Amid the rally in equity markets, Julius Baer
executives on Monday reiterated their plan to undertake an IPO of their
U.S.-based asset management business, Artio Global Investors
"It is still intended to launch an IPO of Artio Global
in 2009, subject to market conditions," Julius Baer
officials said as part of the company's earnings release.
Julius Baer filed with the SEC in February 2008 to
offer as much as $1 billion in shares of Julius Baer
Americas, which was rebranded Artio in June that year.
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