FUND LAUNCHES

Pictet eyes long-term growth stocks with new market neutral global equities hedge fund launch

Pictet eyes long-term growth stocks with new market neutral global equities hedge fund launch

Pictet Asset Management, the investment management arm of the Geneva-headquartered wealth management giant Pictet Group, has unveiled a new market neutral global equity hedge fund which trades liquid US and European stocks, with a low correlation to broader equity markets.

OUTLOOK

Outlook “bright” for hedge funds as industry seizes on surging volatility, JP Morgan Asset Management officials say

Outlook “bright” for hedge funds as industry seizes on surging volatility, JP Morgan Asset Management officials say

The immediate outlook for hedge funds is “very bright”, with elevated volatility at an “optimal” level for macro and relative value strategies in particular, JP Morgan Asset Management’s alternatives team said this week.