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AUM growth and cost improvement boost Julius Baer profitability in first ten months

Julius Baer adds ex-ABN AMRO banker in Singapore

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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