Pictet Asset Management has expanded its Multi Asset range with the launch of the Pictet-Emerging Markets Multi Asset. The fund offers a single asset allocation solution to investing in emerging markets. The fund invests in equities, sovereign bonds, credit, commodities, real estate, money markets and currencies. In a lower return environment, we believe, emerging markets offer the best long-term returns globally. The Pictet Emerging Markets Multi Asset fund seeks to remove the pressure of how, when and where to allocate within emerging markets.
The strategy is co-managed by Shaniel Ramjee and Marco Piersimoni, leveraging Pictet Asset Management’s proven multi asset expertise. The investment team aim to maximise the return potential of emerging markets, while seeking to control draw-downs typical of emerging markets.
The fund has raised over USD50m in a short pre-launch marketing campaign.
Olivier Ginguené, CIO, Multi Asset and Quantitative Investment said “We believe, in the long-term, emerging markets offer the best value for investors. However, emerging markets can be subject to higher levels of volatility, making asset allocation decisions difficult for investors. Our new strategy aims to take the stress out of that process for the investor, by taking those decisions on their behalf and smoothing returns across the economic cycle.”
The Pictet-Emerging Markets Multi Asset fund is a Luxembourg domiciled UCITS fund. The fund is registered for sale in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.