Lombard Odier reports record client assets in first half

Lombard Odier's total client assets reached CHF 367 billion ($457.5 billion) and assets under management (AUM) rose to CHF 239 billion ($297.9 billion) in the first half of 2026.

In the first half of 2026, Lombard Odier's total client assets reached a record CHF 367 billion ($457.5 billion), up 5% on end-December 2025. AUM rose 7% compared to year-end 2025 to a record high of CHF 239 billion ($297.9 billion), lifted by strong net new money, a reflection of continued client confidence, and solid performance across the group’s investment strategies.

Half-year operating income increased 9% year-on-year to CHF 740 million ($917 million). Operating expenses remained stable despite continued investment in talent and technology, resulting in a 25% increase in net profit to CHF 138 million ($171 million).

Lombard Odier maintains one of the strongest balance sheets in the industry, totalling CHF 17 billion ($21.2 billion) at end June 2026, a CET1 ratio of 31%, more than double the regulatory requirements, and a Fitch rating of AA-.

Hubert Keller, senior managing partner of Lombard Odier Group, stated: “Delivering superior long-term returns for our clients remains our key objective. During the first half of 2026, our investment teams combined deep market insights with specialist capabilities in multi- and single-asset strategies to deliver strong investment performance through complex market conditions.

Clients continue to choose us for our investment expertise and stability, and we remain committed to earning that trust every day.”

Re-disseminated by Wealth and Society