Lombard Odier reported net profit of SFr138m ($172.7m) for the first half of 2026, up 25% from SFr111m in the same period last year. Operating income rose 9% year-on-year to SFr740m, whilst operating expenses remained flat. The Geneva-based wealth manager's total client assets reached SFr367bn at the end of June 2026, 5% higher than at end-December 2025. Assets under management grew 7% to SFr239bn over the same period. Senior managing partner Hubert Keller said delivering superior long-term returns for clients remained the firm's key objective. He noted clients continued to choose Lombard Odier for its investment expertise and stability. The group employed 2,895 people across 26 offices in 19 jurisdictions at the end of June.

Lombard Odier has launched PrivilEdge – Algebris Financial Bonds, an actively managed fund focusing on bank credit, particularly in Europe. The fund targets large global banks and national champions operating under the highest regulatory capital requirements, combining high-quality issuers with low turnover and selective exposure to AT1 bonds. Algebris Investments, a London-based asset manager specialising in European financial institutions, will manage the strategy. The firm was an early investor in AT1 bonds and employs six investment professionals averaging over 18 years of experience each. The fund is registered for distribution across 11 European markets and Switzerland, offering share classes hedged in US dollars, Swiss francs and sterling. Lombard Odier's PrivilEdge platform now manages CHF 9.4 billion across more than 30 funds.