Business · Companies · 19 hrs ago
Pictet sets out growth priorities as assets reach 810 billion francs
Pictet’s assets under management and custody reached 810 billion Swiss francs by June 30, 2026, nearly double the 437 billion recorded in 2015.
The Swiss financial group says it grew organically by 6 to 7 percent a year over the past decade, without acquisitions.
Pictet says this approach has helped it preserve its culture and its partner-owned model.
Its new five-year strategy, called Ambitions 2030, includes expanding investments in private equity and real estate as wealthy clients increase allocations to those areas.
The group also wants to deepen its presence in Asia, which it sees both as a source of capital and a market for clients’ investments.
Technology has become central to Pictet’s business, with more than 1,000 engineers among about 5,600 employees.
Pictet also points to changes in wealth management, including the growing role of artificial intelligence, family offices and independent wealth managers.
Pictet said its assets under management and custody reached 810 billion Swiss francs on June 30, 2026, after nearly doubling in ten years.
The group said its growth has been fully organic, with no acquisitions in its 221-year history.
Sven Holstenson outlined priorities for the group’s Ambitions 2030 strategy, including private assets, expansion in Asia and technology.
Pictet said it employs more than 1,000 engineers among about 5,600 staff.
- Who
- Pictet, with strategic priorities outlined by Sven Holstenson.
- What
- The group set out growth priorities as its assets under management and custody reached 810 billion Swiss francs.
- When
- The assets figure was as of June 30, 2026. The article was published on October 16, 2026.
- Where
- Pictet is expanding in Asia and sees German-speaking Switzerland as a promising market.
- Why
- Pictet aims to continue its long-term growth by developing private assets, expanding in Asia and transforming its technology.
This story does not have two clearly opposing sides.
Pictet had 437 billion Swiss francs in assets under management.
Pictet’s assets under management and custody stood at 810 billion Swiss francs.
finews.ch published its interview with Sven Holstenson about Pictet’s growth and strategic priorities.
Pictet began its next five-year strategic cycle after completing Ambitions 2025.
- Assets on June 30, 2026
- 810 billion Swiss francs
- Assets in 2015
- 437 billion Swiss francs
- Annual growth over ten years
- 6 to 7 percent
- Employees
- About 5,600
- Engineers
- More than 1,000
- Strategic cycle
- Ambitions 2030
What people are saying
Since 221 years, Pictet has developed without acquisitions. This approach has enabled us to preserve our values and our corporate culture.
Today we are an investment-led service company powered by technology.