Julius Baer makes Mexico push

Swiss wealth management group Julius Baer has increased its stake in NSC Asesores by acquiring an additional participation of 30% of the company for an undisclosed amount, following its initial purchase of 40% in 2015.  The transaction will significantly strengthen Julius Baer's and NSC Asesores' position in Mexico.  NSC Asesores manages client assets of approximately $3.5bn. The transaction is immediately accretive to Julius Baer's earnings per share and will have a modest impact on the Group's capital ratios. The current management team of NSC Asesores under the leadership of Cla...