Julius Baer acquires stake in China-based investment group GROW
Swiss wealth manager Julius Baer said on Wednesday he was taking a tens of millions of US dollars in GROW, a national asset management company based in China.
“With this partnership, Julius Baer is taking a first step into onshore China and, at the same time, GROW clients will have access to Julius Baer’s global investment expertise,” the Swiss bank said in a statement.
Marketzone with Reuters 2022
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