Managing Partner At Mirabaud -Yves Mirabaud
Yves Mirabaud is a senior partner at Mirabaud Investment. According to Yves, the investment bank puts its clients ahead of its revenue. Since its foundation, the private bank located in Genevan has been experiencing a tremendous expansion. The bank will decide on a new technology platform in its recent announcement. The bank’s financial results for 2020 looked disappointing at a glance.
According to Mirabaud, it is true the results were not as pleasing compared in the previous years of 2019 and 2018. Yves mentioned that the investment bank called the 2020 results for humility caused by covid-19 circumstances. However, Mirabaud investments count the year as one with pleasing results since the foundation of the financial firm.
Yves Mirabaud said that revenue in 2020 fell by eight percent in a year where investors were active. The falling of interest was influenced by several factors, including the weakening of the United States dollar. Mirabaud mentioned that the financial firm began to secure its client’s portfolio in March before the financial market disorder.
As a result, almost 60 percent of Mirabaud clients were active in the market during the recovery and the drop in the market. Those who invested in the hedge plan during this time benefited the most. Yves Mirabaud noted that the financial organization might seem old-fashioned and conservative, but it has kept its culture in the market. Mr. Mirabaud is proud that the firm did not receive any complaints from its client throughout the tough times. Yves and his team ensured that their clients’ investments did not lose much and experienced less instability.
According to the records, Mirabaud expenses were reduced in 2019; Yves noted that the firm is not cutting down on costs; instead, the financial organization is keen on how it is spending. Covid-19 helped the company have direct savings on areas, including sponsoring events, traveling, and entertainment.
Yves Mirabaud has been a senior partner of Mirabaud, a wealth manager founded in 2012 and located in Genevan. See this article to learn more.
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Yves Mirabaud is a senior partner at Mirabaud Investment. According to Yves, the investment bank puts its clients ahead of its revenue. Since its foundation, the private bank located in Genevan has been experiencing a tremendous expansion. The bank will decide on a new technology platform in its recent announcement. The bank’s financial results for…