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VZ Group’s assets under management grew by 18.2% to CHF 53.1bn over the course of 2024.
The wealth management group recorded net new money of CHF 5.1bn, up from CHF 4.4bn the year before.
Profit rose by 17.1% to CHF 219.1m, VZ revealed in its 2024 financial results. Revenues were up 13.2% to CHF 525.1m. Revenues from assets under management rose by 16.3%, while banking income only grew by 5.6%.
