Swiss private banker Yves Bonzon, who was set to join BSI Bank as CIO, will now join Julius Baer. BSI was set to be sold by Brazilian Lender Grupo BTG Pactual. However, as BTG failed to find an investor for BSI, Bonzon changed his mind and joined Julius Baer, where he will start as co-CIO […]
Pictet’s head of Fund Selection Mussie Kidane suggests active fund management is at a crossroads and has to prove its relevance to investors. In the aftermath of the financial crisis, passive investment strategies have been popular with investors. Describing the global economic landscape that financial markets currently face, Mussie Kidane (pictured), head of Fund Selection at Banque Pictet & Cie, observes that active […]
Pictet Asset Management has announced the launch of Pictet Robotics, a Luxembourg Sicav investing in robotics and artificial intelligence technologies. The fund will be launched on 8 October. The fund aims to capitalise on advances in IT, such as cloud computing and the emergence of powerful new microprocessors, which are revolutionising robotics and automation technologies. […]
Mussie Kidane of Pictet Wealth Management says the evolving nature of selection means there must be scope to consider funds of different size and age.
Giorgio Riccucci has been appointed to head Credit Suisse’s private banking interests in Italy. He replaces Franco Mueller, with effect of 1 January 2012. Mueller remains at Credit Suisse, working alongside Riccucci as senior client officer.
Fund selection at Pictet & Cie is the domain of Mussie Kidane, whose team covers a broad range of asset classes but is most drawn, he tells Peter Kenny, by conviction managers
Future Capital Partners hires ahead of fund launch, Pictet hires for Asia total returns, GE Capital seeks leveraged finance across Benelux, four lawyers leave Clifford Chance to build private equity funds team
GLG revamps environment fund in sustainability fund launch, Calamos opens Ucits version of emerging markets fund, Pictet unveils global total return credit fund, JP Morgan wins Dutch pension fund mandate.
Pictet Asset Management has made a senior hire to drive the sale of its products to institutional investors in Northern Europe.