ESG is no passing fad, as more investors are convinced that alpha can be found in ESG and regulators continue to introduce rules to lift ESG standards.
The portfolios include six theme funds which focus and leverage on strong and long-term socio-economic drivers, such as climate change, evolving demographics and global threats.
Pictet Funds has 12 offices worldwide and distributes its funds to clients in around 20 countries, ranging from Chile, Japan and Scandinavia through to the Middle East. It has about $62 billion in assets under management.
In Asia, Pictet Funds has offices in Singapore and Tokyo. The company declined to elaborate on its planned expansion in Hong Kong, pending an official announcement next week.
Pictet Asset Management, the institutional investment management arm of the Pictet Group, entered the Asia ex-Japan market in 2006. Amy Cho, previously head of North Asia business development at First State Investments in Hong Kong, was appointed Asia ex-Japan head of Pictet Funds and remains in her regional role. Prior to that, Pictet Asset Management had already established a presence in Japan, where it is now among the largest foreign players in the retail market.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
The Australian pension fund joins other asset owners in eyeing private credit opportunities in the Asia-Pacific region, although liquid defensive assets retain a majority of allocations.
What can asset managers and other stakeholders in the country do to further drive sustainable investing, particularly among smaller asset owners, in the country?