Swiss private bank Julius Baer, is succeeding in its efforts to raise the risk appetite of its wealthy private clients who sheltered their money in low-risk cash investments during the financial crisis, tempting them instead into slightly riskier products such as corporate bonds and foreign exchange trading, its head of investment solutions told Dow Jones Newswires.

Yves Robert-Charrue said that although worries about the state of the global economy are still keeping the bank's clients away from its riskiest offerings, they are gradually raising their heads above the parapet: "Clients want to know much more what is going on, how they can intervene at some point, and that's why we have spent quite a bit of time on this, how to offer some form of capital preservation without just staying in cash and government bonds," he said.