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Julius Baer’s H1 NNM flows “within target range”

Julius Baer has once again hit its global net new money growth range of 4-6% annualised, even as clients in Asia deleveraged in response to US rate hikes, the bank said today. Net new money flows reached CHF 9.9 billion (5.1% annualised) for the first half of the year, with Dieter Enkelmann, CFO, saying the figures were “well within the…

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