Strategic market entry

Julius Baer Acquires Majority Stake in Brazilian Wealth Manager GPS

Date:

Julius Baer Acquires Majority Stake in Brazilian Wealth Manager GPS
. Julius Baer aumenta su participación en la brasileña GPS Investimentos

Author: Alicia Miguel

  1. By increasing its participation from 30 to 80 per cent
  2. It underscores Julius Baer’s strategic goal of building a leading wealth management business in Brazil
  3. GPS has almost doubled assets under management over the last three years
  4. Julius Baer senior executives will assume a majority in the Board of Directors of the company and will also appoint two members to the Executive Committee of GPS