Core «Healthcare» strategies attract more than CHF 1 bn for the first time

Assets under management increase 14% thanks to new money inflows and performance-driven growth

• Net new money of CHF 377 mn represents exclusively organic growth
• Investment strategies in healthcare, our core area of expertise, attract more than CHF 1 bn in net new money for the first time in the history of the company. These inflows are spread across the entire range of our healthcare investment solutions
• Differentiated alternative investment solutions (incl. the new «Private Markets» unit) show stability despite the market turbulence
• Asset outflows from traditional investment vehicles slowed versus the previous year – but bond and multi-asset strategies remained pressured by ruthless structural competition
• Termination of a large institutional mandate with a very low margin had a negligible impact on income