Macro

Macro: reflecting recent positive sentiment, Julius Baer Group’s CEO Boris Collardi noted that there are "no more desperate sellers" in Europe. Now switching focus and looking for M&A opportunities in Asia, although sees few opportunities at present bcs “everyone wants to buy, no one wants to sell”. The Group targets for its proportion of assets under management in Asia to grow to btwn 20-25% of the total over the next five years.