Julius Baer Group’s assets under management (AuM) stood at CHF401bn at the end of April 2018, a year-to-date increase of CHF13bn or 3%.

“The rise in AuM came on the back of continued net inflows as well as a positive currency impact, the latter mainly following the strengthening of the US dollar in April,” the Swiss private bank said in a statement.

Net new money inflows were above 5% in the first four months of 2018, in line with the bank’s 4-6% target range. Inflows were particularly strong from clients domiciled in Europe, Switzerland and Asia.

The gross margin over the first four months of 2018 stood at 93 basis points, up 5 basis points compared to the second half of 2017. The bank attributed the rise to a step-up in client activity that strengthened net commission and fee income and net trading income.

The private bank’s BIS total capital ratio and BIS CET1 capital ratio at the end of April 2018 were 19.8% and 13.3%, respectively.

The cost income ratio stood at just below 67%, inside the 64–68% medium-term target range.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.