Pictet Asset Management launches Global Flexible Allocation Fund
Pictet Asset Management this week launched the Pictet-Global Flexible Allocation fund, a Lux-domiciled UCITS fund. It commenced trading on 20 March and is registered for sales in various European jurisdictions including Austria, Belgium, Germany, France, the UK, Spain, Sweden and also Singapore in Asia. This latest strategy aims to maximise returns by employing a flexible approach to seek out the best asset allocation opportunities globally. The fund will be managed by a focused team of three asset allocation specialists: Olivier Ginguené (pictured), Head of Asset Allocation and Quantitative Investments and a member of the Executive Board of Pictet Asset Management; Eric Rosset, Head of the Balanced team and Steve Donzé, a macroeconomist who specialises in global macro and tactical asset allocation guidance. All three managers are based in Geneva and are core members of the Pictet Asset Management Strategy Unit. Commenting on this latest UCITS strategy Ginguené said: “Global markets are driven by macro economic conditions and events. We believe that a strategy with freedom to invest globally without constraint in all asset classes can deliver a better risk reward profile than more constrained strategies.” Pictet Asset Management currently manages EUR 6.2bn in Balanced and Multi Asset Portfolios.
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