Julius Baer offers investors advice

At a luncheon in Hong Kong, Beat Wittmann, the Zurich-based CEO of investment products at Julius Baer, speaks to high-net-worth individuals about the outlook for the markets.

ôThe market systemic risk is out, and thatÆs a good thing,ö says Beat Wittmann, the Zurich-based CEO of investment products at Julius Baer, who was advising about 50 high-net-worth clients at a lunch held at the China Club in Hong Kong earlier this week. ôI donÆt think the worst is over for individual players in the financial market place. But weÆve already seen most of the damage.ö

Wittmann, who works at Switzerland's largest dedicated wealth manager, was talking to clients...

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