Pictet announces first half 2025 results
Positive client momentum and solid investment performance continued to drive results, though the weaker US dollar weighed on assets under management or custody, which stood at CHF 711 billion as at 30 June 2025 (down 2% from 31 December 2024).
The Pictet Group’s total equity and total capital ratio remain strong. Total equity came to CHF 3.34 billion on 30 June 2025. The total capital ratio stood at 24.3%, well above the minimum of 12% required by Pictet’s Swiss regulator FINMA.
Commenting on the results, Marc Pictet, Senior Managing Partner, said: “In a year marked by geopolitical uncertainty and significant currency shifts, the Pictet Group reports stable half-year results that once again underline the resilience of our business model and the trust of our clients. We will continue to invest in talent and technology to drive superior investment results and an exceptional client experience.”
Note to editors
The Pictet Group is a partnership of owner-managers, with principles of succession and transmission of ownership that have remained unchanged since its foundation in 1805. The Group focuses exclusively on wealth management, asset management, alternative investments and related asset services. It does not engage ininvestment banking, nor does it extend commercial loans.
With CHF 711 (EUR 761/USD 893/GBP 652) billion in assets under management or custody as at 30 June 2025, Pictet is today one of Europe’s leading independent wealth and asset managers for private clients and institutional investors.
Founded and headquartered in Geneva, Switzerland, Pictet today employs around 5,500 people. It has 31 offices worldwide, in Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, Lisbon, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, New York, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.