Julius Baer sees departure of seven investment specialists
Seven investment specialists in Julius Baer’s investment products division in Zurich have left the bank.
Among those leaving include Andre Ruegg, head sales & distribution, and six others working with Ruegg. The names of the others have not been released.
Beat Wittmann, head of Julius Baer’s investment products division, confirmed the departures and said they left as part of the on-going strategic changes at Julius Baer.
“We would expect these departures in the normal course of any strategic changes,” he said.
It is not known where the seven are going, although a source close to the bank said that all of them were joining a “small institutional asset management group in Switzerland”.
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