Jürg Zeltner Believes in Small, Agile Asset Managers

The former head of UBS's private bank, Juerg Zeltner, is buying a stake in a strong, but significantly smaller European wealth manager, where he will take the CEO job, and rapidly expand the business. The move reflects Zeltner’s publicly declared opinion that smaller, more agile asset managers are more likely to prosper under current market conditions.

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Finance, PeopleIan Simpson