Best Pure Play Private Bank Discretionary Portfolio Management
Julius Baer
Best Pure Play Private Bank – Discretionary Portfolio Management
Bhaskar Laxminarayan
CIO and head investment management Asia,
Bank Julius Baer
Clinching the Best Pure Play Private Bank – Discretionary Portfolio Management award is proof of our commitment to excellence as we continue to deliver best-in-class solutions in our industry.
I am delighted by our team’s ability to navigate the intricacies of the market and support discerning clients with tailored and effective financial advice. As an already established leader in discretionary portfolio management, this recognition further showcases our dedication to understanding the unique dynamics of the markets and our skill in developing innovative financial solutions that resonate with our clients.
Our enduring pursuit of client satisfaction ensures that our solutions continue to set industry benchmarks. This award is a concrete display of our team’s expertise and commitment to delivering exceptional financial outcomes for our valued clients.
What was behind the judges’ decision?
- The bank’s clients appreciate dedicated advisor mandates supported by the investment team who work closely with group heads, team heads and RMs to meet clients directly
- The firm also focuses on long-term secular themes which can be implemented via DPM on behalf of the client, as single-theme can only play out if the theme is right, as the volatility can be quite high if there are headwinds in certain sectors
- By 2025, Julius Baer has a target of reaching 25% global penetration in DPM. In fact, the bank has been hiring more portfolio managers and is expanding its bonds, equities and multi-asset team in Asia in anticipation of managing a larger pool of assets
What we said
“People, process, products and performance: Julius Baer takes a scientific approach to all of the above. With solid business growth and DPM penetration among clients, the pure play truly stood out with a dedicated mandate advisory team in Asia which grew sharply in 2023,” said Twinkle Sparta, associate editor, Asian Private Banker.
“Led by Bhaskar Laxminarayan, Ancus Mak and Jia Hao Sng, the team is devoted to improving client experience from investments to life through numerous customised, exclusive online and physical events. The bank continues its efforts in outsourced CIO mandates, bespoke mandates, global income strategies and India strategies.
“For the above reasons and more, the judging panel at APB extends its heartfelt congratulations to the team at Julius Baer for its success as Best Pure Play Private Bank – Discretionary Portfolio Management.”
Contact Us
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