Julius Baer has appointed a founder member of the Association of Independent Asset Managers of Singapore as a head of relationship management in the UK.

Julius Baer has appointed Massimo Luca Hilber, a luminary of the Singaporean wealth management industry, to join its UK management team as a head of relationship management, having previously worked at Aris Primepartners, the Swiss bank announced today.

He will help lead the expansion of Julius Baer’s business in the UK supporting RMs, it said in a statement.

Massimo Luca Hilba has 32 years of experience in wealth management. He has worked at Mancard Asia, Deutsche Bank and Credit Suisse in Asia, the Middle East, Eastern and Western Europe.

He is a founding member of the Association of Independent Asset Managers of Singapore.

Among recent developments at the Swiss bank, it announced in May a collaboration with the Swiss think tank, Web for Interdisciplinary Research & Expertise, or WIRE. They are joining forces to explore long term investment opportunities that fit with rising demand to meet social and environmental demands. WIRE will deliver analysis and insights on trends in business, society, technology and life sciences, which Julius Baer says will help its “next generation” strategy.  

The Zurich-listed firm has total assets under management of SFr264 billion ($296.9 billion), up 4 per cent from the end of last year. The AuM figure includes around SFr53 billion of Merrill Lynch IWM business, which the bank is in the final phase of transferring. Of that sum, SFr42 billion has been booked onto Julius Baer platforms and paid for.