Zurich-based investment manager Vontobel reported a record profit of 216 million Swiss francs for the first half of 2026, an increase of 87 percent from the same period a year earlier.
Operating income rose 24 percent to 852 million francs, while operating expenses came in at 579 million francs.
The combination delivered a marked improvement in efficiency. Vontobel’s cost-income ratio fell to 67.9 percent from 77.9 percent a year earlier, putting it below the firm’s through-the-cycle target of 72 percent.
Return on equity climbed to 16.9 percent, compared with 10.2 percent in the first half of 2025.
«Vontobel delivered a very strong result in the first half of 2026. Higher revenues, driven by strong client activity, combined with a lower cost base led to a significant increase in profit,» Co-CEOs Christel Rendu de Lint and Georg Schubiger said.
