Yves Mirabaud is a financier and senior partner of a leading financial services firm. He recently talked about the financial sector and his firm in a recent interview. Mirabaud revealed some interesting information about the latest developments in the industry and how his firm has coped with the recent pandemic.
According to industry experts, Mirabaud’s firm; Mirabaud Group, had an eight percent decline in total revenue while many investors were active in the market. Yves Mirabaud said that there were a number of factors that contributed to this. First, the interest part of his business felt the weakness of the American dollar. His firm also focused on securing active managed client asset portfolios before the financial markets began experiencing some instability. With these two factors in mind, about 60 percent of his firm’s clients were investing passively in the market. While the performance of client portfolios was favorable, his firm still experienced a loss of revenue.
Another issue that Yves Mirabaud talked about was hedging during the recent trading boom. According to Yves, he believes that his firm had the right strategy to manage the financial assets of his clients. He stated that his firm is old fashioned and conservative and is not really focused on aggressively making transactions in the market. With this approach, his firm was able to satisfy its clients as there was much less volatility in their investment portfolios. The firm’s performance may have lost revenue but it was still profitable and performed well during the past year.
With his unique approach to running his investment firm, Yves has maintained a solid client base over the last several years. He has helped manage the investment portfolios for many high-net-worth individuals all over the world. His firm currently operates out of Geneva Switzerland where it currently manages $35 billion worth of Swiss Francs. Visit this page to learn more.
View his LinkedIn profile on https://ch.linkedin.com/in/yves-mirabaud-b7914a17