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AUMs down, underlying net profit up: Julius Baer half-year results

Julius Baer Group’s total worth of assets under management (AUMs) fell 2% in the first half of the year, hit by a negative currency impact of more than CHF20 billion (US$20.76 billion), it said in a report. The Swiss private bank’s AUMs totaled CHF284 billion (US$295 billion) in H1 2015, though net new money for the year came to CHF6…

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