Julius Baer hires emerging Asia head

Swiss private lender puts its money where its mouth is after predicting growing wealth for high net worth investors in the Philippines and Thailand last year.

Julius Baer hires emerging Asia head

Last October, amid widespread speculation about the direction of US rates and fears about the global economy, Switzerland’s Bank Julius Baer released its annual Wealth Report. The document, which tracked the rise and fall of wealth among the very rich, provided a tonic to the doom and gloom heard from some parts of the market.

Julius Baer told its clients that the wealth held by high net worth investors in countries across Asia would jump...

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