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Julius Baer’s shares spike post results

Julius Baer’s shares shot up 6.7% to CHF 53.7 within 20 minutes of the group reporting first-half results yesterday, which showed that the bank exceeded its target range for net new money (NNM) growth and that assets under management jumped by CHF 19 billion YoY, or 6.1%, to CHF 354.7 billion. The Swiss pure play’s shares ended the day 4.47%…

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