Senior Partner At Mirabaud Wealth Manager – Yves Mirabaud
Mirabaud is a financial banking organization with a strong foundation and puts its clients’ interests at the forefront. Yves Mirabaud is a Senior Partner at the financial firm, and together with other partners, they are deciding on a new technology that will help the bank.
During a recent interview, Yves was asked several questions. Among the questions was why profits at the organization dropped in 2020. According to Mr. Mirabaud, it is true the organization made extraordinary profits in 2018 and 2019. However, the 2020 drop in profits marked the Covid-19 pandemic, and the company called the year for humility.
The profits fell by eight percent in a year that the investors and Mirabaud clients seemed active. Yves Mirabaud mentioned that several factors predisposed the fall. The interest of the business felt the United States’ dollar weakness. While on the other hand, regarding the commission and trading income, the organization began safeguarding its actively managed client portfolios in March before the financial market troubles. As a result, 60 percent of the organization’s clients were actively capitalized during the tremendously active phase, both the drop and the retrieval of the financial market.
According to Yves Mirabaud, the performance of their clients’ portfolios was favorable. Yves Mirabaud said that the hedging strategy primarily benefited during the period. According to the senior partner of Mirabaud, the company may seem old-fashioned, but its culture is not antagonistically out of the market. The financial firm did not receive any complaints from its clients. The company ensured its customers’ portfolio received less unpredictability, and the presentations were auspicious in almost all cases. See related link for more information.
Yves Mirabaud has been a senior partner of Mirabaud, a Genevan wealth management company established 200 years ago. Since its foundation, the organization has been experiencing tremendous expansion, managing over $37 billion by the end of 2021. Yves studied International Relations in Genevan and afterward joined the family business in 1993. Mr. Mirabaud has served in various Boston, New York, and Genevan organizations.
Learn more about Mirabaud on https://www.mirabaud.com/en/mirabaud-group/governance