Julius Baer increases AUM thanks to IWM acquistion

22 July 2013 | 2 minutes read

Swiss pure-play, Julius Baer, has achieved a 15% increase in assets under management (AUM) for the first half of 2013, with Merrill Lynch’s international wealth management (IWM) business (ex-United States and Japan) accounting for a big chunk of that increase. Client AUM hit CHF218 billion (US$232 billion), up CHF39 billion (US$41 billion) from CHF179 billion (US$190 billion) for the year…

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