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Julius Baer raises US$867m for FMP fund

Julius Baer has recently raised over US$800 million for an internally managed fixed maturity portfolio (FMP), Asian Private Banker has learnt. Launched on 18 June, Julius Baer Fixed Maturity 2024 Asia strategy raked in US$867 million from the bank’s private clients over five days. In a fund format, it is managed by its internal discretionary portfolio management team and distributed…

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