
Julius Baer reports strong inflows and earnings
Julius Baer said in a trading statement today that inflows into its wealth management unit continue to be strong during the first four months of the year.
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“the global super-rich have yet to regard the financial market meltdown as a reason to rein-in their spending.” -- James Rutter
Monday, 12th May 2008

Julius Baer said in a trading statement today that inflows into its wealth management unit continue to be strong during the first four months of the year.

Robert Redford, the Hollywood actor and director, has agreed to sell his stake in the Sundance Channel, which he helped found, for $496 million in stock and cash.
Rich Monitor

The gap between the wealthy in developed and developing economies is closing fast, according to a Barclays Wealth study.
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Russian billionaire Roman Abramovich has paid $36.3m (€23.3m) for an eleven bedroom mountainside mansion in Colorado, less than a week after commissioning the conversion of a central London house worth £150m – the UK’s most expensive property in history.
Rich Monitor
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