Julius Baer wins this award for the investment the firm is making in this core Asian market, as well as the global expertise it offers Indian clients.
The bank – the largest foreign wealth manager in India – has initiated a five-year, onshore-focused business transformation strategy, which will expand its on-the-ground presence from seven cities to 10 over the next few years.
This comes after years of achieving good growth in the country – a pivotal market in the firm’s pan-Asia, onshore and offshore coverage, which includes China, Hong Kong, Japan, Singapore and Thailand.
A key strength of the firm is its discretionary fund platform
A key strength of the firm is its discretionary fund platform, which is used by high and ultra-high net-worth clients across Asia, and particularly India.
In addition to launching a global income opportunity fund last year, the firm also launched its maiden JB Equity India fund, raising $167 million from investors in just two weeks.