In the ten months to the end of October 2019, Julius Baer Group's assets under management (AuM) grew to CHF422bn, a year-to-date increase of 10%. The increase was driven by strong positive market performance and continued net new money inflows, partly offset by the year-to-date strengthening of the Swiss franc against the euro. Philipp Rickenbacher, chief executive officer of Julius Baer Group Ltd., said: "With our cost efficiency moving towards the targeted level and gross margins provin...
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