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Julius Baer acquires stake in China-based Grow investment group

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Published Wed, Sep 21, 2022 · 01:28 PM
    • Julius Baer said on Wednesday it was making an equity investment in Grow, a China-based domestic asset management company.
    • Julius Baer said on Wednesday it was making an equity investment in Grow, a China-based domestic asset management company. PHOTO: REUTERS

    SWISS wealth manager Julius Baer said on Wednesday it was making a low-double-digit-million US dollar equity investment in Grow, a China-based domestic asset management company.

    “With this partnership, Julius Baer takes a first step into onshore China and at the same time, Grow’s clients will gain access to Julius Baer’s global investment expertise,” the Swiss bank said in a statement. REUTERS

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