Julius Baer AUM hits SFr 528bn, signals “substantially higher” H1 profit

Julius Baer has reported assets nether absorption of SFr 528bn ($672.5bn) successful the archetypal 4 months of 2026, representing a 1% emergence from the extremity of 2025.

It attributed the summation to supportive marketplace movements and SFr 3bn successful nett caller money, which unneurotic were capable to antagonistic the resistance from different emergence successful the Swiss franc.

The annualised gait of nett caller wealth was 1.7%, compared with 2.7% successful the 2nd fractional of 2025.

The slope linked the little complaint to the continued roll-out of its revised hazard and compliance framework, uncertainty stemming from the struggle successful the Middle East, and a halt successful lawsuit releveraging.

Julius Baer was continuing efforts to incorporate costs crossed the organisation and amended operating efficiency. It added the programme to present SFr 130m successful gross run-rate ratio measures by the extremity of 2028 remained connected course.

The adjusted cost/income ratio was 62%, compared with an underlying 67% successful the 2nd fractional of 2025.

The adjusted pre-tax nett borderline was 32 ground points, versus an underlying 26 ground points successful the H2 2025.

Julius Baer CEO Stefan Bollinger said: “In the archetypal 4 months of 2026, we delivered the strongest commencement to the twelvemonth successful Julius Baer Group’s past successful presumption of operating income, portion operating leverage improved further. This wide beardown show was driven by record-high assets nether management, exceptionally beardown lawsuit activity, and sustained outgo discipline. This show is simply a testament to the spot of our franchise and the prime of our independent, personalised proposal arsenic we assistance clients navigate highly volatile markets successful unpredictable times.”

The slope said that aft weaker lawsuit enactment successful April, it did not expect a instrumentality successful the coming months to the unusually precocious level of enactment seen successful the archetypal 4th of 2026.

It said the wide showing successful the opening months of the year, unneurotic with the deficiency of important one-off items, meant it was positioned to study IFRS nett net for the archetypal fractional of 2026 that would beryllium “substantially higher” than successful the archetypal fractional of 2025.

Meanwhile, Julius Baer Group’s concern main Evie Kostakis volition measurement down aft a modulation play successful the 2nd fractional of the year, arsenic she moves connected to different planetary enactment post.

The Swiss slope said it is moving connected succession plans and volition sanction a replacement later.

Kostakis is acceptable to enactment until the extremity of 2026 to enactment the handover to her successor.

"Julius Baer AUM hits SFr 528bn, signals “substantially higher” H1 profit" was primitively created and published by Private Banker International, a GlobalData owned brand.