Julius Baer Gruppe AG : Julius Baer gains two new awards from Asian Private Banker

Julius Baer, the leading Swiss private banking group, has won two new private banking awards from Asian Private Banker, the regional private banking focused publication. Julius Baer has been named Best Boutique Private Bank in Asia and Best Private Bank - External Asset Manager's Choice.

Whilst confirming Julius Baer as the Best Boutique Private Bank in Asia, Shruti Advani, Editor and head of the judging panel commented, "Julius Baer is the winner of this year's award and is fully justified in its motto, 'Big enough to matter, small enough to care'. The Bank's QFII licence and strategic collaboration with Macquarie were highlighted as key differentiators of Julius Baer from the rest of the industry.

Dr Thomas R Meier, CEO Asia, commenting on this new award said, "2011 was a challenging year for all the banks, so it is extremely satisfying that our innovative business solutions have been recognised and appreciated by the market.

The Bank was also named Best Private Bank - External Asset Manager's Choice for Asia. The judges' decision of best provider is based on assessments of nominations made directly by EAMs in the region. Commenting on Julius Baer's clear win of this category, the judging panel writes, "External asset managers count on private banks to help them get swift, economical trade execution and relevant research. A few select banks are going beyond this standard purview to partner with their external asset manager clients. Whilst recommending Julius Baer for the award, external asset managers refer to the Bank's flexible approach towards and its long experience in dealing with their needs as well as the quality of service they receive from the Bank.

Christopher Burgess, Head Asia EAM, commenting on the award says, "The collaborative spirit, within the team, within the organisation, and with our clients, has built a winning combination, so I am delighted that this has been appreciated.