Pictet Robotics team has expanded with the appointment of Francesco Pighini as investment manager, financial news website Citywire Selector revealed on Wednesday.
Pighini, who joined the fund´s team in May 2019, focuses on the industrial companies of the fund´s portfolio.
Pictet Robotics, managed by Peter Lingen, aims to achieve capital growth by investing mainly in equities and equity related securities (such as convertible bonds, ADR, GDR) issued by companies that contribute to and/or profit from the value chain in robotics and enabling technologies.
The targeted companies will be active mainly, but not exclusively, in the following areas: Robotics applications and components, automation, autonomous systems, sensors, microcontrollers, 3D printing, data processing, actuation technology as well as image, motion or voice recognition and other enabling technologies and software.
Pighini joined Pictet Asset Management in 2017 where, according his LinkedIn profile, he has been part of the manager´s developed equities unit for around a year.