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ionary Portfolio Management At a glance Assets entrusted to us AuM € billion Global Regions 20 Americas 17 EM EA Frankfurt Zurich, Geneva Luxembourg Boston Chicago San Francisco Los Angeles Baltimore London Madrid New York Hong Kong Singapore Retail 2% UHNWI 72% Affluent 6% HNWI
bonds provide exemption from federal tax and depending on your state of residence may be exempt from state and local tax. Income may be subject to the Alternative Minimum Tax. There are additional risks associated with International investing. High Yield Fixed Income — Investing in high yield bonds, which tend to be mo
ionary Portfolio Management At a glance Assets entrusted to us AuM € billion Global Regions 20 Americas 17 EM EA Frankfurt Zurich, Geneva Luxembourg Boston Chicago San Francisco Los Angeles Baltimore London Madrid New York Hong Kong Singapore Retail 2% UHNWI 72% Affluent 6% HNWI
bonds provide exemption from federal tax and depending on your state of residence may be exempt from state and local tax. Income may be subject to the Alternative Minimum Tax. There are additional risks associated with International investing. High Yield Fixed Income — Investing in high yield bonds, which tend to be mo
ary Sweden ; 20 Germany Denmark 21 Spain Czech Republic 24 Poland France 22 Poland UK 22 Denmark Iceland 23 Italy Hungary 23 Italy Sweden 24 Portugal Luxembourg 24 Greece Austria 25 Greece USA 25 Portugal Portugal 26 Luxembourg Ireland 26 Luxembourg Slovak Republic 27 Mexico Portugal 27 Mexico Italy 28 Spain
nergy tax preferences for the oil and gas industry / depreciation rules) e International tax reform including a territorial system@ Note: 1) AMT is the Alternative Minimum Tax; 2) PEP is Personal Exemption Phase-out designed to eliminate personal income exemptions for high earners; 3) Pease is a similar phase-out, but inst
Entities connected to both Luxembourg and the Alternative Minimum Tax

Jeffrey Epstein
PERSON
Norway
LOCATION
Belgium
LOCATION
Finland
LOCATION
Denmark
LOCATION
United States
LOCATION
New Zealand
LOCATION
New York
LOCATION
Julie K. Brown
PERSON
Geneva
LOCATION
Deutsche Bank
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
Frankfurt
LOCATION
Vienna
LOCATION
Zurich
LOCATION
Eric Trump
PERSON
Wales
LOCATION
Moody's
ORGANIZATION
Milan
LOCATION
Madrid
LOCATION