Vontobel: record level of advised client assets, healthy demand for leverage products

Vontobel has reported a ‘strong’ net inflow of new money in the first nine months of 2020, resulting in an annualised growth of nine percent – exceeding its target range of four to six percent. Overall, clients entrusted the bank led by chief executive officer Zeno Staub ( pictured ) with CHF12.9 billion (US$14.1 billion) of new money in the first nine months of the year, boosted by the business with institutional clients in asset management, which generated 10% growth in net