reports
- Johann Scholtz
Morningstar | Julius Baer Misses Consensus Earnings Estimates Despite ...
Wide-moat Julius Baer reported strong first-half results, with net profit growing by 26% compared with first-half 2017. However, record profit of CHF 444 million was 6% shy of consensus expectations, and the counter traded 4% lower in Monday morning trading on the back of the miss. Assets under management grew by 3% compared with the closing balance at Dec. 31, 2017, with virtually all growth coming from net new money flowing into Julius Baer's portfolios, and with market performance detracting ...
- Johann Scholtz
Julius Baer Misses Consensus Earnings Estimates Despite Strong Results
Wide-moat Julius Baer reported strong first-half results, with net profit growing by 26% compared with first-half 2017. However, record profit of CHF 444 million was 6% shy of consensus expectations, and the counter traded 4% lower in Monday morning trading on the back of the miss. Assets under management grew by 3% compared with the closing balance at Dec. 31, 2017, with virtually all growth coming from net new money flowing into Julius Baer's portfolios, and with market performance detracting ...
- Johann Scholtz
Digital Advice Can Increase the Profits of Investment Services Firms
We agree that there's much to be skeptical of with the original robo-advisor business model. In fact, we wrote in 2015 about the challenging economics, how many stand-alone robo-advisors wouldn't survive, and how robo-advisors integrated with established financial institutions would leapfrog the early leaders. However, new business models are addressing the three faults of the original robo-advisor model: high client acquisition costs, ongoing costs of servicing clients, and low revenue yield on...
- Johann Scholtz
Baer's international expansion increases its long-term growth potentia...
Wide-moat Julius Baer reported good first-half results as the company accelerates its business in Asia. Adjusted net profit increased 28% to CHF 404 million, excluding the Kairos acquisition and pension-fund-related items, despite gross margins remaining flat. The investment in additional relationship managers last year is starting to reap benefits, though, contributing to net inflows of CHF 19 billion, or 6%, in the first six months, with a 15% increase in operating income year over year. Follo...
- Alex Morozov
Julius Baer Reports Good First-Half 2017; Strong Inflows From Asia and...
Wide-moat Julius Baer reported good first-half results as the company accelerates its business in Asia. Adjusted net profit increased 28% to CHF 404 million, excluding the Kairos acquisition and pension-fund-related items, despite gross margins remaining flat. The investment in additional relationship managers last year is starting to reap benefits, though, contributing to net inflows of CHF 19 billion, or 6%, in the first six months, with a 15% increase in operating income year over year. Follo...
- Alex Morozov
Baer's international expansion increases its long-term growth potentia...
Wide-moat Julius Baer published a short update on its performance for the first four months of 2017, presenting good net new money generation and an improving trend in the cost/income ratio. The addition of 116 new relationship managers during the second half of 2016 is starting to bear fruit, delivering accelerated inflows to assets under management in the middle of Baer’s targeted 4%-6% range. As a result, total assets under management grew CHF 20 billion or 6% to CHF 356 billion in the fi...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.