Julius Baer moves to open UK front
Julius Baer is to launch an investment product office in London as part of its strategy to be a leading force in the distribution of funds to wealth managers, insurance companies and investment banks in the UK.
The initiative has been led by Beat Wittmann, chief executive of Julius Baer Investment Products, who said in a statement: “Our success in the UK will stem from our disciplined investment process and the high quality and experience of our fund management and client facing teams.”
He added: “We believe that the key to generating real returns in difficult markets is a flexible and active investment strategy. The current market conditions present an excellent opportunity as it is possible to invest in tomorrow’s winners at attractive entry prices.”
The wholesale funds are likely to be based around three core investment themes popular at the Zurich-based private bank – its so-called New Economic World Order, Real Assets & Capital Preservation, and growth niches with pricing power themes.
Wittmann joined Julius Baer last year from Clariden Leu and is gradually becoming a bigger force within the bank’s top management.
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