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Julius Baer pares BlackRock product range

Bernadette Tio
The moves comes after the US fund house had gained a dominant share of Julius Baer's shelf space following the Swiss bank's acquisition of Merrill Lynch's wealth business.
Julius Baer pares BlackRock product range

Swiss private bank Julius Baer has reduced the number of BlackRock products it offers following its acquisition of Merrill Lynch's non-US wealth business. The driver behind the move is that the US fund house had gained a dominant share of Julius Baer's shelf space as a result of the Merrill Lynch deal.

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