Pictet launches multi-asset fund
Pictet Asset Management has launched the Pictet Global Flexible Allocation fund for UK investors.
The Luxembougr-domiciled Ucits fund will provide investors “with a high conviction dynamic asset allocation… to navigate through all market conditions”.
Olivier Ginguené, head of asset allocation and quantitative investments at Pictet, says: “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.” (article continues below)
The fund will be managed by Ginguené; Eric Rosset, head of the balanced team; and Steve Donzé, macroeconomist specialising in global macro and tactical asset allocation guidance.
No details on minimum investment or charges were available at the time of writing.