If all goes to plan, Swiss pure-play, Julius Baer, may be about to leapfrog German rival, Deutsche Asset & Wealth Management (DeAWM), on the Asia-based assets under management league table, after yesterday initiating the transfer of Merrill Lynch’s Wealth Management (IWM) businesses in Asia’s two key financial hubs, Hong Kong and Singapore. In a statement released today, Julius Baer said that it…
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