Asia to Be Julius Baer Second Home Market
Asia is poised to be Julius Baer second home market. The region’s pool of investable assets held by High Net Worth Individuals (HNWI) is on track to reach USD 14.5 trillion by 2020, representing growth of 160% in the current decade.
Julius Baer expects to see HNWI assets of $8.25 trillion in China and $2.3 trillion in India over the coming four years, confirming the estimates published in a 2015 Julius Baer Wealth report.
News Source: Julius Baer Research
About Julius Baer
Julius Baer Group (SIX:BAER) is the leading Swiss private banking group, which origins date back to 1890. Recognising the importance of Zurich as a centre of international trade, Julius Baer, founder and namesake of the Group, opened shop on Zurich’s famous Bahnhofstrasse in the 1890s. What initially started small, rapidly expanded into wealth management and securities and FX trading – business activities that still remain at the core of the Julius Baer Group today.
- Origin : Zurich, Switzerland
- Assets : CHF 84.12 billion
- Revenue : CHF 2.69 billion
- Employees : 5,364
Official Website: www.juliusbaer.com
News & Media: Press Release
Updated on 8th August 2016