Julius Baer’s profitability “rose significantly” in the first ten months of 2021, on the back of solid growth in client assets and improved cost-efficiency. AUM at the end of October was CHF 484 billion (US$520 billion), up 12% YTD, thanks to net new money inflows expanding at an annualised 4%, a robust stock market performance and advantageous currency movements. (While…
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