NOT FOR U.S. INVESTORS
The funds mentioned on this website are not registered as investment companies in the United States under the U.S. Investment Company Act of 1940, as amended, and the shares of such funds are not registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), nor are they registered under any other act or regulation in the United States.. Consequently, the above-mentioned investment funds must not in any circumstances be offered or distributed: (i) in the United States of America, in any of its States or in any other political subdivision of the United States of America, or (ii) to or on behalf of or for the benefit of any United States Person (as defined in Regulation S of the U.S. Securities Act). Please refer to the applicable fund’s prospectus and offering document for more information.
This website has been created for informational purposes and is intended to be accessed or used only by investment professionals. Material and information provided herein is not intended for retail investors and/or distribution to the general public in any jurisdiction. The information provided should not be considered as investment advice, or as an offer or recommendation to buy or sell any particular security or investment.
Past performance is no guarantee of future results.
Pictet Asset Management opens first US office in New York City
Pictet Asset Management, one of Europe’s leading independent asset managers, has announced the official opening of its first US office in New York City.
We are pleased to announce the official opening of our first US office in New York City. The new office, Pictet Asset Management (USA) Corp is located at 712 5th Avenue and will be led by Elizabeth Dillon (Liz).
Liz will be joined by Mike Acker Head of Key Accounts, Nick Mavro, Head of US Institutional and Jorge Corro, Head of US Offshore. Liz Dillon is returning home to New York after spending 19 years working for Pictet Asset Management in Geneva and London, most recently as Head of Global Financial Institutions, and will be appointed as CEO of Pictet Asset Management (USA) Corp.
Liz comments, “While we understand this is a challenging time as New Yorkers continue to make adjustments to their professional and personal lives, we are committed to bringing our highly experienced team to the financial capital of the world”.
We will continue to expand the reach of the Pictet team as we support our existing clients, explore new opportunities and plan for future growth of Pictet Asset Management in the United States.
Pictet Asset Management is an independent asset manager, overseeing over USD 209 billion (as at end June 2020) for clients across a range of equity, fixed income, alternative and multi asset products. The firm provides specialist investment services through segregated accounts and investment funds.
Pictet Asset Management is part of the Pictet Group which was founded in Geneva in 1805. The Pictet Group is owned and managed by seven managing partners who are responsible for the entire business of the Group. The principles of succession and transmission of ownership have remained unchanged since 1805. Over the past 215 years there have been only 43 partners, each with an average tenure of over 20 years.
Laurent Ramsey, Managing Partner of the Pictet Group and Co-CEO of Pictet Asset Management said, "The US, which represents the largest savings market in the world, is a sophisticated, competitive and open market."
Pictet Asset Management’s presence in New York will improve its client service capabilities, increase its visibility in the region and offer Pictet the possibility to benefit from being present in the US - one of the largest and best talent pools in the world.
Pictet Asset Management plans to expand the New York team to 12.
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Global Environmental Opportunities: transforming sustainable investment
Luciano Diana, Senior Investment Manager, Global Environmental Opportunities Strategy, Marc-Olivier Buffle, Senior Product Specialist
April 2020
Important legal information
This marketing document is issued by Pictet Asset Management. It is neither directed to, nor intended for distribution or use by any person or entity who is a citizen or resident of, or domiciled or located in, any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. Only the latest version of the fund’s prospectus, the KIID (Key Investor Information Document), regulations, annual and semi-annual reports may be relied upon as the basis for investment decisions. These documents are available on assetmanagement.pictet.
This document is used for informational purposes only and does not constitute, on Pictet Asset Management part, an offer to buy or sell solicitation or investment advice. It has been established on the basis of data, projections, forecasts, anticipations and hypothesis which are subjective. Its analysis and conclusions are the expression of an opinion, based on available data at a specific date. The effective evolution of the economic variables and values of the financial markets could be significantly different from the indications communicated in this document.
Information, opinions and estimates contained in this document reflect a judgment at the original date of publication and are subject to change without notice. Pictet Asset Management has not taken any steps to ensure that the securities referred to in this document are suitable for any particular investor and this document is not to be relied upon in substitution for the exercise of independent judgment. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. Before making any investment decision, investors are recommended to ascertain if this investment is suitable for them in light of their financial knowledge and experience, investment goals and financial situation, or to obtain specific advice from an industry professional.
The value and income of any of the securities or financial instruments mentioned in this document may fall as well as rise and, as a consequence, investors may receive back less than originally invested. Risk factors are listed in the fund’s prospectus and are not intended to be reproduced in full in this document.
Past performance is not a guarantee or a reliable indicator of future performance. Performance data does not include the commissions and fees charged at the time of subscribing for or redeeming shares. This marketing material is not intended to be a substitute for the fund’s full documentation or for any information which investors should obtain from their financial intermediaries acting in relation to their investment in the fund or funds mentioned in this document.
EU countries: the relevant entity is Pictet Asset Management (Europe) S.A., 15, avenue J. F. Kennedy, L-1855 Luxembourg
Switzerland: the relevant entity is Pictet Asset Management SA , 60 Route des Acacias – 1211 Geneva 73
Hong Kong: this material has not been reviewed by the Securities and Futures Commission or any other regulatory authority. The issuer of this material is Pictet Asset Management (Hong Kong) Limited.
Singapore: this material is issued by Pictet Asset Management (Singapore) Pte Ltd. This material is intended only for institutional and accredited investors and it has not been reviewed by the Monetary Authority of Singapore.
For Australian investors, Pictet Asset Management Limited (ARBN 121 228 957) is exempt from the requirement to hold an Australian financial services license, under the Corporations Act 2001.
For US investors, Shares sold in the United States or to US Persons will only be sold in private placements to accredited investors pursuant to exemptions from SEC registration under the Section 4(2) and Regulation D private placement exemptions under the 1933 Act and qualified clients as defined under the 1940 Act. The Shares of the Pictet funds have not been registered under the 1933 Act and may not, except in transactions which do not violate United States securities laws, be directly or indirectly offered or sold in the United States or to any US Person. The Management Fund Companies of the Pictet Group will not be registered under the 1940 Act.
For US investors, Shares sold in the United States or to US Persons will only be sold in private placements to accredited investors pursuant to exemptions from SEC registration under the Section 4(2) and Regulation D private placement exemptions under the 1933 Act and qualified clients as defined under the 1940 Act. The Shares of the Pictet funds have not been registered under the 1933 Act and may not, except in transactions which do not violate United States securities laws, be directly or indirectly offered or sold in the United States or to any US Person. The Management Fund Companies of the Pictet Group will not be registered under the 1940 Act.
Pictet Asset Management Inc. (Pictet AM Inc) is responsible for effecting solicitation in North America to promote the portfolio management services of Pictet Asset Management Limited (Pictet AM Ltd) and Pictet Asset Management SA (Pictet AM SA).
In Canada Pictet AM Inc. is registered as Portfolio Manager authorised to conduct marketing activities on behalf of Pictet AM Ltd and Pictet AM SA. In the USA, Pictet AM Inc. is registered as an SEC Investment Adviser and its activities are conducted in full compliance with the SEC rules applicable to the marketing of affiliate entities as prescribed in the Adviser Act of 1940 ref. 17CFR275.206(4)-3.