Vontobel CEO Staub Warns of Geopolitical, Interest-Rate Risks

Vontobel CEO Staub Warns of Geopolitical, Interest-Rate Risks

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Business

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The video discusses the growth in asset management, highlighting a 9.6% annualized growth from net new money with stable margins. It emphasizes the success of high conviction products across various channels and markets. The second half of the year presents risks due to geopolitical tensions and low interest rates, but no specific concerns are highlighted. Negative interest rates are not a major issue for the company, as they focus on wealth management rather than banking. Future inflows are expected to remain strong in asset management, while wealth management faces challenges due to integration processes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected trends in inflows for wealth and asset management for the rest of the year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the company face in wealth management due to integration processes?

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