Julius Baer, the most important international wealth administration agency in India, is proud to announce its transfer to a brand new workplace at Worldmark 2, Aerocity in New Delhi. This milestone underscores the agency’s five-year transformation technique, introduced in August 2022, which entails investments in folks, merchandise, operations, expertise, and infrastructure.
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Julius Baer relocates to a state-of-the-art workplace in New Delhi
Strategically positioned in a primary location in New Delhi, the brand new premise is provided with cutting-edge energy-saving options with superior infrastructure, central water factors, lowered plastic consumption – all aligning with our unwavering dedication to long-term sustainability.
With India poised to develop into the world’s second-largest economic system by 2050, Julius Baer is assured of the immense progress alternatives current in wealth administration in India. As a part of the agency’s strategic hub and spoke mannequin, this workplace features as a satellite tv for pc location, persevering with to play an important function in serving purchasers in the Delhi NCR area and numerous places throughout North India.
Rahul Malhotra, Head Private Banking Global India & Developed Market at Julius Baer, mentioned, “Every day, India welcomes nearly three individuals who join the ultra-high net worth individuals (UHNIs) club, with net worth in excess of USD 30 million. As the number of millionaires in the country continues to grow rapidly, Julius Baer India will take this opportunity to extend our footprint. Our move to this cutting-edge office space is testament to our commitment to India and we are focused on delivering best-in-class wealth management solutions to our clients. Our comprehensive range of managed solutions include discretionary portfolio management and wealth planning services to sophisticated clients across North India – a critical market for the firm.”
Umang Papneja, CEO, Julius Baer India, mentioned, “India’s wealth sector is valued at USD $600 billion and growing at a rate of 12% annually, yet only a quarter of this wealth is professionally managed. We are delighted to embark on this new chapter for our firm in India to access this opportunity. Located in a prime district, our new office in New Delhi offers excellent connectivity and enables us to establish even closer connections with our clients. With an expansive layout, the new premises provides an exceptional environment for collaboration, allowing us to come together to deliver an unparalleled and personalised experience to our valued clients. This modern workspace also offers an optimal setting for fostering innovation and creativity, and allows us to work on establishing a new standard of excellence within the wealth management industry.”
Julius Baer presently employs over 200 professionals and maintains a pan-India community with a presence in seven key cities. The agency goals to double its headcount and triple its belongings beneath administration (AUM) in India inside the subsequent 5 years. To add innovation and diversification to its current product choices for High Net-worth Individuals (HNIs) and Ultra High Net-worth Individuals (UHNIs), Julius Baer has just lately utilized for an Alternate Investment Funds (AIF) license.
About Julius Baer
Julius Baer is the main Swiss wealth administration group and a premium model in this international sector, with a concentrate on servicing and advising refined non-public purchasers. In all we do, we’re impressed by our goal: creating worth past wealth. At the tip of April 2023, belongings beneath administration amounted to CHF 429 billion. Bank Julius Baer & Co. Ltd., the famend Swiss non-public financial institution with origins courting again to 1890, is the principal working firm of Julius Baer Group Ltd., whose shares are listed on the SIX Swiss Exchange (ticker image: BAER) and are included in the Swiss Leader Index (SLI), comprising the 30 largest and most liquid Swiss shares.
Julius Baer is current in round 25 international locations and over 60 places. Headquartered in Zurich, we have now workplaces in key places together with Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, São Paulo, Shanghai, Singapore, Tel Aviv and Tokyo. Our client-centric method, our goal recommendation primarily based on the Julius Baer open product platform, our strong monetary base and our entrepreneurial administration tradition make us the worldwide reference in wealth administration.
For extra data go to our web site at www.juliusbaer.com.