Zurich-listed organisation drew in new money in the first three months of this year, but the pace was slower than in the same time a year before. Total AuM held broadly steady.

Vontobel logged SFr1.7 billion ($2.16 billion) of net new money in the first three months of 2026, decelerating from SFr4.2 billion a year before, it announced late last week.

Total assets under management dipped to SFr240.1 billion at the end of March from SFr240.7 billion 12 months earlier.

Within the private clients area, net new money was SFr1.3 billion, falling from SFr5.8 billion, it said in a statement.

Institutional client net inflows totalled SFr300 million, mainly from fixed income. This includes outflows of SFr1.0 billion from Raiffeisen, the Zurich-listed firm said.

Earlier in April, Vontobel said it was opening a new branch in Düsseldorf this year to serve high net worth private clients and family offices across North Rhine-Westphalia in Germany.