Pictet launches globally investing Ucits fund
Pictet Asset Management is launching a globally investing unconstrained fund, which is Luxembourg-based and fully Ucits-compliant.
The Pictet Global Flexible Allocation fund targets euro-denominated investors looking for high conviction dynamic asset allocation.
The fund is managed by a Geneva-based team comprising Olivier Ginguené, 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 specialising in global macro and tactical asset allocation guidance.
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.”
The fund is registered for sale in Austria, Belgium, Finland, France, Germany, Italy, the United Kingdom, Liechtenstein, The Netherlands, Portugal, Singapore, Spain, and Sweden.