The Swiss asset management industry reached a new record high, consolidating its position as Europe’s third largest after the United Kingdom and France. +Get the most important news from Switzerland in your inbox Assets under administration reached CHF3.73 trillion ($4.67 trillion) in 2025, 8% more than in the previous year, the Asset Management Association Switzerland (AMAS) indicated. “The sector remains resilient, internationally relevant and strategic for the Swiss financial centre,” the organisation’s director Adrian Schatzmann said in a statement. A study carried out with the consulting firm Zeb identifies the so-called private markets, innovation and greater access to international markets as the main factors that will lead to increased inflows of money and improved competitiveness. Around one-third of assets under management in Switzerland already come from foreign clients. Despite growing volumes, the picture is not without its critical points. The report highlights a …