The current market conditions are prompting firms to push back their IPO plans, and Julius Baer's U.S. mutual fund unit is no exception. Artio Global Investors' IPO will probably not happen before the year ends, Pension & Investments quotes a Julius Baer spokesman as saying.

Julius Baer filed with the SEC in February (see The MFWire, February 12, 2008) to offer as much as $1 billion in shares of Julius Baer Americas, which in June was rebranded Artio (see The MFWire, June 16, 2008). Company executives had expected the IPO to take place this year. 

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