Julius Baer May Exceed Hiring Target, CEO Hodler Says

The CEO of Julius Baer discusses the company's record net profit and strategic growth in the first half of the year. Key areas of focus include hiring in Asia, the Middle East, and Europe, as well as navigating market challenges and trade tensions. The company remains committed to its growth targets in Asia and Latin America, while also exploring acquisition opportunities in Europe. Shareholder returns and market volatility are addressed, with a positive outlook on the UK market despite Brexit uncertainties.

What was the record net profit achieved by Julius Baer in the first half of the year?

• 450 million

• 470 million

• 500 million

• 480 million

Which three regions are contributing most to Julius Baer's growth this year?

• Europe, Middle East, Africa

• South America, Asia, Africa

• Asia, Middle East, Europe

• North America, Asia, Europe

What was the CEO's guidance for net new money growth this year?

• 5% to 7%

• 4% to 6%

• 6% to 8%

• 3% to 5%

What percentage of Julius Baer's assets are managed in Asia?

• 20%

• 15%

• 30%

• 25%

What is the CEO's expectation regarding market volatility in the next two years?

• Volatility will disappear

• Volatility will increase

• Volatility will remain the same

• Volatility will decrease

What is Julius Baer's strategy if there are no large acquisition opportunities?

• Invest in new technology

• Expand into new markets

• Increase employee salaries

• Return capital to shareholders

How does the CEO view the UK's wealth market in light of Brexit?

• As a declining market

• As a stable market

• As an interesting wealth market

• As a risky market