Best known for private banking, Zurich-based Julius Baer plans to bring four mutual funds to the masses, according to The Wall Street Journal.

"For years, their only real recognized funds were their international equity and one or two bond funds," said Greg Wolper, a senior fund analyst at Chicago fund-tracker Morningstar, "It was a very small shop."   Now, Julius Baer is "trying to expand its mutual funds to be more like what you might call a normal fund shop in the U.S.," said Wolper.

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