Julius Baer Flags Slower Inflows Vs Mid-Yr; Assets Up

Julius Baer Group AG Tuesday said that inflows of funds from wealthy clients have slowed from mid-2009, as clients in Europe shift assets and the Zurich-based bank exits U.S. business.

Julius Baer said, though, that net new money is positive for the 10 months through October, supported by growth markets, which include Asia.

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