Dubai: Commenting on the sidelines of his participation at the Global Financial Forum held in Dubai, Rémy A. Bersier, Head Emerging Markets and member of the Executive Board of Bank Julius Baer said: “Wealth management remains a growth industry globally with investable assets of high and ultra-high net worth individuals are expected to grow at a pace of 4.7% annually by 2021. Julius Baer is best positioned to benefit from this growth and capture wealth creation dynamics in the growth markets including Middle East.   

The UAE is considered one of the bank’s core markets and hubs our Emerging Markets business. We established a presence in Dubai 15 years ago and we were the first organisation to be licensed in the Dubai International Financial Centre (DIFC) which highlights our commitment and progressive vision towards the region. Since then, we continue to work closely with clients across the region with a focus on growing and preserving their wealth across generations. We have seen positive signs in the past few years with an increasing focus on economic diversification away from oil than ever before in addition to investments in a variety of growth sectors.

Looking forward, and as we continue to make investments in digitization to create a seamless experience for clients, we believe that personal relationships will remain at the heart of wealth management and become even more important in the future. As such, our focus on pure private banking coupled with our open architecture positions us as trusted advisors to provide excellent investment solutions to clients and differentiates us from others in the market. We are committed to Dubai which provides unparalleled opportunities being ideally located half-way between important hubs namely Switzerland and Singapore. At Julius Baer, our client-centric model and innovation play a fundamental role and give us an excellent position to serve our clients in UAE with the best possible advice.”

Contacts
Media Relations,
tel. +41 (0) 58 888 8888
Nadine Mazraani
mob. +971 50 719 6775
nadine.mazraani@edelman.com 

About Julius Baer
Julius Baer is the leading Swiss private banking group, with a focus on servicing and advising sophisticated private clients and a premium brand in global wealth management. At the end of 2018, assets under management amounted to CHF 382 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private bank with origins dating back to 1890, is the principal operating company of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker symbol: BAER) and are included in the Swiss Market Index (SMI), comprising the 20 largest and most liquid Swiss stocks.

Julius Baer is present in over 25 countries and more than 50 locations. Headquartered in Zurich, we have offices in key locations including Dubai, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Milan, Monaco, Montevideo, Moscow, Mumbai, Singapore and Tokyo. Our client-centric approach, our objective advice based on the Julius Baer open product platform, our solid financial base and our entrepreneurial management culture make us the international reference in private banking.

For more information visit our website at www.juliusbaer.com 

© Press Release 2019

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