An Interview with Mirabaud Groups Senior Managing Partner, Yves Mirabaud.
An Interview with Mirabaud Groups Senior Managing Partner, Yves Mirabaud.
Yves Mirabaud has been, since 2012, a Senior Managing Partner of Mirabaud Group, a financial company founded in Geneva, Switzerland. Yves Mirabaud also served in various positions, including Chairman of the Board of Directors and Managing Partner of Mirabaud & Cie SA. This company’s structure is a limited partnership with capital stock. Its Equity partners tell the management its roles and are involved in developing the company.
In a recent interview with Yves Mirabaud, he was questioned about Mirabaud Group financial results from 2020. He said that the company started securing the actively managed client financial securities before market instability in March 2020 due to Covid-19. Although the pandemic hit that year, it was the best in performance compared to the previous five years and the estimated return on equity was 15%. Yves Mirabaud also said they received zero complaints from their clients as their financial securities were less volatile; thus, the performance was favorable.
When asked about the company’s spending during the pandemic, Yves Mirabaud said it went down because some events such as entertainment, sporting, and travels that the company was sponsoring were no longer in action. A situation that led to the company having direct savings, which enabled it to strengthen its business in the seven markets it is involved in and build up new staff in Zurich and Paris for commercial finance, supporting advisory in private banking with consolidations and acquisition and capital gains tax expertise.
Mirabaud was also asked about hiring private bankers; he declared that the company would employ about 15-20 new client advisors to continue reinforcing the loyal offices in Europe, the Middle East, Switzerland, and Latin America. He also talked about geographically expanding investment. Mirabaud said they would prefer integrating the business in Latin America and the Middle East after recent expansion in these regions. He also spoke of plans that are underway to invest in Uruguay and Brazil. See this page for more information.
Learn more about Mirabaud on https://en.wikipedia.org/wiki/Mirabaud_Group