Lombard Odier has attributed its strong H1 results to its “prudent” management of client portfolios.

Consolidated net profit was CHF 143 million, up 20 percent from the first half of 2020.

Operating income for the first half of 2021 was CHF 717 million, up six percent from the first six months of 2020.

Total client assets at the end of June stood at CHF 352 billion, up 11 percent from 31 December 2020.

The firm said this growth was helped by strong net...