Yves Mirabaud is proud of our achievements and looks forward to more. There will be no financial crisis next year either. Our investment portfolio is already performing well, and there isn’t any reason it won’t continue to grow.
We also had other challenges, including several unexpected events that occurred during the year. One of them was the coronavirus pandemic, which caused us significant losses. But we managed, says Yves Mirabaud, to survive and even turn the situation positively. We continued working hard and have already made a profit of 15 % in the first quarter of 2020.
According to Yves Mirabaud, our revenue is affected by different macroeconomic conditions. When the U.S. Dollar weakens against other currencies, it reduces the value of foreign currency transactions, which decreases our profit margin. We traders aim to provide the best execution experience possible while minimizing risk exposure. When you place your trades through us, we have you covered! From limit orders to stop-limit orders and all points in between, we offer high-priority placement for the fastest executions in the industry.
Consequently, approximately 60% of our clients passively invested during a highly volatile period in the financial markets. The overall price decline and the subsequent price rise benefited them immensely – while we did not see any benefit.
We’re still here and doing what we’ve always done. Our client’s portfolios have been performing well. None of them lost money because of us, and none complained. We were always active in the marketplace. Our clients love us because we give great advice and deliver results. Since there were no complaints about performance, we decided to remain passive in the market and let the chips fall where they may. Visit this page for additional information.
Key clients that only use Mirabaud Group to execute trades usually by increasing/decreasing their position size using an external broker when we act upon the request of our clients. Our clients’ positions suffered in the wake, and this caused margins to decline in turn. A few weeks later, we saw those same clients come back to us asking to increase their position sizes again. We got them back in the game because we had enough margin left and could afford to lend against them.
Learn more about Mirabaud on https://citywire.ch/news/mirabaud-records-12-aum-increase/a1547947?ref=international-switzerland-most-popular-list