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Vontobel Inflows Exceed Expectations, SonntagsZeitung Reports

July 01, 2012

Vontobel Holding AG (VONN)’s net new money inflows clearly exceeded the bank’s expectations for the first half of 2012, SonntagsZeitung reported, citing Axel Schwarzer, the head of asset management.

Vontobel would consider acquiring an asset management firm overseeing as much as 25 billion Swiss francs ($26.4 billion), the Swiss newspaper quoted Schwarzer as saying.

To contact the reporter on this story: Leigh Baldwin in Zurich at

To contact the editor responsible for this story: Mariajose Vera at

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