Pictet Asset Management has launched a market neutral Asian total return fund for lead manager James Kim.
Launched on 5 November, PTR-Phoenix is a UCITS IV compliant fund which combines long and short positions with the aim of neutralising market risk and generating alpha. It is the group's sixth total return vehicle. Kim will manage the fund from Singapore, alongside Tai Panich and Jing Wang. The fund will be run using the team's local insight and fundamental analysis to identify leading structural themes in Asia and assess their impact on industries and companies. The key growth drivers powering the Pictet Global Megatrend Selection fund It will have weekly liquidity and daily pri...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes