Julius Baer's head of investments in London, Johan Jooste, tells Julia Rampen what two years of stability have done for sentiment, and why expectations could be missed in 2014.
The Swiss private bank Julius Baer made strides in the wealth management world in 2012 when it acquired Merrill Lynch’s international wealth management arm. The deal helped cement its position in the UK ahead of the introduction of the RDR, and by the end of 2013, the group’s total client assets under management had climbed to £172bn. A Merrill Lynch man, Johan Jooste was appointed head of the Julius Baer investment team in London after the acquisition. Here he reveals how clients feel about risk after a few years of equity market gains, the threats facing markets, and the best invest...
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