The Swiss fund house has applied to register its first fund in Hong Kong with an eye on mutual recognition and other business. It is also planning a multi-asset hire and a China presence.
Pictet Asset Management expects to come to market with the product this quarter as one of several RQFII funds it has planned for the coming year.
Amy Cho, Asia-Pacific business development head at Pictet Asset Management, discusses how interest in local- and hard-currency EM debt is gaining critical mass.
Having registered eight more funds to offer to retail customers, the Swiss asset manager is in talks to get on the shelves of more foreign and local banks in the city.